OMAX
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 Omax Coin(OMAX) to Ugandan Shilling(UGX). This is the real-time data. The current conversion shows 1 OMAX at a value of 1 OMAX for 1.42 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 Omax Coin currency pair is the OMAX to UGX, with for Omax Coin's currency code being OMAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.
OMAX to UGX conversion rate trend
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In the past 1D, Omax Coin has changed +1.06% to UGX. Based on the trend and price charts, Omax Coin(OMAX) has changed +1.06% to UGX while Ugandan Shilling(UGX) has changed % to OMAX in the last 24 hours.
Conversion rate comparison of various exchanges
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Last updated 2024/11/21 16:00:02(UTC+0)
How to buy Omax Coin
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Omax Coin (OMAX)
Use a variety of payment options to buy Omax Coin on Bitget. We'll show you how.
Learn MoreBuy OMAX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of OMAX with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy OMAX with USDT via Bitget spot market.
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Sell OMAX (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading currently does not support direct selling of OMAX to UGX. However, you can first exchange OMAX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Omax Coin to Ugandan Shilling?
Omax Coin to Ugandan Shilling is rising this week.Omax Coin's current market price is Sh 1.42 per OMAX, with a total market cap of Sh 12,302,231,850.91 UGX based on a circulating supply of 8,667,997,000 OMAX. The trading volume of Omax Coin has changed by -20.47% (Sh -192,168,950.98 UGX) in the last 24 hours. Last trading day, OMAX's trading volume was Sh 938,783,346.26.
Market cap
$3.33M
24h volume
$202.09K
Circulating supply
8.67B OMAX
Conversion tables
The exchange rate of Omax Coin is increasing.1 OMAX is currently valued at Sh 1.42 UGX , which means buying 5 OMAX will cost Sh 7.1 UGX . Similarly, Sh1 UGX can be traded for 0.7046 OMAX, and Sh50 UGX can be converted to 35.23 OMAX, excluding any platform or gas fees.
The exchange rate of 1 OMAX to Ugandan Shilling has changed by +4.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.06%, reaching a high of 1.42 UGX and a low of 1.39 UGX . One month ago, the value of 1 OMAX was Sh 1.36 UGX , which represents a +4.10% change from its current value. Over the last year, Omax Coin has changed by , resulting in a change of -44.78% in its value.
-Sh
1.15UGXOMAX to UGX
Amount
18:02 today
0.5 OMAX
Sh0.7096
1 OMAX
Sh1.42
5 OMAX
Sh7.1
10 OMAX
Sh14.19
50 OMAX
Sh70.96
100 OMAX
Sh141.93
500 OMAX
Sh709.64
1000 OMAX
Sh1,419.27
UGX to OMAX
Amount18:02 today
0.5UGX0.3523 OMAX
1UGX0.7046 OMAX
5UGX3.52 OMAX
10UGX7.05 OMAX
50UGX35.23 OMAX
100UGX70.46 OMAX
500UGX352.29 OMAX
1000UGX704.59 OMAX
Today vs. 24 hours ago
| Amount | 18:02 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OMAX | $0.0001921 | $0.0001901 | +1.06% |
| 1 OMAX | $0.0003842 | $0.0003801 | +1.06% |
| 5 OMAX | $0.001921 | $0.001901 | +1.06% |
| 10 OMAX | $0.003842 | $0.003801 | +1.06% |
| 50 OMAX | $0.01921 | $0.01901 | +1.06% |
| 100 OMAX | $0.03842 | $0.03801 | +1.06% |
| 500 OMAX | $0.1921 | $0.1901 | +1.06% |
| 1000 OMAX | $0.3842 | $0.3801 | +1.06% |
Today vs. 1 month ago
| Amount | 18:02 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OMAX | $0.0001921 | $0.0001845 | +4.10% |
| 1 OMAX | $0.0003842 | $0.0003690 | +4.10% |
| 5 OMAX | $0.001921 | $0.001845 | +4.10% |
| 10 OMAX | $0.003842 | $0.003690 | +4.10% |
| 50 OMAX | $0.01921 | $0.01845 | +4.10% |
| 100 OMAX | $0.03842 | $0.03690 | +4.10% |
| 500 OMAX | $0.1921 | $0.1845 | +4.10% |
| 1000 OMAX | $0.3842 | $0.3690 | +4.10% |
Today vs. 1 year ago
| Amount | 18:02 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OMAX | $0.0001921 | $0.0003478 | -44.78% |
| 1 OMAX | $0.0003842 | $0.0006957 | -44.78% |
| 5 OMAX | $0.001921 | $0.003478 | -44.78% |
| 10 OMAX | $0.003842 | $0.006957 | -44.78% |
| 50 OMAX | $0.01921 | $0.03478 | -44.78% |
| 100 OMAX | $0.03842 | $0.06957 | -44.78% |
| 500 OMAX | $0.1921 | $0.3478 | -44.78% |
| 1000 OMAX | $0.3842 | $0.6957 | -44.78% |
Omax Coin price prediction
What will the price of OMAX be in 2025?
Based on OMAX's historical price performance prediction model, the price of OMAX is projected to reach $0.0005189 in 2025.
What will the price of OMAX be in 2030?
In 2030, the OMAX price is expected to change by -13.00%. By the end of 2030, the OMAX price is projected to reach $0.001175, with a cumulative ROI of +221.91%.
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Popular Omax Coin conversions
Check out these popular currency conversions of Omax Coin to several fiat currencies.
Omax Coin to USD
1 OMAX to $ 0.0003842 USD
Omax Coin to GBP
1 OMAX to £ 0.0003044 GBP
Omax Coin to EUR
1 OMAX to € 0.0003654 EUR
Omax Coin to KRW
1 OMAX to ₩ 0.5375 KRW
Omax Coin to CAD
1 OMAX to $ 0.0005359 CAD
Omax Coin to AUD
1 OMAX to $ 0.0005897 AUD
Omax Coin to JPY
1 OMAX to ¥ 0.05932 JPY
Omax Coin to BRL
1 OMAX to R$ 0.002233 BRL
Omax Coin to CNY
1 OMAX to ¥ 0.002782 CNY
Omax Coin to TWD
1 OMAX to NT$ 0.01251 TWD
Popular cryptocurrencies to UGX
Explore other cryptocurrencies based on your interest in Omax Coin.
MAD to UGX
1 MAD to Sh -- UGX
XRP to UGX
1 XRP to Sh 4,137.57 UGX
EGO to UGX
1 EGO to Sh 82.09 UGX
Sharpe AI to UGX
1 SAI to Sh 119.49 UGX
Solana to UGX
1 SOL to Sh 952,310.52 UGX
Bitcoin to UGX
1 BTC to Sh 361,873,205.85 UGX
Dogecoin to UGX
1 DOGE to Sh 1,425.19 UGX
Pepe to UGX
1 PEPE to Sh 0.07648 UGX
Peanut the Squirrel to UGX
1 PNUT to Sh 4,970.87 UGX
Sui to UGX
1 SUI to Sh 13,389.4 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 Omax Coin 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 Omax Coin 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 Omax Coin 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.
