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base info Numeraire

Numeraire to Ugandan Shilling Converter and calculator

Convert 1Numeraire (NMR) to Ugandan Shilling (UGX) equals Sh 46,006.36 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Numeraire(NMR) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NMR at a value of 1 NMR for 46,006.36 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.

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

NMR to UGX conversion rate trend

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In the past 1D, Numeraire has changed +2.91% to UGX. Based on the trend and price charts, Numeraire(NMR) has changed +2.91% to UGX while Ugandan Shilling(UGX) has changed % to NMR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
Sh46,244.26
0.0200% / 0.0320%vip-iconVIP 7
Binance
Sh46,133.45
0.1000% / 0.1000%
Yes
OKX
Sh46,170.39
0.080% / 0.100%
Yes
Gate.io
Sh46,096.51
0.1000% / 0.1000%
Yes
KuCoin
Sh46,325.52
0.1000% / 0.1000%
Yes
Last updated 2024/07/06 04:00:17(UTC+0)

How to buy Numeraire

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Numeraire (NMR)
Use a variety of payment options to buy Numeraire on Bitget. We'll show you how.

Buy NMR (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading does not currently support direct buying of NMR with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NMR with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell NMR (or USDT) for UGX (Ugandan Shilling) offers

Bitget P2P trading currently does not support direct selling of NMR to UGX. However, you can first exchange NMR for USDT in the Bitget spot market, and then sell USDT to UGX in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
RAGNAR255Verified Merchant
2 tradesCompletion rate 100.00%
4000 UGX
Amount12223.12 USDT
Limit110000 - 49852000 UGX
Bank Transfer
Sell
j
jonioluksVerified Merchant
0 tradesCompletion rate 0.00%
3501.01 UGX
Amount10000 USDT
Limit110000 - 200000 UGX
MTN Mobile MoneyAirtel Money
Sell
T
The_P2P_PlugVerified Merchant
0 tradesCompletion rate 0.00%
3501 UGX
Amount45840 USDT
Limit110000 - 55000000 UGX
Airtel Money
Sell
L
LAGERTHA255Verified Merchant
2 tradesCompletion rate 100.00%
3500 UGX
Amount10000 USDT
Limit110000 - 960000 UGX
Bank Transfer
Sell
G
GYYDAVerified Merchant
2 tradesCompletion rate 100.00%
3500 UGX
Amount10000 USDT
Limit110000 - 35000000 UGX
Bank Transfer
Sell

What factors influence the conversion rate of Numeraire to Ugandan Shilling?

Numeraire to Ugandan Shilling is falling this week.
Numeraire's current market price is Sh 46,006.36 per NMR, with a total market cap of Sh 336,234,883,574.36 UGX based on a circulating supply of 7,308,443 NMR. The trading volume of Numeraire has changed by -7.15% (Sh -1,985,898,072.81 UGX) in the last 24 hours. Last trading day, NMR's trading volume was Sh 27,761,596,902.24.
Market cap
$91.03M
24h volume
$6.98M
Circulating supply
7.31M NMR

Conversion tables

The exchange rate of Numeraire is decreasing.
1 NMR is currently valued at Sh 46,006.36 UGX , which means buying 5 NMR will cost Sh 230,031.82 UGX . Similarly, Sh1 UGX can be traded for 0.{4}2174 NMR, and Sh50 UGX can be converted to 0.001087 NMR, excluding any platform or gas fees.
The exchange rate of 1 NMR to Ugandan Shilling has changed by -30.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.91%, reaching a high of 47,854.92 UGX and a low of 43,063.89 UGX . One month ago, the value of 1 NMR was Sh 104,771.38 UGX , which represents a -56.08% change from its current value. Over the last year, Numeraire has changed by
-Sh
2,929.98UGX
, resulting in a change of -5.99% in its value.

NMR to UGX

Amount
04:44 am today
0.5 NMR
Sh23,003.18
1 NMR
Sh46,006.36
5 NMR
Sh230,031.82
10 NMR
Sh460,063.63
50 NMR
Sh2,300,318.16
100 NMR
Sh4,600,636.32
500 NMR
Sh23,003,181.59
1000 NMR
Sh46,006,363.18

UGX to NMR

Amount04:44 am today
0.5UGX0.{4}1087  NMR
1UGX0.{4}2174  NMR
5UGX0.0001087  NMR
10UGX0.0002174  NMR
50UGX0.001087  NMR
100UGX0.002174  NMR
500UGX0.01087  NMR
1000UGX0.02174  NMR
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Today vs. 24 hours ago

Amount04:44 am today24 hours ago24h change
0.5 NMR$6.23$6.05
+2.91%
1 NMR$12.46$12.1
+2.91%
5 NMR$62.28$60.51
+2.91%
10 NMR$124.56$121.03
+2.91%
50 NMR$622.78$605.14
+2.91%
100 NMR$1,245.56$1,210.28
+2.91%
500 NMR$6,227.8$6,051.42
+2.91%
1000 NMR$12,455.59$12,102.85
+2.91%

Today vs. 1 month ago

Amount04:44 am today1 month ago1M change
0.5 NMR$6.23$14.18
-56.08%
1 NMR$12.46$28.37
-56.08%
5 NMR$62.28$141.83
-56.08%
10 NMR$124.56$283.65
-56.08%
50 NMR$622.78$1,418.27
-56.08%
100 NMR$1,245.56$2,836.54
-56.08%
500 NMR$6,227.8$14,182.71
-56.08%
1000 NMR$12,455.59$28,365.42
-56.08%
Buy Numeraire for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount04:44 am today1 year ago1Y change
0.5 NMR$6.23$6.62
-5.99%
1 NMR$12.46$13.25
-5.99%
5 NMR$62.28$66.24
-5.99%
10 NMR$124.56$132.49
-5.99%
50 NMR$622.78$662.44
-5.99%
100 NMR$1,245.56$1,324.88
-5.99%
500 NMR$6,227.8$6,624.42
-5.99%
1000 NMR$12,455.59$13,248.84
-5.99%

Numeraire price prediction

What will the price of NMR be in 2025?

Based on NMR's historical price performance prediction model, the price of NMR is projected to reach $17.25 in 2025.

What will the price of NMR be in 2030?

In 2030, the NMR price is expected to change by -2.00%. By the end of 2030, the NMR price is projected to reach $22.41, with a cumulative ROI of +79.89%.
Buy Numeraire for 1 UGX
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Numeraire for 1 UGX
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Buy Numeraire for 1 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 Numeraire 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 Numeraire 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 Numeraire 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.

Buy Numeraire for 1 UGX

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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.