MODEX
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 Modex(MODEX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MODEX at a value of 1 MODEX for 184.02 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 Modex currency pair is the MODEX to UGX, with for Modex's currency code being MODEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MODEX to UGX conversion rate trend
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In the past 1D, Modex has changed -10.07% to UGX. Based on the trend and price charts, Modex(MODEX) has changed -10.07% to UGX while Ugandan Shilling(UGX) has changed % to MODEX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh184.02 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/28 08:37:32(UTC+0)
How to buy Modex
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Modex (MODEX)
Use a variety of payment options to buy Modex on Bitget. We'll show you how.
Buy MODEX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MODEX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MODEX 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 MODEX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MODEX to UGX. However, you can first exchange MODEX 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 Modex to Ugandan Shilling?
Modex to Ugandan Shilling is falling this week.Modex's current market price is Sh 184.02 per MODEX, with a total market cap of Sh 0 UGX based on a circulating supply of -- MODEX. The trading volume of Modex has changed by -100.00% (Sh -- UGX) in the last 24 hours. Last trading day, MODEX's trading volume was Sh --.
Market cap
$0
24h volume
$0
Circulating supply
0 MODEX
Conversion tables
The exchange rate of Modex is increasing.1 MODEX is currently valued at Sh 184.02 UGX , which means buying 5 MODEX will cost Sh 920.08 UGX . Similarly, Sh1 UGX can be traded for 0.005434 MODEX, and Sh50 UGX can be converted to 0.2717 MODEX, excluding any platform or gas fees.
The exchange rate of 1 MODEX to Ugandan Shilling has changed by -0.94% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.07%, reaching a high of 254.57 UGX and a low of 151.19 UGX . One month ago, the value of 1 MODEX was Sh 153.22 UGX , which represents a +20.10% change from its current value. Over the last year, Modex has changed by , resulting in a change of -60.46% in its value.
-Sh
281.32UGXMODEX to UGX
Amount
13:53 today
0.5 MODEX
Sh92.01
1 MODEX
Sh184.02
5 MODEX
Sh920.08
10 MODEX
Sh1,840.16
50 MODEX
Sh9,200.78
100 MODEX
Sh18,401.56
500 MODEX
Sh92,007.82
1000 MODEX
Sh184,015.63
UGX to MODEX
Amount13:53 today
0.5UGX0.002717 MODEX
1UGX0.005434 MODEX
5UGX0.02717 MODEX
10UGX0.05434 MODEX
50UGX0.2717 MODEX
100UGX0.5434 MODEX
500UGX2.72 MODEX
1000UGX5.43 MODEX
Today vs. 24 hours ago
| Amount | 13:53 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MODEX | $0.02494 | $0.02773 | -10.07% |
| 1 MODEX | $0.04988 | $0.05546 | -10.07% |
| 5 MODEX | $0.2494 | $0.2773 | -10.07% |
| 10 MODEX | $0.4988 | $0.5546 | -10.07% |
| 50 MODEX | $2.49 | $2.77 | -10.07% |
| 100 MODEX | $4.99 | $5.55 | -10.07% |
| 500 MODEX | $24.94 | $27.73 | -10.07% |
| 1000 MODEX | $49.88 | $55.46 | -10.07% |
Today vs. 1 month ago
| Amount | 13:53 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MODEX | $0.02494 | $0.02076 | +20.10% |
| 1 MODEX | $0.04988 | $0.04153 | +20.10% |
| 5 MODEX | $0.2494 | $0.2076 | +20.10% |
| 10 MODEX | $0.4988 | $0.4153 | +20.10% |
| 50 MODEX | $2.49 | $2.08 | +20.10% |
| 100 MODEX | $4.99 | $4.15 | +20.10% |
| 500 MODEX | $24.94 | $20.76 | +20.10% |
| 1000 MODEX | $49.88 | $41.53 | +20.10% |
Today vs. 1 year ago
| Amount | 13:53 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MODEX | $0.02494 | $0.06306 | -60.46% |
| 1 MODEX | $0.04988 | $0.1261 | -60.46% |
| 5 MODEX | $0.2494 | $0.6306 | -60.46% |
| 10 MODEX | $0.4988 | $1.26 | -60.46% |
| 50 MODEX | $2.49 | $6.31 | -60.46% |
| 100 MODEX | $4.99 | $12.61 | -60.46% |
| 500 MODEX | $24.94 | $63.06 | -60.46% |
| 1000 MODEX | $49.88 | $126.12 | -60.46% |
Modex price prediction
What will the price of MODEX be in 2025?
Based on MODEX's historical price performance prediction model, the price of MODEX is projected to reach $0.08796 in 2025.
What will the price of MODEX be in 2030?
In 2030, the MODEX price is expected to change by -17.00%. By the end of 2030, the MODEX price is projected to reach $0.1377, with a cumulative ROI of +176.04%.
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Popular Modex conversions
Check out these popular currency conversions of Modex to several fiat currencies.
Modex to USD
1 MODEX to $ 0.04988 USD
Modex to GBP
1 MODEX to £ 0.03938 GBP
Modex to EUR
1 MODEX to € 0.04731 EUR
Modex to KRW
1 MODEX to ₩ 69.66 KRW
Modex to CAD
1 MODEX to $ 0.06988 CAD
Modex to AUD
1 MODEX to $ 0.07677 AUD
Modex to JPY
1 MODEX to ¥ 7.56 JPY
Modex to BRL
1 MODEX to R$ 0.2977 BRL
Modex to CNY
1 MODEX to ¥ 0.3618 CNY
Modex to TWD
1 MODEX to NT$ 1.62 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Modex.
THENA to UGX
1 THE to Sh 12,558.28 UGX
SolarX to UGX
1 SXCH to Sh 94.77 UGX
MAD to UGX
1 MAD to Sh 0.1419 UGX
Bitcoin to UGX
1 BTC to Sh 352,478,334.34 UGX
Solana to UGX
1 SOL to Sh 870,725.12 UGX
Just a chill guy to UGX
1 CHILLGUY to Sh 1,924.71 UGX
Ethereum to UGX
1 ETH to Sh 13,265,408.4 UGX
Cardano to UGX
1 ADA to Sh 3,705.47 UGX
Pepe to UGX
1 PEPE to Sh 0.07192 UGX
XRP to UGX
1 XRP to Sh 5,382.69 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 Modex 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 Modex 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 Modex 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.
