LZM
UGX
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of LoungeM(LZM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 LZM at a value of 1 LZM for 23.97 UGX . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
UGX 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 LoungeM currency pair is the LZM to UGX, with for LoungeM's currency code being LZM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
LZM to UGX conversion rate trend
1D7D1M3M1YAll
In the past 1D, LoungeM has changed +0.58% to UGX. Based on the trend and price charts, LoungeM(LZM) has changed +0.58% to UGX while Ugandan Shilling(UGX) has changed % to LZM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh23.95 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/18 00:31:20(UTC+0)
How to buy LoungeM
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LoungeM (LZM)
Use a variety of payment options to buy LoungeM on Bitget. We'll show you how.
Buy LZM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of LZM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy LZM with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell LZM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of LZM to UGX. However, you can first exchange LZM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of LoungeM to Ugandan Shilling?
LoungeM to Ugandan Shilling is rising this week.LoungeM's current market price is Sh 23.97 per LZM, with a total market cap of Sh 2,026,823,561.5 UGX based on a circulating supply of 84,539,930 LZM. The trading volume of LoungeM has changed by -53.82% (Sh -3,231,729.22 UGX) in the last 24 hours. Last trading day, LZM's trading volume was Sh 6,004,788.67.
Market cap
$557.38K
24h volume
$762.5957175
Circulating supply
84.54M LZM
Conversion tables
The exchange rate of LoungeM is increasing.1 LZM is currently valued at Sh 23.97 UGX , which means buying 5 LZM will cost Sh 119.87 UGX . Similarly, Sh1 UGX can be traded for 0.04171 LZM, and Sh50 UGX can be converted to 2.09 LZM, excluding any platform or gas fees.
The exchange rate of 1 LZM to Ugandan Shilling has changed by +8.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.58%, reaching a high of 26.53 UGX and a low of 23.82 UGX . One month ago, the value of 1 LZM was Sh 23.64 UGX , which represents a +1.40% change from its current value. Over the last year, LoungeM has changed by , resulting in a change of -79.91% in its value.
-Sh
95.36UGXLZM to UGX
Amount
07:09 am today
0.5 LZM
Sh11.99
1 LZM
Sh23.97
5 LZM
Sh119.87
10 LZM
Sh239.75
50 LZM
Sh1,198.74
100 LZM
Sh2,397.47
500 LZM
Sh11,987.37
1000 LZM
Sh23,974.75
UGX to LZM
Amount07:09 am today
0.5UGX0.02086 LZM
1UGX0.04171 LZM
5UGX0.2086 LZM
10UGX0.4171 LZM
50UGX2.09 LZM
100UGX4.17 LZM
500UGX20.86 LZM
1000UGX41.71 LZM
Today vs. 24 hours ago
| Amount | 07:09 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LZM | $0.003297 | $0.003278 | +0.58% |
| 1 LZM | $0.006593 | $0.006555 | +0.58% |
| 5 LZM | $0.03297 | $0.03278 | +0.58% |
| 10 LZM | $0.06593 | $0.06555 | +0.58% |
| 50 LZM | $0.3297 | $0.3278 | +0.58% |
| 100 LZM | $0.6593 | $0.6555 | +0.58% |
| 500 LZM | $3.3 | $3.28 | +0.58% |
| 1000 LZM | $6.59 | $6.56 | +0.58% |
Today vs. 1 month ago
| Amount | 07:09 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LZM | $0.003297 | $0.003251 | +1.40% |
| 1 LZM | $0.006593 | $0.006502 | +1.40% |
| 5 LZM | $0.03297 | $0.03251 | +1.40% |
| 10 LZM | $0.06593 | $0.06502 | +1.40% |
| 50 LZM | $0.3297 | $0.3251 | +1.40% |
| 100 LZM | $0.6593 | $0.6502 | +1.40% |
| 500 LZM | $3.3 | $3.25 | +1.40% |
| 1000 LZM | $6.59 | $6.5 | +1.40% |
Today vs. 1 year ago
| Amount | 07:09 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LZM | $0.003297 | $0.01641 | -79.91% |
| 1 LZM | $0.006593 | $0.03282 | -79.91% |
| 5 LZM | $0.03297 | $0.1641 | -79.91% |
| 10 LZM | $0.06593 | $0.3282 | -79.91% |
| 50 LZM | $0.3297 | $1.64 | -79.91% |
| 100 LZM | $0.6593 | $3.28 | -79.91% |
| 500 LZM | $3.3 | $16.41 | -79.91% |
| 1000 LZM | $6.59 | $32.82 | -79.91% |
LoungeM price prediction
What will the price of LZM be in 2025?
Based on LZM's historical price performance prediction model, the price of LZM is projected to reach $0.01722 in 2025.
What will the price of LZM be in 2030?
In 2030, the LZM price is expected to change by +10.00%. By the end of 2030, the LZM price is projected to reach $0.03229, with a cumulative ROI of +322.86%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular LoungeM conversions
Check out these popular currency conversions of LoungeM to several fiat currencies.
LoungeM to USD
1 LZM to $ 0.006593 USD
LoungeM to GBP
1 LZM to £ 0.005192 GBP
LoungeM to EUR
1 LZM to € 0.006281 EUR
LoungeM to KRW
1 LZM to ₩ 9.47 KRW
LoungeM to CAD
1 LZM to $ 0.009447 CAD
LoungeM to AUD
1 LZM to $ 0.01044 AUD
LoungeM to JPY
1 LZM to ¥ 1.01 JPY
LoungeM to BRL
1 LZM to R$ 0.04025 BRL
LoungeM to CNY
1 LZM to ¥ 0.04802 CNY
LoungeM to TWD
1 LZM to NT$ 0.2144 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in LoungeM.
XRP to UGX
1 XRP to Sh 9,136.92 UGX
Litecoin to UGX
1 LTC to Sh 430,480.57 UGX
Solana to UGX
1 SOL to Sh 783,001.33 UGX
Stellar to UGX
1 XLM to Sh 1,532.08 UGX
Hedera to UGX
1 HBAR to Sh 1,069.14 UGX
NEAR Protocol to UGX
1 NEAR to Sh 22,592.92 UGX
BNB to UGX
1 BNB to Sh 2,577,739.05 UGX
Algorand to UGX
1 ALGO to Sh 1,438.4 UGX
Bonk to UGX
1 BONK to Sh 0.1228 UGX
Bitcoin Gold to UGX
1 BTG to Sh 69,910.38 UGX
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between LoungeM and UGX.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as LoungeM and UGX. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of LoungeM in UGX, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
