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GMNT to UGX Converter and calculator

GMNT/UGX: 1 GMNT = 0.05897 UGX. The price of converting 1 Gmining (GMNT) to Ugandan shilling (UGX) is 0.05897 UGX today.
GMNT
GMNT
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMNT to UGX real-time exchange rates, making it easy to convert Gmining (GMNT) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 GMNT is currently valued at 0.05897 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMNT is currently valued at 0.05897 UGX, which means buying 5 GMNT would cost 0.2949 UGX. Similarly, Sh1 UGX can be converted to 16.96 GMNT, and Sh50 UGX can be converted to 84.78 GMNT, excluding any platform or gas fees.

Convert GMNT to UGX

Convert UGX to GMNT

Gmining
Ugandan shilling
5000 GMNT
294.86  UGX
10000 GMNT
589.73  UGX
In the table above, you'll find a comprehensive GMNT to UGX converter that shows the value of Gmining in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 GMNT to UGX, all the way up to 10000 GMNT, providing a clear view of their respective values.
Ugandan shilling
Gmining
1000 UGX
16,956.94 GMNT
2000 UGX
33,913.87 GMNT
5000 UGX
84,784.68 GMNT
10000 UGX
169,569.36 GMNT
50000 UGX
847,846.81 GMNT
100000 UGX
1,695,693.62 GMNT
In the table above, you'll find a comprehensive UGX to GMNT converter that shows the value of Ugandan shilling in Gmining across commonly used conversion amounts. The list covers conversions from 1 UGX to GMNT, all the way up to 100000 UGX, providing a clear view of their respective values.

GMNT to UGX chart

GMNT/UGX: 1 GMNT = 0.05897 UGX; 2025/06/20 08:59:22
In the past 1D, Gmining has changed -3.56% to UGX. Based on the trend and price charts, Gmining(GMNT) has changed -3.56% to UGX while Ugandan shilling(UGX) has changed % to GMNT in the last 24 hours.
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GMNT to UGX conversion data: Volatility and price changes of Gmining in UGX

The highest Gmining price in UGX over the past 7 days was 0.09179 UGX while the lowest Gmining price in UGX over the past 7 days was 0.06547 UGX. The relative change between the highs and lows in Gmining price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and GMNT to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.07803 UGX
0.09179 UGX
0.1622 UGX
0.3554 UGX
Low
0.07203 UGX
0.06547 UGX
0.06271 UGX
0.06271 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-3.56%
-1.54%
-24.12%
-70.33%

Gmining information

GMNT to UGX market statistics

GMNT/UGX:
Sh0.05897
GMNT 24h volume:
Sh127,790.34
GMNT market cap:
--
GMNT circulating supply:
0 GMNT

Current GMNT to UGX exchange rate

Gmining to Ugandan shilling is falling this week.
Gmining's current market price is Sh0.05897 per GMNT, with a total market cap of Sh0 UGX based on a circulating supply of -- GMNT. The trading volume of Gmining has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, GMNT's trading volume was Sh127,790.34.

More info about Gmining on Bitget

Ugandan shilling 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 Gmining currency pair is the GMNT to UGX, with for Gmining's currency code being GMNT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert GMNT to UGX

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GMNT to UGX Conversion tables

The exchange rate of Gmining is decreasing.
The exchange rate of 1 GMNT to Ugandan shilling has changed by -1.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.56%, reaching a high of 0.07803 UGX and a low of 0.07203 UGX . One month ago, the value of 1 GMNT was Sh0.08290 UGX , which represents a -24.12% change from its current value. Over the last year, Gmining has changed by
-Sh
2.53UGX
, resulting in a change of -97.11% in its value.
24 hours ago1 month ago1 year ago
Amount 08:59 am today 24 hours ago 24h change
0.5 GMNT
Sh0.02949Sh0.03088
-3.56%
1 GMNT
Sh0.05897Sh0.06175
-3.56%
5 GMNT
Sh0.2949Sh0.3088
-3.56%
10 GMNT
Sh0.5897Sh0.6175
-3.56%
50 GMNT
Sh2.95Sh3.09
-3.56%
100 GMNT
Sh5.9Sh6.18
-3.56%
500 GMNT
Sh29.49Sh30.88
-3.56%
1000 GMNT
Sh58.97Sh61.75
-3.56%

GMNT to UGX FAQ

How much is 1 Gmining in UGX?
Right now, the price of 1 Gmining (GMNT) in Ugandan shilling (UGX) is Sh0.05897.
How much GMNT can I buy for 1 UGX?
Based on the current exchange rate, you can get 16.96 GMNT for 1 UGX.
How do I calculate or convert GMNT to UGX?
You can use our GMNT to UGX calculator at the top of this page to convert any amount of GMNT to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 84.78 GMNT, while 5 GMNT will cost around 0.2949UGX.
What is the highest price of GMNT/UGX in history?
The all-time high price of 1 GMNT in UGX is Sh110.11. It remains to be seen if the value of 1 GMNT/UGX will exceed the current all-time high.
What is the price trend of Gmining in UGX?
Over the past 7 days, the exchange rate of Gmining (GMNT) has gone down by 1.54%.   Over the last month, the exchange rate of Gmining (GMNT) has gone down by 24.12% against Ugandan shilling (UGX).

What factors influence the conversion rate of GMNT to UGX?

There are many factors that affect the relationship between Gmining and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of GMNT/UGX. When there is positive news in the market about the widespread adoption of GMNT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMNT/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMNT/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of GMNT/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Gmining and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Gmining currency pairs: GMNT to US Dollar (USD), GMNT to Euro (EUR), GMNT to Pound Sterling (GBP), GMNT to Canadian Dollar (CAD), GMNT to Indian Rupee (INR), GMNT to Pakistani Rupee (PKR), GMNT to Brazilian Real (BRL), GMNT to…
The price of Gmining in the US is $0.{4}1637 USD. Additionally, Gmining’s price is €0.{4}1420 EUR in the eurozone, £0.{4}1214 GBP in the UK, C$0.{4}2242 CAD in Canada, ₹0.001418 INR in India, ₨0.004641 PKR in Pakistan, R$0.{4}8994 BRL in Brazil, and more.
The most popular Gmining currency pair is the GMNT to Ugandan shilling(UGX). The price of 1 Gmining (GMNT) in Ugandan shilling (UGX) is Sh0.05897.

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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.