MED
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 MediBloc(MED) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MED at a value of 1 MED for 29.75 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 MediBloc currency pair is the MED to UGX, with for MediBloc's currency code being MED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MED to UGX conversion rate trend
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In the past 1D, MediBloc has changed +0.64% to UGX. Based on the trend and price charts, MediBloc(MED) has changed +0.64% to UGX while Ugandan Shilling(UGX) has changed % to MED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh29.75 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh29.11 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/01 18:00:17(UTC+0)
How to buy MediBloc
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 MediBloc (MED)
Use a variety of payment options to buy MediBloc on Bitget. We'll show you how.
Buy MED (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MED with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MED 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 MED (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MED to UGX. However, you can first exchange MED for USDT in the Bitget spot market, and then sell USDT to UGX in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
R RAGNAR255  2 trades｜Completion rate 100.00% | 4000 UGX | Amount12223.12 USDT Limit110000 - 49852000 UGX |  | |
j jonioluks 0 trades｜Completion rate 0.00% | 3501.01 UGX | Amount10000 USDT Limit110000 - 200000 UGX |   | |
T The_P2P_Plug 0 trades｜Completion rate 0.00% | 3501 UGX | Amount45840 USDT Limit110000 - 55000000 UGX | | |
L LAGERTHA255 2 trades｜Completion rate 100.00% | 3500 UGX | Amount10000 USDT Limit110000 - 960000 UGX | | |
G GYYDA 2 trades｜Completion rate 100.00% | 3500 UGX | Amount10000 USDT Limit110000 - 35000000 UGX | |
What factors influence the conversion rate of MediBloc to Ugandan Shilling?
MediBloc to Ugandan Shilling is rising this week.MediBloc's current market price is Sh 29.75 per MED, with a total market cap of Sh 268,860,597,959.26 UGX based on a circulating supply of 9,035,880,000 MED. The trading volume of MediBloc has changed by +179.67% (Sh 7,852,361,464.67 UGX) in the last 24 hours. Last trading day, MED's trading volume was Sh 4,370,413,608.81.
Market cap
$72.37M
24h volume
$3.29M
Circulating supply
9.04B MED
Conversion tables
The exchange rate of MediBloc is decreasing.1 MED is currently valued at Sh 29.75 UGX , which means buying 5 MED will cost Sh 148.77 UGX . Similarly, Sh1 UGX can be traded for 0.03361 MED, and Sh50 UGX can be converted to 1.68 MED, excluding any platform or gas fees.
The exchange rate of 1 MED to Ugandan Shilling has changed by +9.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.64%, reaching a high of 32.18 UGX and a low of 29.07 UGX . One month ago, the value of 1 MED was Sh 43.4 UGX , which represents a -31.45% change from its current value. Over the last year, MediBloc has changed by , resulting in a change of -28.82% in its value.
-Sh
12.05UGXMED to UGX
Amount
18:41 today
0.5 MED
Sh14.88
1 MED
Sh29.75
5 MED
Sh148.77
10 MED
Sh297.55
50 MED
Sh1,487.74
100 MED
Sh2,975.48
500 MED
Sh14,877.39
1000 MED
Sh29,754.77
UGX to MED
Amount18:41 today
0.5UGX0.01680 MED
1UGX0.03361 MED
5UGX0.1680 MED
10UGX0.3361 MED
50UGX1.68 MED
100UGX3.36 MED
500UGX16.8 MED
1000UGX33.61 MED
Today vs. 24 hours ago
| Amount | 18:41 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MED | $0.004005 | $0.003979 | +0.64% |
| 1 MED | $0.008009 | $0.007958 | +0.64% |
| 5 MED | $0.04005 | $0.03979 | +0.64% |
| 10 MED | $0.08009 | $0.07958 | +0.64% |
| 50 MED | $0.4005 | $0.3979 | +0.64% |
| 100 MED | $0.8009 | $0.7958 | +0.64% |
| 500 MED | $4 | $3.98 | +0.64% |
| 1000 MED | $8.01 | $7.96 | +0.64% |
Today vs. 1 month ago
| Amount | 18:41 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MED | $0.004005 | $0.005841 | -31.45% |
| 1 MED | $0.008009 | $0.01168 | -31.45% |
| 5 MED | $0.04005 | $0.05841 | -31.45% |
| 10 MED | $0.08009 | $0.1168 | -31.45% |
| 50 MED | $0.4005 | $0.5841 | -31.45% |
| 100 MED | $0.8009 | $1.17 | -31.45% |
| 500 MED | $4 | $5.84 | -31.45% |
| 1000 MED | $8.01 | $11.68 | -31.45% |
Today vs. 1 year ago
| Amount | 18:41 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MED | $0.004005 | $0.005626 | -28.82% |
| 1 MED | $0.008009 | $0.01125 | -28.82% |
| 5 MED | $0.04005 | $0.05626 | -28.82% |
| 10 MED | $0.08009 | $0.1125 | -28.82% |
| 50 MED | $0.4005 | $0.5626 | -28.82% |
| 100 MED | $0.8009 | $1.13 | -28.82% |
| 500 MED | $4 | $5.63 | -28.82% |
| 1000 MED | $8.01 | $11.25 | -28.82% |
MediBloc price prediction
What will the price of MED be in 2025?
Based on MED's historical price performance prediction model, the price of MED is projected to reach $0.01006 in 2025.
What will the price of MED be in 2030?
In 2030, the MED price is expected to rise by -6.00%. By the end of 2030, the MED price is projected to reach $0.01767, with a cumulative ROI of +120.60%.
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Popular MediBloc conversions
Check out these popular currency conversions of MediBloc to several fiat currencies.
MediBloc to USD
1 MED to $ 0.008009 USD
MediBloc to GBP
1 MED to £ 0.006328 GBP
MediBloc to EUR
1 MED to € 0.007463 EUR
MediBloc to KRW
1 MED to ₩ 11.08 KRW
MediBloc to CAD
1 MED to $ 0.01100 CAD
MediBloc to AUD
1 MED to $ 0.01203 AUD
MediBloc to JPY
1 MED to ¥ 1.29 JPY
MediBloc to BRL
1 MED to R$ 0.04479 BRL
MediBloc to CNY
1 MED to ¥ 0.05835 CNY
MediBloc to TWD
1 MED to NT$ 0.2608 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in MediBloc.
Biaoqing to UGX
1 BIAO to Sh 64.32 UGX
Mogutou to UGX
1 MOGU to Sh -- UGX
Dogecoin to UGX
1 DOGE to Sh 465.15 UGX
Bitcoin to UGX
1 BTC to Sh 235,686,131.14 UGX
AMC to UGX
1 AMC to Sh -- UGX
Notcoin to UGX
1 NOT to Sh 52.08 UGX
Kaspa to UGX
1 KAS to Sh 668 UGX
LayerZero to UGX
1 ZRO to Sh 14,268.87 UGX
Pepe to UGX
1 PEPE to Sh 0.04306 UGX
Solana to UGX
1 SOL to Sh 547,718.92 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 MediBloc 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 MediBloc 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 MediBloc 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.
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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.
