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UMB to UGX Converter and calculator

UMB/UGX: 1 UMB = 10.85 UGX. The price of converting 1 Umbrella Network (UMB) to Ugandan shilling (UGX) is 10.85 UGX today.
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UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides UMB to UGX real-time exchange rates, making it easy to convert Umbrella Network (UMB) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 UMB is currently valued at 10.85 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 UMB is currently valued at 10.85 UGX, which means buying 5 UMB would cost 54.26 UGX. Similarly, Sh1 UGX can be converted to 0.09214 UMB, and Sh50 UGX can be converted to 0.4607 UMB, excluding any platform or gas fees.

Convert UMB to UGX

Convert UGX to UMB

Umbrella Network
Ugandan shilling
100 UMB
1,085.25  UGX
200 UMB
2,170.49  UGX
500 UMB
5,426.23  UGX
1000 UMB
10,852.46  UGX
5000 UMB
54,262.31  UGX
10000 UMB
108,524.62  UGX
In the table above, you'll find a comprehensive UMB to UGX converter that shows the value of Umbrella Network in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 UMB to UGX, all the way up to 10000 UMB, providing a clear view of their respective values.
Ugandan shilling
Umbrella Network
In the table above, you'll find a comprehensive UGX to UMB converter that shows the value of Ugandan shilling in Umbrella Network across commonly used conversion amounts. The list covers conversions from 1 UGX to UMB, all the way up to 100000 UGX, providing a clear view of their respective values.

UMB to UGX chart

UMB/UGX: 1 UMB = 10.85 UGX; 2025/05/22 18:36:48
In the past 1D, Umbrella Network has changed +6.32% to UGX. Based on the trend and price charts, Umbrella Network(UMB) has changed +6.32% to UGX while Ugandan shilling(UGX) has changed % to UMB in the last 24 hours.
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UMB to UGX conversion data: Volatility and price changes of Umbrella Network in UGX

The highest Umbrella Network price in UGX over the past 7 days was 12.5 UGX while the lowest Umbrella Network price in UGX over the past 7 days was 10.2 UGX. The relative change between the highs and lows in Umbrella Network price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and UMB to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
10.98 UGX
12.5 UGX
12.92 UGX
19.86 UGX
Low
10.26 UGX
10.2 UGX
8.21 UGX
6.9 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+6.32%
-9.23%
+14.36%
-41.97%

Umbrella Network information

UMB to UGX market statistics

UMB/UGX:
Sh10.85
UMB 24h volume:
Sh312,412,778.21
UMB market cap:
Sh3,179,365,859.8
UMB circulating supply:
292.96M UMB

Current UMB to UGX exchange rate

Umbrella Network to Ugandan shilling is falling this week.
Umbrella Network's current market price is Sh10.85 per UMB, with a total market cap of Sh3,179,365,859.8 UGX based on a circulating supply of 292,962,620 UMB. The trading volume of Umbrella Network has changed by -5.31% (Sh-17,520,792.33 UGX) in the last 24 hours. Last trading day, UMB's trading volume was Sh329,933,570.54.

More info about Umbrella Network 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 Umbrella Network currency pair is the UMB to UGX, with for Umbrella Network's currency code being UMB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert UMB to UGX

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UMB to UGX Conversion tables

The exchange rate of Umbrella Network is increasing.
The exchange rate of 1 UMB to Ugandan shilling has changed by -9.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.32%, reaching a high of 10.98 UGX and a low of 10.26 UGX . One month ago, the value of 1 UMB was Sh9.49 UGX , which represents a +14.36% change from its current value. Over the last year, Umbrella Network has changed by
-Sh
61.25UGX
, resulting in a change of -84.91% in its value.
24 hours ago1 month ago1 year ago
Amount18:36 today24 hours ago24h change
0.5 UMB
Sh5.43Sh5.1
+6.32%
1 UMB
Sh10.85Sh10.21
+6.32%
5 UMB
Sh54.26Sh51.03
+6.32%
10 UMB
Sh108.52Sh102.06
+6.32%
50 UMB
Sh542.62Sh510.29
+6.32%
100 UMB
Sh1,085.25Sh1,020.58
+6.32%
500 UMB
Sh5,426.23Sh5,102.92
+6.32%
1000 UMB
Sh10,852.46Sh10,205.83
+6.32%

UMB to UGX FAQ

How much is 1 Umbrella Network in UGX?
Right now, the price of 1 Umbrella Network (UMB) in Ugandan shilling (UGX) is Sh10.85.
How much UMB can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.09214 UMB for 1 UGX.
How do I calculate or convert UMB to UGX?
You can use our UMB to UGX calculator at the top of this page to convert any amount of UMB to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.4607 UMB, while 5 UMB will cost around 54.26UGX.
What is the highest price of UMB/UGX in history?
The all-time high price of 1 UMB in UGX is Sh9,403.74. It remains to be seen if the value of 1 UMB/UGX will exceed the current all-time high.
What is the price trend of Umbrella Network in UGX?
Over the past 7 days, the exchange rate of Umbrella Network (UMB) has gone down by 9.23%.   Over the last month, the exchange rate of Umbrella Network (UMB) has gone up by 14.36% against Ugandan shilling (UGX).

What factors influence the conversion rate of UMB to UGX?

There are many factors that affect the relationship between Umbrella Network 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 UMB/UGX. When there is positive news in the market about the widespread adoption of UMB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of UMB/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in UMB/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 UMB/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 Umbrella Network and adjust their investment strategies accordingly in the evolving market.

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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.