NFM
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 NFMart(NFM) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 NFM at a value of 1 NFM 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 NFMart currency pair is the NFM to UGX, with for NFMart's currency code being NFM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
NFM to UGX conversion rate trend
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In the past 1D, NFMart has changed +8.31% to UGX. Based on the trend and price charts, NFMart(NFM) has changed +8.31% to UGX while Ugandan Shilling(UGX) has changed % to NFM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | Sh0.3716 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | Sh0.03344 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/14 08:00:19(UTC+0)
How to buy NFMart
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 NFMart (NFM)
Use a variety of payment options to buy NFMart on Bitget. We'll show you how.
Buy NFM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of NFM with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy NFM 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 NFM (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of NFM to UGX. However, you can first exchange NFM 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 NFMart to Ugandan Shilling?
NFMart to Ugandan Shilling is falling this week.NFMart's current market price is Sh 0.03197 per NFM, with a total market cap of Sh 0 UGX based on a circulating supply of -- NFM. The trading volume of NFMart has changed by -35.91% (Sh -24,000,086.17 UGX) in the last 24 hours. Last trading day, NFM's trading volume was Sh 66,838,644.22.
Market cap
$0
24h volume
$11.53K
Circulating supply
0 NFM
Conversion tables
The exchange rate of NFMart is decreasing.1 NFM is currently valued at Sh 0.03197 UGX , which means buying 5 NFM will cost Sh 0.1598 UGX . Similarly, Sh1 UGX can be traded for 31.28 NFM, and Sh50 UGX can be converted to 1,563.97 NFM, excluding any platform or gas fees.
The exchange rate of 1 NFM to Ugandan Shilling has changed by -20.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.31%, reaching a high of 0.03451 UGX and a low of 0.03011 UGX . One month ago, the value of 1 NFM was Sh 0.3501 UGX , which represents a -90.39% change from its current value. Over the last year, NFMart has changed by , resulting in a change of --% in its value.
+Sh
0.03382UGXNFM to UGX
Amount
16:29 today
0.5 NFM
Sh0.01598
1 NFM
Sh0.03197
5 NFM
Sh0.1598
10 NFM
Sh0.3197
50 NFM
Sh1.6
100 NFM
Sh3.2
500 NFM
Sh15.98
1000 NFM
Sh31.97
UGX to NFM
Amount16:29 today
0.5UGX15.64 NFM
1UGX31.28 NFM
5UGX156.4 NFM
10UGX312.79 NFM
50UGX1,563.97 NFM
100UGX3,127.94 NFM
500UGX15,639.69 NFM
1000UGX31,279.38 NFM
Today vs. 24 hours ago
| Amount | 16:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NFM | $0.{5}4302 | $0.{5}3953 | +8.31% |
| 1 NFM | $0.{5}8604 | $0.{5}7905 | +8.31% |
| 5 NFM | $0.{4}4302 | $0.{4}3953 | +8.31% |
| 10 NFM | $0.{4}8604 | $0.{4}7905 | +8.31% |
| 50 NFM | $0.0004302 | $0.0003953 | +8.31% |
| 100 NFM | $0.0008604 | $0.0007905 | +8.31% |
| 500 NFM | $0.004302 | $0.003953 | +8.31% |
| 1000 NFM | $0.008604 | $0.007905 | +8.31% |
Today vs. 1 month ago
| Amount | 16:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NFM | $0.{5}4302 | $0.{4}4711 | -90.39% |
| 1 NFM | $0.{5}8604 | $0.{4}9421 | -90.39% |
| 5 NFM | $0.{4}4302 | $0.0004711 | -90.39% |
| 10 NFM | $0.{4}8604 | $0.0009421 | -90.39% |
| 50 NFM | $0.0004302 | $0.004711 | -90.39% |
| 100 NFM | $0.0008604 | $0.009421 | -90.39% |
| 500 NFM | $0.004302 | $0.04711 | -90.39% |
| 1000 NFM | $0.008604 | $0.09421 | -90.39% |
Today vs. 1 year ago
| Amount | 16:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NFM | $0.{5}4302 | $-0.{6}2489 | -- |
| 1 NFM | $0.{5}8604 | $-0.{6}4978 | -- |
| 5 NFM | $0.{4}4302 | $-0.{5}2489 | -- |
| 10 NFM | $0.{4}8604 | $-0.{5}4978 | -- |
| 50 NFM | $0.0004302 | $-0.{4}2489 | -- |
| 100 NFM | $0.0008604 | $-0.{4}4978 | -- |
| 500 NFM | $0.004302 | $-0.0002489 | -- |
| 1000 NFM | $0.008604 | $-0.0004978 | -- |
NFMart price prediction
What will the price of NFM be in 2025?
Based on NFM's historical price performance prediction model, the price of NFM is projected to reach $0.0005318 in 2025.
What will the price of NFM be in 2030?
In 2030, the NFM price is expected to change by -12.00%. By the end of 2030, the NFM price is projected to reach $0.0005937, with a cumulative ROI of +7036.78%.
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Popular NFMart conversions
Check out these popular currency conversions of NFMart to several fiat currencies.
NFMart to USD
1 NFM to $ 0.{5}8604 USD
NFMart to GBP
1 NFM to £ 0.{5}6555 GBP
NFMart to EUR
1 NFM to € 0.{5}7763 EUR
NFMart to KRW
1 NFM to ₩ 0.01145 KRW
NFMart to CAD
1 NFM to $ 0.{4}1170 CAD
NFMart to AUD
1 NFM to $ 0.{4}1283 AUD
NFMart to JPY
1 NFM to ¥ 0.001212 JPY
NFMart to BRL
1 NFM to R$ 0.{4}4788 BRL
NFMart to CNY
1 NFM to ¥ 0.{4}6111 CNY
NFMart to TWD
1 NFM to NT$ 0.0002749 TWD
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1 DOGE to Sh -- 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 NFMart 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 NFMart 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 NFMart 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.
