MENDI
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 Mendi Finance(MENDI) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MENDI at a value of 1 MENDI for 221.75 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 Mendi Finance currency pair is the MENDI to UGX, with for Mendi Finance's currency code being MENDI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MENDI to UGX conversion rate trend
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In the past 1D, Mendi Finance has changed +0.11% to UGX. Based on the trend and price charts, Mendi Finance(MENDI) has changed +0.11% to UGX while Ugandan Shilling(UGX) has changed % to MENDI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh219.74 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:33:17(UTC+0)
How to buy Mendi Finance
Create Your Free Bitget Account
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Mendi Finance (MENDI)
Use a variety of payment options to buy Mendi Finance on Bitget. We'll show you how.
Buy MENDI (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MENDI with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MENDI 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 MENDI (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MENDI to UGX. However, you can first exchange MENDI 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 Mendi Finance to Ugandan Shilling?
Mendi Finance to Ugandan Shilling is falling this week.Mendi Finance's current market price is Sh 221.75 per MENDI, with a total market cap of Sh 0 UGX based on a circulating supply of -- MENDI. The trading volume of Mendi Finance has changed by -15.35% (Sh -3,916,716.97 UGX) in the last 24 hours. Last trading day, MENDI's trading volume was Sh 25,517,733.86.
Market cap
$0
24h volume
$5.85K
Circulating supply
0 MENDI
Conversion tables
The exchange rate of Mendi Finance is decreasing.1 MENDI is currently valued at Sh 221.75 UGX , which means buying 5 MENDI will cost Sh 1,108.74 UGX . Similarly, Sh1 UGX can be traded for 0.004510 MENDI, and Sh50 UGX can be converted to 0.2255 MENDI, excluding any platform or gas fees.
The exchange rate of 1 MENDI to Ugandan Shilling has changed by -10.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.11%, reaching a high of 222.05 UGX and a low of 197.48 UGX . One month ago, the value of 1 MENDI was Sh 239.64 UGX , which represents a -7.46% change from its current value. Over the last year, Mendi Finance has changed by , resulting in a change of -57.78% in its value.
+Sh
221.92UGXMENDI to UGX
Amount
18:28 today
0.5 MENDI
Sh110.87
1 MENDI
Sh221.75
5 MENDI
Sh1,108.74
10 MENDI
Sh2,217.47
50 MENDI
Sh11,087.35
100 MENDI
Sh22,174.71
500 MENDI
Sh110,873.53
1000 MENDI
Sh221,747.06
UGX to MENDI
Amount18:28 today
0.5UGX0.002255 MENDI
1UGX0.004510 MENDI
5UGX0.02255 MENDI
10UGX0.04510 MENDI
50UGX0.2255 MENDI
100UGX0.4510 MENDI
500UGX2.25 MENDI
1000UGX4.51 MENDI
Today vs. 24 hours ago
| Amount | 18:28 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MENDI | $0.03001 | $0.02998 | +0.11% |
| 1 MENDI | $0.06002 | $0.05996 | +0.11% |
| 5 MENDI | $0.3001 | $0.2998 | +0.11% |
| 10 MENDI | $0.6002 | $0.5996 | +0.11% |
| 50 MENDI | $3 | $3 | +0.11% |
| 100 MENDI | $6 | $6 | +0.11% |
| 500 MENDI | $30.01 | $29.98 | +0.11% |
| 1000 MENDI | $60.02 | $59.96 | +0.11% |
Today vs. 1 month ago
| Amount | 18:28 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MENDI | $0.03001 | $0.03243 | -7.46% |
| 1 MENDI | $0.06002 | $0.06486 | -7.46% |
| 5 MENDI | $0.3001 | $0.3243 | -7.46% |
| 10 MENDI | $0.6002 | $0.6486 | -7.46% |
| 50 MENDI | $3 | $3.24 | -7.46% |
| 100 MENDI | $6 | $6.49 | -7.46% |
| 500 MENDI | $30.01 | $32.43 | -7.46% |
| 1000 MENDI | $60.02 | $64.86 | -7.46% |
Today vs. 1 year ago
| Amount | 18:28 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MENDI | $0.03001 | $-0.{4}2309 | -57.78% |
| 1 MENDI | $0.06002 | $-0.{4}4618 | -57.78% |
| 5 MENDI | $0.3001 | $-0.0002309 | -57.78% |
| 10 MENDI | $0.6002 | $-0.0004618 | -57.78% |
| 50 MENDI | $3 | $-0.002309 | -57.78% |
| 100 MENDI | $6 | $-0.004618 | -57.78% |
| 500 MENDI | $30.01 | $-0.02309 | -57.78% |
| 1000 MENDI | $60.02 | $-0.04618 | -57.78% |
Mendi Finance price prediction
What will the price of MENDI be in 2025?
Based on MENDI's historical price performance prediction model, the price of MENDI is projected to reach $0.1132 in 2025.
What will the price of MENDI be in 2030?
In 2030, the MENDI price is expected to change by +8.00%. By the end of 2030, the MENDI price is projected to reach $0.1875, with a cumulative ROI of +218.95%.
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Popular Mendi Finance conversions
Check out these popular currency conversions of Mendi Finance to several fiat currencies.
Mendi Finance to USD
1 MENDI to $ 0.06002 USD
Mendi Finance to GBP
1 MENDI to £ 0.04756 GBP
Mendi Finance to EUR
1 MENDI to € 0.05710 EUR
Mendi Finance to KRW
1 MENDI to ₩ 83.98 KRW
Mendi Finance to CAD
1 MENDI to $ 0.08373 CAD
Mendi Finance to AUD
1 MENDI to $ 0.09213 AUD
Mendi Finance to JPY
1 MENDI to ¥ 9.27 JPY
Mendi Finance to BRL
1 MENDI to R$ 0.3488 BRL
Mendi Finance to CNY
1 MENDI to ¥ 0.4347 CNY
Mendi Finance to TWD
1 MENDI to NT$ 1.95 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Mendi Finance.
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1 SAI to Sh 120.41 UGX
Solana to UGX
1 SOL to Sh 949,057.4 UGX
Bitcoin to UGX
1 BTC to Sh 362,510,122.98 UGX
Dogecoin to UGX
1 DOGE to Sh 1,418.13 UGX
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1 PEPE to Sh 0.07553 UGX
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1 PNUT to Sh 4,940.82 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 Mendi Finance 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 Mendi Finance 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 Mendi Finance 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.
