MRX
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 Metrix Coin(MRX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MRX at a value of 1 MRX for 0.04 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 Metrix Coin currency pair is the MRX to UGX, with for Metrix Coin's currency code being MRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MRX to UGX conversion rate trend
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In the past 1D, Metrix Coin has changed +24.60% to UGX. Based on the trend and price charts, Metrix Coin(MRX) has changed +24.60% to UGX while Ugandan Shilling(UGX) has changed % to MRX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.04559 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:31:31(UTC+0)
How to buy Metrix Coin
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Metrix Coin (MRX)
Use a variety of payment options to buy Metrix Coin on Bitget. We'll show you how.
Buy MRX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MRX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MRX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell MRX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MRX to UGX. However, you can first exchange MRX 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 |
|---|
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What factors influence the conversion rate of Metrix Coin to Ugandan Shilling?
Metrix Coin to Ugandan Shilling is rising this week.Metrix Coin's current market price is Sh 0.04286 per MRX, with a total market cap of Sh 710,077,821.33 UGX based on a circulating supply of 16,565,668,000 MRX. The trading volume of Metrix Coin has changed by +304.77% (Sh 649.31 UGX) in the last 24 hours. Last trading day, MRX's trading volume was Sh 213.05.
Market cap
$194.35K
24h volume
$0.23602681
Circulating supply
16.57B MRX
Conversion tables
The exchange rate of Metrix Coin is increasing.1 MRX is currently valued at Sh 0.04286 UGX , which means buying 5 MRX will cost Sh 0.2143 UGX . Similarly, Sh1 UGX can be traded for 23.33 MRX, and Sh50 UGX can be converted to 1,166.47 MRX, excluding any platform or gas fees.
The exchange rate of 1 MRX to Ugandan Shilling has changed by +4.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +24.60%, reaching a high of 0.07160 UGX and a low of 0.03783 UGX . One month ago, the value of 1 MRX was Sh 0.03781 UGX , which represents a +11.84% change from its current value. Over the last year, Metrix Coin has changed by , resulting in a change of -75.96% in its value.
-Sh
0.1508UGXMRX to UGX
Amount
14:47 today
0.5 MRX
Sh0.02143
1 MRX
Sh0.04286
5 MRX
Sh0.2143
10 MRX
Sh0.4286
50 MRX
Sh2.14
100 MRX
Sh4.29
500 MRX
Sh21.43
1000 MRX
Sh42.86
UGX to MRX
Amount14:47 today
0.5UGX11.66 MRX
1UGX23.33 MRX
5UGX116.65 MRX
10UGX233.29 MRX
50UGX1,166.47 MRX
100UGX2,332.94 MRX
500UGX11,664.69 MRX
1000UGX23,329.37 MRX
Today vs. 24 hours ago
| Amount | 14:47 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MRX | $0.{5}5866 | $0.{5}4576 | +24.60% |
| 1 MRX | $0.{4}1173 | $0.{5}9153 | +24.60% |
| 5 MRX | $0.{4}5866 | $0.{4}4576 | +24.60% |
| 10 MRX | $0.0001173 | $0.{4}9153 | +24.60% |
| 50 MRX | $0.0005866 | $0.0004576 | +24.60% |
| 100 MRX | $0.001173 | $0.0009153 | +24.60% |
| 500 MRX | $0.005866 | $0.004576 | +24.60% |
| 1000 MRX | $0.01173 | $0.009153 | +24.60% |
Today vs. 1 month ago
| Amount | 14:47 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MRX | $0.{5}5866 | $0.{5}5175 | +11.84% |
| 1 MRX | $0.{4}1173 | $0.{4}1035 | +11.84% |
| 5 MRX | $0.{4}5866 | $0.{4}5175 | +11.84% |
| 10 MRX | $0.0001173 | $0.0001035 | +11.84% |
| 50 MRX | $0.0005866 | $0.0005175 | +11.84% |
| 100 MRX | $0.001173 | $0.001035 | +11.84% |
| 500 MRX | $0.005866 | $0.005175 | +11.84% |
| 1000 MRX | $0.01173 | $0.01035 | +11.84% |
Today vs. 1 year ago
| Amount | 14:47 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MRX | $0.{5}5866 | $0.{4}2651 | -75.96% |
| 1 MRX | $0.{4}1173 | $0.{4}5302 | -75.96% |
| 5 MRX | $0.{4}5866 | $0.0002651 | -75.96% |
| 10 MRX | $0.0001173 | $0.0005302 | -75.96% |
| 50 MRX | $0.0005866 | $0.002651 | -75.96% |
| 100 MRX | $0.001173 | $0.005302 | -75.96% |
| 500 MRX | $0.005866 | $0.02651 | -75.96% |
| 1000 MRX | $0.01173 | $0.05302 | -75.96% |
Metrix Coin price prediction
What will the price of MRX be in 2025?
Based on MRX's historical price performance prediction model, the price of MRX is projected to reach $0.{4}2605 in 2025.
What will the price of MRX be in 2030?
In 2030, the MRX price is expected to change by +9.00%. By the end of 2030, the MRX price is projected to reach $0.{4}3665, with a cumulative ROI of +242.53%.
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Popular Metrix Coin conversions
Check out these popular currency conversions of Metrix Coin to several fiat currencies.
Metrix Coin to USD
1 MRX to $ 0.{4}1173 USD
Metrix Coin to GBP
1 MRX to £ 0.{5}9335 GBP
Metrix Coin to EUR
1 MRX to € 0.{4}1125 EUR
Metrix Coin to KRW
1 MRX to ₩ 0.01697 KRW
Metrix Coin to CAD
1 MRX to $ 0.{4}1684 CAD
Metrix Coin to AUD
1 MRX to $ 0.{4}1877 AUD
Metrix Coin to JPY
1 MRX to ¥ 0.001835 JPY
Metrix Coin to BRL
1 MRX to R$ 0.{4}7140 BRL
Metrix Coin to CNY
1 MRX to ¥ 0.{4}8561 CNY
Metrix Coin to TWD
1 MRX to NT$ 0.0003828 TWD
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1 SHOGGOTH to Sh 156.71 UGX
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1 HEX to Sh 58.23 UGX
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Hunt Town to UGX
1 HUNT to Sh 1,368.62 UGX
Chintai to UGX
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1 XPR to Sh 5.24 UGX
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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 Metrix Coin 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 Metrix Coin 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 Metrix Coin 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.
