MIN
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 Minswap(MIN) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MIN at a value of 1 MIN for 174.37 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 Minswap currency pair is the MIN to UGX, with for Minswap's currency code being MIN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MIN to UGX conversion rate trend
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In the past 1D, Minswap has changed -2.51% to UGX. Based on the trend and price charts, Minswap(MIN) has changed -2.51% to UGX while Ugandan Shilling(UGX) has changed % to MIN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh177.32 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:30:22(UTC+0)
How to buy Minswap
Create Your Free Bitget Account
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Buy Minswap (MIN)
Use a variety of payment options to buy Minswap on Bitget. We'll show you how.
Buy MIN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MIN with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MIN 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 MIN (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MIN to UGX. However, you can first exchange MIN 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 Minswap to Ugandan Shilling?
Minswap to Ugandan Shilling is rising this week.Minswap's current market price is Sh 174.37 per MIN, with a total market cap of Sh 188,728,100,059.56 UGX based on a circulating supply of 1,082,367,200 MIN. The trading volume of Minswap has changed by -25.61% (Sh -516,006,433.30 UGX) in the last 24 hours. Last trading day, MIN's trading volume was Sh 2,014,548,423.9.
Market cap
$51.09M
24h volume
$405.67K
Circulating supply
1.08B MIN
Conversion tables
The exchange rate of Minswap is increasing.1 MIN is currently valued at Sh 174.37 UGX , which means buying 5 MIN will cost Sh 871.83 UGX . Similarly, Sh1 UGX can be traded for 0.005735 MIN, and Sh50 UGX can be converted to 0.2868 MIN, excluding any platform or gas fees.
The exchange rate of 1 MIN to Ugandan Shilling has changed by +42.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.51%, reaching a high of 189.77 UGX and a low of 172.37 UGX . One month ago, the value of 1 MIN was Sh 51.6 UGX , which represents a +234.22% change from its current value. Over the last year, Minswap has changed by , resulting in a change of +110.45% in its value.
+Sh
91.94UGXMIN to UGX
Amount
10:58 am today
0.5 MIN
Sh87.18
1 MIN
Sh174.37
5 MIN
Sh871.83
10 MIN
Sh1,743.66
50 MIN
Sh8,718.3
100 MIN
Sh17,436.6
500 MIN
Sh87,183.02
1000 MIN
Sh174,366.05
UGX to MIN
Amount10:58 am today
0.5UGX0.002868 MIN
1UGX0.005735 MIN
5UGX0.02868 MIN
10UGX0.05735 MIN
50UGX0.2868 MIN
100UGX0.5735 MIN
500UGX2.87 MIN
1000UGX5.74 MIN
Today vs. 24 hours ago
| Amount | 10:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MIN | $0.02360 | $0.02421 | -2.51% |
| 1 MIN | $0.04720 | $0.04843 | -2.51% |
| 5 MIN | $0.2360 | $0.2421 | -2.51% |
| 10 MIN | $0.4720 | $0.4843 | -2.51% |
| 50 MIN | $2.36 | $2.42 | -2.51% |
| 100 MIN | $4.72 | $4.84 | -2.51% |
| 500 MIN | $23.6 | $24.21 | -2.51% |
| 1000 MIN | $47.2 | $48.43 | -2.51% |
Today vs. 1 month ago
| Amount | 10:58 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MIN | $0.02360 | $0.006985 | +234.22% |
| 1 MIN | $0.04720 | $0.01397 | +234.22% |
| 5 MIN | $0.2360 | $0.06985 | +234.22% |
| 10 MIN | $0.4720 | $0.1397 | +234.22% |
| 50 MIN | $2.36 | $0.6985 | +234.22% |
| 100 MIN | $4.72 | $1.4 | +234.22% |
| 500 MIN | $23.6 | $6.98 | +234.22% |
| 1000 MIN | $47.2 | $13.97 | +234.22% |
Today vs. 1 year ago
| Amount | 10:58 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MIN | $0.02360 | $0.01116 | +110.45% |
| 1 MIN | $0.04720 | $0.02231 | +110.45% |
| 5 MIN | $0.2360 | $0.1116 | +110.45% |
| 10 MIN | $0.4720 | $0.2231 | +110.45% |
| 50 MIN | $2.36 | $1.12 | +110.45% |
| 100 MIN | $4.72 | $2.23 | +110.45% |
| 500 MIN | $23.6 | $11.16 | +110.45% |
| 1000 MIN | $47.2 | $22.31 | +110.45% |
Minswap price prediction
What will the price of MIN be in 2025?
Based on MIN's historical price performance prediction model, the price of MIN is projected to reach $0.05972 in 2025.
What will the price of MIN be in 2030?
In 2030, the MIN price is expected to change by -11.00%. By the end of 2030, the MIN price is projected to reach $0.08112, with a cumulative ROI of +85.50%.
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Popular Minswap conversions
Check out these popular currency conversions of Minswap to several fiat currencies.
Minswap to USD
1 MIN to $ 0.04720 USD
Minswap to GBP
1 MIN to £ 0.03767 GBP
Minswap to EUR
1 MIN to € 0.04530 EUR
Minswap to KRW
1 MIN to ₩ 66.3 KRW
Minswap to CAD
1 MIN to $ 0.06623 CAD
Minswap to AUD
1 MIN to $ 0.07258 AUD
Minswap to JPY
1 MIN to ¥ 7.31 JPY
Minswap to BRL
1 MIN to R$ 0.2738 BRL
Minswap to CNY
1 MIN to ¥ 0.3423 CNY
Minswap to TWD
1 MIN to NT$ 1.54 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Minswap.
Bitcoin to UGX
1 BTC to Sh 361,001,545.02 UGX
MAD to UGX
1 MAD to Sh 0.09095 UGX
XRP to UGX
1 XRP to Sh 5,300.2 UGX
Stellar to UGX
1 XLM to Sh 2,128.77 UGX
Kusama to UGX
1 KSM to Sh 153,035.1 UGX
Dogecoin to UGX
1 DOGE to Sh 1,569.93 UGX
Hedera to UGX
1 HBAR to Sh 556.39 UGX
Cardano to UGX
1 ADA to Sh 3,833.81 UGX
Polkadot to UGX
1 DOT to Sh 32,142.23 UGX
Solana to UGX
1 SOL to Sh 931,219.69 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 Minswap 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 Minswap 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 Minswap 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.
