NMD
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 Nexusmind(NMD) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NMD at a value of 1 NMD for 4,719.12 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 Nexusmind currency pair is the NMD to UGX, with for Nexusmind's currency code being NMD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NMD to UGX conversion rate trend
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In the past 1D, Nexusmind has changed +2.53% to UGX. Based on the trend and price charts, Nexusmind(NMD) has changed +2.53% to UGX while Ugandan Shilling(UGX) has changed % to NMD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh4,719.12 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/07/01 19:15:17(UTC+0)
How to buy Nexusmind
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Buy Nexusmind (NMD)
Use a variety of payment options to buy Nexusmind on Bitget. We'll show you how.
Buy NMD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NMD with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NMD 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 NMD (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NMD to UGX. However, you can first exchange NMD for USDT in the Bitget spot market, and then sell USDT to UGX in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
R RAGNAR255  2 trades｜Completion rate 100.00% | 4000 UGX | Amount12223.12 USDT Limit110000 - 49852000 UGX |  | |
j jonioluks 0 trades｜Completion rate 0.00% | 3501.01 UGX | Amount10000 USDT Limit110000 - 200000 UGX |   | |
T The_P2P_Plug 0 trades｜Completion rate 0.00% | 3501 UGX | Amount45840 USDT Limit110000 - 55000000 UGX | | |
L LAGERTHA255 2 trades｜Completion rate 100.00% | 3500 UGX | Amount10000 USDT Limit110000 - 960000 UGX | | |
G GYYDA 2 trades｜Completion rate 100.00% | 3500 UGX | Amount10000 USDT Limit110000 - 35000000 UGX | |
What factors influence the conversion rate of Nexusmind to Ugandan Shilling?
Nexusmind to Ugandan Shilling is rising this week.Nexusmind's current market price is Sh 4,719.12 per NMD, with a total market cap of Sh 0 UGX based on a circulating supply of -- NMD. The trading volume of Nexusmind has changed by +0.78% (Sh 1,682,229.01 UGX) in the last 24 hours. Last trading day, NMD's trading volume was Sh 214,871,504.48.
Market cap
$0
24h volume
$58.29K
Circulating supply
0 NMD
Conversion tables
The exchange rate of Nexusmind is decreasing.1 NMD is currently valued at Sh 4,719.12 UGX , which means buying 5 NMD will cost Sh 23,595.6 UGX . Similarly, Sh1 UGX can be traded for 0.0002119 NMD, and Sh50 UGX can be converted to 0.01060 NMD, excluding any platform or gas fees.
The exchange rate of 1 NMD to Ugandan Shilling has changed by +5.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.53%, reaching a high of 4,739.13 UGX and a low of 4,589.36 UGX . One month ago, the value of 1 NMD was Sh 5,031.66 UGX , which represents a -6.22% change from its current value. Over the last year, Nexusmind has changed by , resulting in a change of --% in its value.
+Sh
1,001.18UGXNMD to UGX
Amount
19:15 today
0.5 NMD
Sh2,359.56
1 NMD
Sh4,719.12
5 NMD
Sh23,595.6
10 NMD
Sh47,191.19
50 NMD
Sh235,955.95
100 NMD
Sh471,911.9
500 NMD
Sh2,359,559.52
1000 NMD
Sh4,719,119.03
UGX to NMD
Amount19:15 today
0.5UGX0.0001060 NMD
1UGX0.0002119 NMD
5UGX0.001060 NMD
10UGX0.002119 NMD
50UGX0.01060 NMD
100UGX0.02119 NMD
500UGX0.1060 NMD
1000UGX0.2119 NMD
Today vs. 24 hours ago
| Amount | 19:15 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NMD | $0.6351 | $0.6195 | +2.53% |
| 1 NMD | $1.27 | $1.24 | +2.53% |
| 5 NMD | $6.35 | $6.19 | +2.53% |
| 10 NMD | $12.7 | $12.39 | +2.53% |
| 50 NMD | $63.51 | $61.95 | +2.53% |
| 100 NMD | $127.03 | $123.9 | +2.53% |
| 500 NMD | $635.14 | $619.49 | +2.53% |
| 1000 NMD | $1,270.29 | $1,238.99 | +2.53% |
Today vs. 1 month ago
| Amount | 19:15 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NMD | $0.6351 | $0.6772 | -6.22% |
| 1 NMD | $1.27 | $1.35 | -6.22% |
| 5 NMD | $6.35 | $6.77 | -6.22% |
| 10 NMD | $12.7 | $13.54 | -6.22% |
| 50 NMD | $63.51 | $67.72 | -6.22% |
| 100 NMD | $127.03 | $135.44 | -6.22% |
| 500 NMD | $635.14 | $677.21 | -6.22% |
| 1000 NMD | $1,270.29 | $1,354.42 | -6.22% |
Today vs. 1 year ago
| Amount | 19:15 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NMD | $0.6351 | $0.0003955 | -- |
| 1 NMD | $1.27 | $0.0007910 | -- |
| 5 NMD | $6.35 | $0.003955 | -- |
| 10 NMD | $12.7 | $0.007910 | -- |
| 50 NMD | $63.51 | $0.03955 | -- |
| 100 NMD | $127.03 | $0.07910 | -- |
| 500 NMD | $635.14 | $0.3955 | -- |
| 1000 NMD | $1,270.29 | $0.7910 | -- |
Nexusmind price prediction
What will the price of NMD be in 2025?
Based on NMD's historical price performance prediction model, the price of NMD is projected to reach $2.06 in 2025.
What will the price of NMD be in 2030?
In 2030, the NMD price is expected to rise by -9.00%. By the end of 2030, the NMD price is projected to reach $3.58, with a cumulative ROI of +181.82%.
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Popular Nexusmind conversions
Check out these popular currency conversions of Nexusmind to several fiat currencies.
Nexusmind to USD
1 NMD to $ 1.27 USD
Nexusmind to GBP
1 NMD to £ 1 GBP
Nexusmind to EUR
1 NMD to € 1.18 EUR
Nexusmind to KRW
1 NMD to ₩ 1,757.66 KRW
Nexusmind to CAD
1 NMD to $ 1.74 CAD
Nexusmind to AUD
1 NMD to $ 1.91 AUD
Nexusmind to JPY
1 NMD to ¥ 205.13 JPY
Nexusmind to BRL
1 NMD to R$ 7.1 BRL
Nexusmind to CNY
1 NMD to ¥ 9.25 CNY
Nexusmind to TWD
1 NMD to NT$ 41.37 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Nexusmind.
Biaoqing to UGX
1 BIAO to Sh 65.57 UGX
Mogutou to UGX
1 MOGU to Sh -- UGX
Dogecoin to UGX
1 DOGE to Sh 465.58 UGX
Bitcoin to UGX
1 BTC to Sh 235,748,981.5 UGX
AMC to UGX
1 AMC to Sh -- UGX
Notcoin to UGX
1 NOT to Sh 52.54 UGX
Kaspa to UGX
1 KAS to Sh 671.48 UGX
LayerZero to UGX
1 ZRO to Sh 14,200.26 UGX
Pepe to UGX
1 PEPE to Sh 0.04329 UGX
Solana to UGX
1 SOL to Sh 548,080.83 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 Nexusmind 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 Nexusmind 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 Nexusmind 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.
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