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MTG to UGX Converter and calculator

MTG/UGX: 1 MTG = 87.95 UGX. The price of converting 1 MagnetGold (MTG) to Ugandan shilling (UGX) is 87.95 UGX today.
MTG
MTG
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MTG to UGX real-time exchange rates, making it easy to convert MagnetGold (MTG) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 MTG is currently valued at 87.95 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MTG is currently valued at 87.95 UGX, which means buying 5 MTG would cost 439.76 UGX. Similarly, Sh1 UGX can be converted to 0.01137 MTG, and Sh50 UGX can be converted to 0.05685 MTG, excluding any platform or gas fees.

Convert MTG to UGX

Convert UGX to MTG

MagnetGold
Ugandan shilling
1 MTG
87.95  UGX
Exchange 1 MTG for 87.95 UGX
2 MTG
175.9  UGX
Exchange 2 MTG for 175.9 UGX
5 MTG
439.76  UGX
Exchange 5 MTG for 439.76 UGX
10 MTG
879.52  UGX
Exchange 10 MTG for 879.52 UGX
20 MTG
1,759.04  UGX
Exchange 20 MTG for 1,759.04 UGX
50 MTG
4,397.61  UGX
Exchange 50 MTG for 4,397.61 UGX
100 MTG
8,795.22  UGX
Exchange 100 MTG for 8,795.22 UGX
200 MTG
17,590.45  UGX
Exchange 200 MTG for 17,590.45 UGX
500 MTG
43,976.11  UGX
Exchange 500 MTG for 43,976.11 UGX
1000 MTG
87,952.23  UGX
Exchange 1000 MTG for 87,952.23 UGX
5000 MTG
439,761.13  UGX
Exchange 5000 MTG for 439,761.13 UGX
10000 MTG
879,522.26  UGX
Exchange 10000 MTG for 879,522.26 UGX
In the table above, you'll find a comprehensive MTG to UGX converter that shows the value of MagnetGold in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 MTG to UGX, all the way up to 10000 MTG, providing a clear view of their respective values.
Ugandan shilling
MagnetGold
1 UGX
0.01137 MTG
Exchange 1 UGX for 0.01137 MTG
10 UGX
0.1137 MTG
Exchange 10 UGX for 0.1137 MTG
50 UGX
0.5685 MTG
Exchange 50 UGX for 0.5685 MTG
100 UGX
1.14 MTG
Exchange 100 UGX for 1.14 MTG
200 UGX
2.27 MTG
Exchange 200 UGX for 2.27 MTG
500 UGX
5.68 MTG
Exchange 500 UGX for 5.68 MTG
1000 UGX
11.37 MTG
Exchange 1000 UGX for 11.37 MTG
2000 UGX
22.74 MTG
Exchange 2000 UGX for 22.74 MTG
5000 UGX
56.85 MTG
Exchange 5000 UGX for 56.85 MTG
10000 UGX
113.7 MTG
Exchange 10000 UGX for 113.7 MTG
50000 UGX
568.49 MTG
Exchange 50000 UGX for 568.49 MTG
100000 UGX
1,136.98 MTG
Exchange 100000 UGX for 1,136.98 MTG
In the table above, you'll find a comprehensive UGX to MTG converter that shows the value of Ugandan shilling in MagnetGold across commonly used conversion amounts. The list covers conversions from 1 UGX to MTG, all the way up to 100000 UGX, providing a clear view of their respective values.

MTG to UGX chart

MTG/UGX: 1 MTG = 87.95 UGX; 2025/08/22 18:05:34
In the past 1D, MagnetGold has changed +0.81% to UGX. Based on the trend and price charts, MagnetGold(MTG) has changed +0.81% to UGX while Ugandan shilling(UGX) has changed % to MTG in the last 24 hours.
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MTG to UGX conversion data: Volatility and price changes of MagnetGold in UGX

The highest MagnetGold price in UGX over the past 7 days was 110.26 UGX while the lowest MagnetGold price in UGX over the past 7 days was 58.4 UGX. The relative change between the highs and lows in MagnetGold price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and MTG to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
87.82 UGX
110.26 UGX
119.19 UGX
136.65 UGX
Low
86.9 UGX
58.4 UGX
58.4 UGX
23.77 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+0.81%
-4.59%
-25.22%
-14.01%

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Bitget P2P trading does not currently support direct buying of MTG with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MTG with USDT via Bitget spot market.
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MagnetGold information

MTG to UGX market statistics

MTG/UGX:
Sh87.95
MTG 24h volume:
Sh1,342,395.96
MTG market cap:
--
MTG circulating supply:
0 MTG

Current MTG to UGX exchange rate

MagnetGold to Ugandan shilling is falling this week.
MagnetGold's current market price is Sh87.95 per MTG, with a total market cap of Sh0 UGX based on a circulating supply of -- MTG. The trading volume of MagnetGold has changed by +30423.42% (Sh1,337,998.04 UGX) in the last 24 hours. Last trading day, MTG's trading volume was Sh4,397.92.

More info about MagnetGold on Bitget

Ugandan shilling 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 MagnetGold currency pair is the MTG to UGX, with for MagnetGold's currency code being MTG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert MTG to UGX

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MTG to UGX Conversion tables

The exchange rate of MagnetGold is decreasing.
The exchange rate of 1 MTG to Ugandan shilling has changed by -4.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.81%, reaching a high of 87.82 UGX and a low of 86.9 UGX . One month ago, the value of 1 MTG was Sh117.57 UGX , which represents a -25.22% change from its current value. Over the last year, MagnetGold has changed by
-Sh
70.6UGX
, resulting in a change of -44.57% in its value.
24 hours ago1 month ago1 year ago
Amount 18:05 today 24 hours ago 24h change
0.5 MTG
Sh43.98Sh43.62
+0.81%
1 MTG
Sh87.95Sh87.25
+0.81%
5 MTG
Sh439.76Sh436.23
+0.81%
10 MTG
Sh879.52Sh872.47
+0.81%
50 MTG
Sh4,397.61Sh4,362.35
+0.81%
100 MTG
Sh8,795.22Sh8,724.7
+0.81%
500 MTG
Sh43,976.11Sh43,623.49
+0.81%
1000 MTG
Sh87,952.23Sh87,246.98
+0.81%

MTG to UGX FAQ

How much is 1 MagnetGold in UGX?
Right now, the price of 1 MagnetGold (MTG) in Ugandan shilling (UGX) is Sh87.95.
How much MTG can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.01137 MTG for 1 UGX.
How do I calculate or convert MTG to UGX?
You can use our MTG to UGX calculator at the top of this page to convert any amount of MTG to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.05685 MTG, while 5 MTG will cost around 439.76UGX.
What is the highest price of MTG/UGX in history?
The all-time high price of 1 MTG in UGX is Sh4,230.19. It remains to be seen if the value of 1 MTG/UGX will exceed the current all-time high.
What is the price trend of MagnetGold in UGX?
Over the past 7 days, the exchange rate of MagnetGold (MTG) has gone down by 4.59%.   Over the last month, the exchange rate of MagnetGold (MTG) has gone down by 25.22% against Ugandan shilling (UGX).

What factors influence the conversion rate of MTG to UGX?

There are many factors that affect the relationship between MagnetGold and Ugandan shilling, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MTG/UGX. When there is positive news in the market about the widespread adoption of MTG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MTG/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MTG/UGX.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MTG/UGX. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of MagnetGold and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular MagnetGold currency pairs: MTG to US Dollar (USD), MTG to Euro (EUR), MTG to Pound Sterling (GBP), MTG to Canadian Dollar (CAD), MTG to Indian Rupee (INR), MTG to Pakistani Rupee (PKR), MTG to Brazilian Real (BRL), MTG to…
The price of MagnetGold in the US is $0.02469 USD. Additionally, MagnetGold’s price is €0.02107 EUR in the eurozone, £0.01825 GBP in the UK, C$0.03417 CAD in Canada, ₹2.16 INR in India, ₨7 PKR in Pakistan, R$0.1338 BRL in Brazil, and more.
The most popular MagnetGold currency pair is the MTG to Ugandan shilling(UGX). The price of 1 MagnetGold (MTG) in Ugandan shilling (UGX) is Sh87.95.

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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.