WNXM
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 Wrapped NXM(WNXM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 WNXM at a value of 1 WNXM for 272,494.12 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 Wrapped NXM currency pair is the WNXM to UGX, with for Wrapped NXM's currency code being WNXM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
WNXM to UGX conversion rate trend
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In the past 1D, Wrapped NXM has changed +0.76% to UGX. Based on the trend and price charts, Wrapped NXM(WNXM) has changed +0.76% to UGX while Ugandan Shilling(UGX) has changed % to WNXM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh296,307.98 | 0.0200% / 0.0320%  VIP 7 | |
Binance | Sh267,736.95 | 0.1000% / 0.1000% | Yes |
Huobi | Sh277,256.48 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh271,537.75 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/26 00:00:23(UTC+0)
How to buy Wrapped NXM
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Buy Wrapped NXM (WNXM)
Use a variety of payment options to buy Wrapped NXM on Bitget. We'll show you how.
Buy WNXM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of WNXM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy WNXM with USDT via Bitget spot market.
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Sell WNXM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of WNXM to UGX. However, you can first exchange WNXM 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 Wrapped NXM to Ugandan Shilling?
Wrapped NXM to Ugandan Shilling is rising this week.Wrapped NXM's current market price is Sh 272,494.12 per WNXM, with a total market cap of Sh 301,774,128,525.46 UGX based on a circulating supply of 1,107,451.9 WNXM. The trading volume of Wrapped NXM has changed by -7.06% (Sh -213,611,374.66 UGX) in the last 24 hours. Last trading day, WNXM's trading volume was Sh 3,025,099,835.19.
Market cap
$82.57M
24h volume
$769.30K
Circulating supply
1.11M WNXM
Conversion tables
The exchange rate of Wrapped NXM is decreasing.1 WNXM is currently valued at Sh 272,494.12 UGX , which means buying 5 WNXM will cost Sh 1,362,470.61 UGX . Similarly, Sh1 UGX can be traded for 0.{5}3670 WNXM, and Sh50 UGX can be converted to 0.0001835 WNXM, excluding any platform or gas fees.
The exchange rate of 1 WNXM to Ugandan Shilling has changed by +4.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.76%, reaching a high of 291,548.43 UGX and a low of 258,649.06 UGX . One month ago, the value of 1 WNXM was Sh 287,236.15 UGX , which represents a -5.07% change from its current value. Over the last year, Wrapped NXM has changed by , resulting in a change of +164.86% in its value.
+Sh
25,623.79UGXWNXM to UGX
Amount
04:42 am today
0.5 WNXM
Sh136,247.06
1 WNXM
Sh272,494.12
5 WNXM
Sh1,362,470.61
10 WNXM
Sh2,724,941.22
50 WNXM
Sh13,624,706.08
100 WNXM
Sh27,249,412.16
500 WNXM
Sh136,247,060.79
1000 WNXM
Sh272,494,121.58
UGX to WNXM
Amount04:42 am today
0.5UGX0.{5}1835 WNXM
1UGX0.{5}3670 WNXM
5UGX0.{4}1835 WNXM
10UGX0.{4}3670 WNXM
50UGX0.0001835 WNXM
100UGX0.0003670 WNXM
500UGX0.001835 WNXM
1000UGX0.003670 WNXM
Today vs. 24 hours ago
| Amount | 04:42 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 WNXM | $37.28 | $37 | +0.76% |
| 1 WNXM | $74.56 | $73.99 | +0.76% |
| 5 WNXM | $372.81 | $369.96 | +0.76% |
| 10 WNXM | $745.62 | $739.93 | +0.76% |
| 50 WNXM | $3,728.08 | $3,699.64 | +0.76% |
| 100 WNXM | $7,456.17 | $7,399.28 | +0.76% |
| 500 WNXM | $37,280.85 | $36,996.41 | +0.76% |
| 1000 WNXM | $74,561.69 | $73,992.82 | +0.76% |
Today vs. 1 month ago
| Amount | 04:42 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 WNXM | $37.28 | $39.3 | -5.07% |
| 1 WNXM | $74.56 | $78.6 | -5.07% |
| 5 WNXM | $372.81 | $392.98 | -5.07% |
| 10 WNXM | $745.62 | $785.96 | -5.07% |
| 50 WNXM | $3,728.08 | $3,929.78 | -5.07% |
| 100 WNXM | $7,456.17 | $7,859.55 | -5.07% |
| 500 WNXM | $37,280.85 | $39,297.75 | -5.07% |
| 1000 WNXM | $74,561.69 | $78,595.51 | -5.07% |
Today vs. 1 year ago
| Amount | 04:42 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 WNXM | $37.28 | $13.78 | +164.86% |
| 1 WNXM | $74.56 | $27.55 | +164.86% |
| 5 WNXM | $372.81 | $137.75 | +164.86% |
| 10 WNXM | $745.62 | $275.5 | +164.86% |
| 50 WNXM | $3,728.08 | $1,377.52 | +164.86% |
| 100 WNXM | $7,456.17 | $2,755.03 | +164.86% |
| 500 WNXM | $37,280.85 | $13,775.17 | +164.86% |
| 1000 WNXM | $74,561.69 | $27,550.33 | +164.86% |
Wrapped NXM price prediction
What will the price of WNXM be in 2025?
Based on WNXM's historical price performance prediction model, the price of WNXM is projected to reach $96.67 in 2025.
What will the price of WNXM be in 2030?
In 2030, the WNXM price is expected to change by +4.00%. By the end of 2030, the WNXM price is projected to reach $252.74, with a cumulative ROI of +350.44%.
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Popular Wrapped NXM conversions
Check out these popular currency conversions of Wrapped NXM to several fiat currencies.
Wrapped NXM to USD
1 WNXM to $ 74.56 USD
Wrapped NXM to GBP
1 WNXM to £ 59.45 GBP
Wrapped NXM to EUR
1 WNXM to € 71.7 EUR
Wrapped NXM to KRW
1 WNXM to ₩ 109,128.82 KRW
Wrapped NXM to CAD
1 WNXM to $ 107.06 CAD
Wrapped NXM to AUD
1 WNXM to $ 119.42 AUD
Wrapped NXM to JPY
1 WNXM to ¥ 11,737.95 JPY
Wrapped NXM to BRL
1 WNXM to R$ 502.1 BRL
Wrapped NXM to CNY
1 WNXM to ¥ 544.55 CNY
Wrapped NXM to TWD
1 WNXM to NT$ 2,441.89 TWD
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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 Wrapped NXM 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 Wrapped NXM 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 Wrapped NXM 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.
