NII
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 Nahmii(NII) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NII at a value of 1 NII for 0.03 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 Nahmii currency pair is the NII to UGX, with for Nahmii's currency code being NII. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NII to UGX conversion rate trend
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In the past 1D, Nahmii has changed +35.71% to UGX. Based on the trend and price charts, Nahmii(NII) has changed +35.71% to UGX while Ugandan Shilling(UGX) has changed % to NII in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.04267 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh0.08176 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/20 16:00:17(UTC+0)
How to buy Nahmii
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Buy Nahmii (NII)
Use a variety of payment options to buy Nahmii on Bitget. We'll show you how.
Buy NII (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NII with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NII 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 NII (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NII to UGX. However, you can first exchange NII 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 Nahmii to Ugandan Shilling?
Nahmii to Ugandan Shilling is falling this week.Nahmii's current market price is Sh 0.02539 per NII, with a total market cap of Sh 0 UGX based on a circulating supply of -- NII. The trading volume of Nahmii has changed by -76.97% (Sh -75,815,798.99 UGX) in the last 24 hours. Last trading day, NII's trading volume was Sh 98,504,548.7.
Market cap
$0
24h volume
$6.10K
Circulating supply
0 NII
Conversion tables
The exchange rate of Nahmii is decreasing.1 NII is currently valued at Sh 0.02539 UGX , which means buying 5 NII will cost Sh 0.1269 UGX . Similarly, Sh1 UGX can be traded for 39.39 NII, and Sh50 UGX can be converted to 1,969.51 NII, excluding any platform or gas fees.
The exchange rate of 1 NII to Ugandan Shilling has changed by -95.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +35.71%, reaching a high of 0.04764 UGX and a low of 0.01647 UGX . One month ago, the value of 1 NII was Sh 0.6505 UGX , which represents a -96.10% change from its current value. Over the last year, Nahmii has changed by , resulting in a change of -95.90% in its value.
-Sh
0.5934UGXNII to UGX
Amount
00:05 am today
0.5 NII
Sh0.01269
1 NII
Sh0.02539
5 NII
Sh0.1269
10 NII
Sh0.2539
50 NII
Sh1.27
100 NII
Sh2.54
500 NII
Sh12.69
1000 NII
Sh25.39
UGX to NII
Amount00:05 am today
0.5UGX19.7 NII
1UGX39.39 NII
5UGX196.95 NII
10UGX393.9 NII
50UGX1,969.51 NII
100UGX3,939.01 NII
500UGX19,695.05 NII
1000UGX39,390.11 NII
Today vs. 24 hours ago
| Amount | 00:05 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NII | $0.{5}3415 | $0.{5}2517 | +35.71% |
| 1 NII | $0.{5}6831 | $0.{5}5033 | +35.71% |
| 5 NII | $0.{4}3415 | $0.{4}2517 | +35.71% |
| 10 NII | $0.{4}6831 | $0.{4}5033 | +35.71% |
| 50 NII | $0.0003415 | $0.0002517 | +35.71% |
| 100 NII | $0.0006831 | $0.0005033 | +35.71% |
| 500 NII | $0.003415 | $0.002517 | +35.71% |
| 1000 NII | $0.006831 | $0.005033 | +35.71% |
Today vs. 1 month ago
| Amount | 00:05 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NII | $0.{5}3415 | $0.{4}8751 | -96.10% |
| 1 NII | $0.{5}6831 | $0.0001750 | -96.10% |
| 5 NII | $0.{4}3415 | $0.0008751 | -96.10% |
| 10 NII | $0.{4}6831 | $0.001750 | -96.10% |
| 50 NII | $0.0003415 | $0.008751 | -96.10% |
| 100 NII | $0.0006831 | $0.01750 | -96.10% |
| 500 NII | $0.003415 | $0.08751 | -96.10% |
| 1000 NII | $0.006831 | $0.1750 | -96.10% |
Today vs. 1 year ago
| Amount | 00:05 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NII | $0.{5}3415 | $0.{4}8325 | -95.90% |
| 1 NII | $0.{5}6831 | $0.0001665 | -95.90% |
| 5 NII | $0.{4}3415 | $0.0008325 | -95.90% |
| 10 NII | $0.{4}6831 | $0.001665 | -95.90% |
| 50 NII | $0.0003415 | $0.008325 | -95.90% |
| 100 NII | $0.0006831 | $0.01665 | -95.90% |
| 500 NII | $0.003415 | $0.08325 | -95.90% |
| 1000 NII | $0.006831 | $0.1665 | -95.90% |
Nahmii price prediction
What will the price of NII be in 2025?
Based on NII's historical price performance prediction model, the price of NII is projected to reach $0.{4}5086 in 2025.
What will the price of NII be in 2030?
In 2030, the NII price is expected to change by -16.00%. By the end of 2030, the NII price is projected to reach $0.{4}5054, with a cumulative ROI of +585.41%.
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Popular Nahmii conversions
Check out these popular currency conversions of Nahmii to several fiat currencies.
Nahmii to USD
1 NII to $ 0.{5}6831 USD
Nahmii to GBP
1 NII to £ 0.{5}5129 GBP
Nahmii to EUR
1 NII to € 0.{5}6112 EUR
Nahmii to KRW
1 NII to ₩ 0.009102 KRW
Nahmii to CAD
1 NII to $ 0.{5}9278 CAD
Nahmii to AUD
1 NII to $ 0.{4}1004 AUD
Nahmii to JPY
1 NII to ¥ 0.0009824 JPY
Nahmii to BRL
1 NII to R$ 0.{4}3767 BRL
Nahmii to CNY
1 NII to ¥ 0.{4}4820 CNY
Nahmii to TWD
1 NII to NT$ 0.0002185 TWD
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1 SUI to Sh 5,513.14 UGX
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1 PANDA to Sh 31.29 UGX
Reef to UGX
1 REEF to Sh 13.72 UGX
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1 SOL to Sh 544,747.5 UGX
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1 PEPE to Sh 0.03055 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 Nahmii 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 Nahmii 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 Nahmii 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.
