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UMY to UGX Converter and calculator

UMY/UGX: 1 UMY = 2.9 UGX. The price of converting 1 KaraStar UMY (UMY) to Ugandan shilling (UGX) is 2.9 UGX today.
UMY
UMY
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides UMY to UGX real-time exchange rates, making it easy to convert KaraStar UMY (UMY) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 UMY is currently valued at 2.90 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 UMY is currently valued at 2.90 UGX, which means buying 5 UMY would cost 14.51 UGX. Similarly, Sh1 UGX can be converted to 0.3445 UMY, and Sh50 UGX can be converted to 1.72 UMY, excluding any platform or gas fees.

Convert UMY to UGX

Convert UGX to UMY

KaraStar UMY
Ugandan shilling
500 UMY
1,451.33  UGX
1000 UMY
2,902.65  UGX
5000 UMY
14,513.27  UGX
10000 UMY
29,026.55  UGX
In the table above, you'll find a comprehensive UMY to UGX converter that shows the value of KaraStar UMY in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 UMY to UGX, all the way up to 10000 UMY, providing a clear view of their respective values.
Ugandan shilling
KaraStar UMY
50000 UGX
17,225.61 UMY
100000 UGX
34,451.22 UMY
In the table above, you'll find a comprehensive UGX to UMY converter that shows the value of Ugandan shilling in KaraStar UMY across commonly used conversion amounts. The list covers conversions from 1 UGX to UMY, all the way up to 100000 UGX, providing a clear view of their respective values.

UMY to UGX chart

UMY/UGX: 1 UMY = 2.9 UGX; 2025/04/27 08:36:08
In the past 1D, KaraStar UMY has changed -0.18% to UGX. Based on the trend and price charts, KaraStar UMY(UMY) has changed -0.18% to UGX while Ugandan shilling(UGX) has changed % to UMY in the last 24 hours.
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UMY to UGX conversion data: Volatility and price changes of KaraStar UMY in UGX

The highest KaraStar UMY price in UGX over the past 7 days was 2.98 UGX while the lowest KaraStar UMY price in UGX over the past 7 days was 2.86 UGX. The relative change between the highs and lows in KaraStar UMY price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and UMY to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
2.93 UGX
2.98 UGX
2.98 UGX
3.44 UGX
Low
2.9 UGX
2.86 UGX
2.58 UGX
2.53 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-0.18%
+1.54%
-4.21%
-6.22%

KaraStar UMY information

UMY to UGX market statistics

UMY/UGX:
Sh2.9
UMY 24h volume:
--
UMY market cap:
--
UMY circulating supply:
0 UMY

Current UMY to UGX exchange rate

KaraStar UMY to Ugandan shilling is rising this week.
KaraStar UMY's current market price is Sh2.9 per UMY, with a total market cap of Sh0 UGX based on a circulating supply of -- UMY. The trading volume of KaraStar UMY has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, UMY's trading volume was Sh0.

More info about KaraStar UMY on Bitget

Ugandan shilling information

About Ugandan Shilling (UGX)

The Ugandan Shilling (UGX), introduced in 1966, is the official currency of Uganda and a significant symbol of the country's economic resilience and aspirations for growth. It is commonly abbreviated as UGX and represented by the symbol USh. Replacing the East African Shilling, the Ugandan Shilling was established in the wake of Uganda’s independence, marking a new era in the nation's economic journey.

Historical Background

The introduction of the Ugandan Shilling was a pivotal step in post-independence Uganda. It symbolized the country's break from its colonial past and its commitment to forging an independent economic path. The Ugandan Shilling's establishment coincided with Uganda's broader efforts to build a self-sustaining and diversified economy.

Design and Symbolism

The design of the Ugandan Shilling reflects the country's rich cultural heritage, natural resources, and wildlife. Banknotes and coins feature images of notable Ugandan figures, local flora and fauna, and key economic activities. These designs are not just utilitarian; they narrate Uganda's history, celebrate its cultural diversity, and showcase its natural beauty, thereby instilling a sense of national identity and pride.

Economic Role

The Ugandan Shilling plays a crucial role in Uganda’s economy, which includes significant sectors like agriculture, tourism, and manufacturing. As the primary medium of exchange, it supports these sectors, enabling trade, facilitating investment, and aiding the daily financial transactions of Ugandans.

Monetary Policy and Stability

Managed by the Bank of Uganda, the Shilling has faced various economic challenges, including inflation and currency volatility. The central bank's monetary policies focus on stabilizing the Shilling, controlling inflation, and fostering a conducive environment for economic growth and stability.

International Trade and the Ugandan Shilling

In international trade, the value of the Shilling is crucial, particularly for Uganda’s exports, such as coffee, tea, and gold. A stable Shilling is essential for maintaining competitive export prices and for managing the import of essential goods.

Remittances and Economic Impact

Remittances from Ugandans working abroad, especially in the Middle East, Europe, and North America, are a significant source of foreign income. These remittances, converted into Shillings, support many families and contribute to the national economy, providing a vital buffer against economic challenges.

Bitget crypto-to-fiat exchange data shows that the most popular KaraStar UMY currency pair is the UMY to UGX, with for KaraStar UMY's currency code being UMY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert UMY to UGX

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UMY to UGX Conversion tables

The exchange rate of KaraStar UMY is decreasing.
The exchange rate of 1 UMY to Ugandan shilling has changed by +1.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.18%, reaching a high of 2.93 UGX and a low of 2.9 UGX . One month ago, the value of 1 UMY was Sh3.03 UGX , which represents a -4.21% change from its current value. Over the last year, KaraStar UMY has changed by
-Sh
0.02038UGX
, resulting in a change of -0.70% in its value.
24 hours ago1 month ago1 year ago
Amount08:36 am today24 hours ago24h change
0.5 UMYSh1.45Sh1.45
-0.18%
1 UMYSh2.9Sh2.91
-0.18%
5 UMYSh14.51Sh14.54
-0.18%
10 UMYSh29.03Sh29.08
-0.18%
50 UMYSh145.13Sh145.4
-0.18%
100 UMYSh290.27Sh290.8
-0.18%
500 UMYSh1,451.33Sh1,454.01
-0.18%
1000 UMYSh2,902.65Sh2,908.01
-0.18%

UMY to UGX FAQ

How much is 1 KaraStar UMY in UGX?
Right now, the price of 1 KaraStar UMY (UMY) in Ugandan shilling (UGX) is Sh2.9.
How much UMY can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.3445 UMY for 1 UGX.
How do I calculate or convert UMY to UGX?
You can use our UMY to UGX calculator at the top of this page to convert any amount of UMY to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 1.72 UMY, while 5 UMY will cost around 14.51UGX.
What is the highest price of UMY/UGX in history?
The all-time high price of 1 UMY in UGX is Sh3,391.1. It remains to be seen if the value of 1 UMY/UGX will exceed the current all-time high.
What is the price trend of KaraStar UMY in UGX?
Over the past 7 days, the exchange rate of KaraStar UMY (UMY) has gone up by 1.54%.   Over the last month, the exchange rate of KaraStar UMY (UMY) has gone down by 4.21% against Ugandan shilling (UGX).

What factors influence the conversion rate of UMY to UGX?

There are many factors that affect the relationship between KaraStar UMY and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of UMY/UGX. When there is positive news in the market about the widespread adoption of UMY or major technological breakthroughs, it tends to trigger market optimism and drive the rise of UMY/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in UMY/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of UMY/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of KaraStar UMY and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.