MERL
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 Merlin Chain(MERL) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 MERL at a value of 1 MERL for 831.47 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 Merlin Chain currency pair is the MERL to UGX, with for Merlin Chain's currency code being MERL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
MERL to UGX conversion rate trend
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In the past 1D, Merlin Chain has changed +2.91% to UGX. Based on the trend and price charts, Merlin Chain(MERL) has changed +2.91% to UGX while Ugandan Shilling(UGX) has changed % to MERL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh829.07 | 0.0200% / 0.0320%  VIP 7 | |
OKX | Sh826.27 | 0.080% / 0.100% | Yes |
Huobi | Sh826.27 | 0.1000% / 0.1000% | Yes |
Gate.io | Sh827.74 | 0.1000% / 0.1000% | Yes |
Bybit | Sh826.27 | 0.1000% / 0.1000% | Yes |
KuCoin | Sh828.48 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/06 09:00:20(UTC+0)
How to buy Merlin Chain
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Buy Merlin Chain (MERL)
Use a variety of payment options to buy Merlin Chain on Bitget. We'll show you how.
Learn MoreBuy MERL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MERL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MERL 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 MERL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of MERL to UGX. However, you can first exchange MERL 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 Merlin Chain to Ugandan Shilling?
Merlin Chain to Ugandan Shilling is falling this week.Merlin Chain's current market price is Sh 831.47 per MERL, with a total market cap of Sh 345,059,447,438.03 UGX based on a circulating supply of 415,000,000 MERL. The trading volume of Merlin Chain has changed by -18.86% (Sh -32,157,270,357.73 UGX) in the last 24 hours. Last trading day, MERL's trading volume was Sh 170,515,994,430.87.
Market cap
$93.42M
24h volume
$37.46M
Circulating supply
415.00M MERL
Conversion tables
The exchange rate of Merlin Chain is decreasing.1 MERL is currently valued at Sh 831.47 UGX , which means buying 5 MERL will cost Sh 4,157.34 UGX . Similarly, Sh1 UGX can be traded for 0.001203 MERL, and Sh50 UGX can be converted to 0.06013 MERL, excluding any platform or gas fees.
The exchange rate of 1 MERL to Ugandan Shilling has changed by -24.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.91%, reaching a high of 847 UGX and a low of 777.99 UGX . One month ago, the value of 1 MERL was Sh 2,095.58 UGX , which represents a -60.37% change from its current value. Over the last year, Merlin Chain has changed by , resulting in a change of --% in its value.
+Sh
829.84UGXMERL to UGX
Amount
09:23 am today
0.5 MERL
Sh415.73
1 MERL
Sh831.47
5 MERL
Sh4,157.34
10 MERL
Sh8,314.69
50 MERL
Sh41,573.43
100 MERL
Sh83,146.86
500 MERL
Sh415,734.28
1000 MERL
Sh831,468.56
UGX to MERL
Amount09:23 am today
0.5UGX0.0006013 MERL
1UGX0.001203 MERL
5UGX0.006013 MERL
10UGX0.01203 MERL
50UGX0.06013 MERL
100UGX0.1203 MERL
500UGX0.6013 MERL
1000UGX1.2 MERL
Today vs. 24 hours ago
| Amount | 09:23 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MERL | $0.1126 | $0.1094 | +2.91% |
| 1 MERL | $0.2251 | $0.2188 | +2.91% |
| 5 MERL | $1.13 | $1.09 | +2.91% |
| 10 MERL | $2.25 | $2.19 | +2.91% |
| 50 MERL | $11.26 | $10.94 | +2.91% |
| 100 MERL | $22.51 | $21.88 | +2.91% |
| 500 MERL | $112.55 | $109.38 | +2.91% |
| 1000 MERL | $225.11 | $218.76 | +2.91% |
Today vs. 1 month ago
| Amount | 09:23 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MERL | $0.1126 | $0.2837 | -60.37% |
| 1 MERL | $0.2251 | $0.5673 | -60.37% |
| 5 MERL | $1.13 | $2.84 | -60.37% |
| 10 MERL | $2.25 | $5.67 | -60.37% |
| 50 MERL | $11.26 | $28.37 | -60.37% |
| 100 MERL | $22.51 | $56.73 | -60.37% |
| 500 MERL | $112.55 | $283.67 | -60.37% |
| 1000 MERL | $225.11 | $567.35 | -60.37% |
Today vs. 1 year ago
| Amount | 09:23 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MERL | $0.1126 | $0.0002206 | -- |
| 1 MERL | $0.2251 | $0.0004412 | -- |
| 5 MERL | $1.13 | $0.002206 | -- |
| 10 MERL | $2.25 | $0.004412 | -- |
| 50 MERL | $11.26 | $0.02206 | -- |
| 100 MERL | $22.51 | $0.04412 | -- |
| 500 MERL | $112.55 | $0.2206 | -- |
| 1000 MERL | $225.11 | $0.4412 | -- |
Merlin Chain price prediction
What will the price of MERL be in 2025?
Based on MERL's historical price performance prediction model, the price of MERL is projected to reach $0.3845 in 2025.
What will the price of MERL be in 2030?
In 2030, the MERL price is expected to change by +8.00%. By the end of 2030, the MERL price is projected to reach $0.7799, with a cumulative ROI of +246.46%.
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Popular Merlin Chain conversions
Check out these popular currency conversions of Merlin Chain to several fiat currencies.
Merlin Chain to USD
1 MERL to $ 0.2251 USD
Merlin Chain to GBP
1 MERL to £ 0.1757 GBP
Merlin Chain to EUR
1 MERL to € 0.2075 EUR
Merlin Chain to KRW
1 MERL to ₩ 310.1 KRW
Merlin Chain to CAD
1 MERL to $ 0.3075 CAD
Merlin Chain to AUD
1 MERL to $ 0.3334 AUD
Merlin Chain to JPY
1 MERL to ¥ 36.19 JPY
Merlin Chain to BRL
1 MERL to R$ 1.23 BRL
Merlin Chain to CNY
1 MERL to ¥ 1.64 CNY
Merlin Chain to TWD
1 MERL to NT$ 7.3 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Merlin Chain.
Bitcoin to UGX
1 BTC to Sh 208,674,558.73 UGX
Pepe to UGX
1 PEPE to Sh 0.03356 UGX
Solana to UGX
1 SOL to Sh 507,298.82 UGX
Ethereum to UGX
1 ETH to Sh 11,058,197.92 UGX
Toncoin to UGX
1 TON to Sh 27,942.37 UGX
Arbitrum to UGX
1 ARB to Sh 2,308.63 UGX
Ondo to UGX
1 ONDO to Sh 3,667.21 UGX
Celestia to UGX
1 TIA to Sh 18,354.27 UGX
Zilliqa to UGX
1 ZIL to Sh 54.69 UGX
ApeCoin to UGX
1 APE to Sh 2,692.38 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 Merlin Chain 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 Merlin Chain 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 Merlin Chain 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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