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MAGMa to UGX Converter and calculator

MAGMa/UGX: 1 MAGMa = 12.89 UGX. The price of converting 1 Magma Financesol (MAGMa) to Ugandan shilling (UGX) is 12.89 UGX today.
MAGMa
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAGMa to UGX real-time exchange rates, making it easy to convert Magma Financesol (MAGMa) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 MAGMa is currently valued at 12.89 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAGMa is currently valued at 12.89 UGX, which means buying 5 MAGMa would cost 64.46 UGX. Similarly, Sh1 UGX can be converted to 0.07757 MAGMa, and Sh50 UGX can be converted to 0.3879 MAGMa, excluding any platform or gas fees.

Convert MAGMa to UGX

Convert UGX to MAGMa

Magma Financesol
Ugandan shilling
1 MAGMa
12.89  UGX
Exchange 1 MAGMa for 12.89 UGX
2 MAGMa
25.78  UGX
Exchange 2 MAGMa for 25.78 UGX
5 MAGMa
64.46  UGX
Exchange 5 MAGMa for 64.46 UGX
10 MAGMa
128.91  UGX
Exchange 10 MAGMa for 128.91 UGX
20 MAGMa
257.82  UGX
Exchange 20 MAGMa for 257.82 UGX
50 MAGMa
644.55  UGX
Exchange 50 MAGMa for 644.55 UGX
100 MAGMa
1,289.11  UGX
Exchange 100 MAGMa for 1,289.11 UGX
200 MAGMa
2,578.22  UGX
Exchange 200 MAGMa for 2,578.22 UGX
500 MAGMa
6,445.54  UGX
Exchange 500 MAGMa for 6,445.54 UGX
1000 MAGMa
12,891.08  UGX
Exchange 1000 MAGMa for 12,891.08 UGX
5000 MAGMa
64,455.4  UGX
Exchange 5000 MAGMa for 64,455.4 UGX
10000 MAGMa
128,910.79  UGX
Exchange 10000 MAGMa for 128,910.79 UGX
In the table above, you'll find a comprehensive MAGMa to UGX converter that shows the value of Magma Financesol in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 MAGMa to UGX, all the way up to 10000 MAGMa, providing a clear view of their respective values.
Ugandan shilling
Magma Financesol
1 UGX
0.07757 MAGMa
Exchange 1 UGX for 0.07757 MAGMa
10 UGX
0.7757 MAGMa
Exchange 10 UGX for 0.7757 MAGMa
50 UGX
3.88 MAGMa
Exchange 50 UGX for 3.88 MAGMa
100 UGX
7.76 MAGMa
Exchange 100 UGX for 7.76 MAGMa
200 UGX
15.51 MAGMa
Exchange 200 UGX for 15.51 MAGMa
500 UGX
38.79 MAGMa
Exchange 500 UGX for 38.79 MAGMa
1000 UGX
77.57 MAGMa
Exchange 1000 UGX for 77.57 MAGMa
2000 UGX
155.15 MAGMa
Exchange 2000 UGX for 155.15 MAGMa
5000 UGX
387.87 MAGMa
Exchange 5000 UGX for 387.87 MAGMa
10000 UGX
775.73 MAGMa
Exchange 10000 UGX for 775.73 MAGMa
50000 UGX
3,878.65 MAGMa
Exchange 50000 UGX for 3,878.65 MAGMa
100000 UGX
7,757.3 MAGMa
Exchange 100000 UGX for 7,757.3 MAGMa
In the table above, you'll find a comprehensive UGX to MAGMa converter that shows the value of Ugandan shilling in Magma Financesol across commonly used conversion amounts. The list covers conversions from 1 UGX to MAGMa, all the way up to 100000 UGX, providing a clear view of their respective values.

MAGMa to UGX chart

MAGMa/UGX: 1 MAGMa = 12.89 UGX; 2025/12/16 21:54:52
In the past 1D, Magma Financesol has changed +3.87% to UGX. Based on the trend and price charts, Magma Financesol(MAGMa) has changed +3.87% to UGX while Ugandan shilling(UGX) has changed % to MAGMa in the last 24 hours.
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MAGMa to UGX conversion data: Volatility and price changes of Magma Financesol in UGX

The highest Magma Financesol price in UGX over the past 7 days was -- UGX while the lowest Magma Financesol price in UGX over the past 7 days was -- UGX. The relative change between the highs and lows in Magma Financesol price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and MAGMa 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
13.37 UGX
-- UGX
-- UGX
-- UGX
Low
3.05 UGX
-- UGX
-- UGX
-- UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+3.87%
--
--
--

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Magma Financesol information

MAGMa to UGX market statistics

MAGMa/UGX:
Sh12.89
MAGMa 24h volume:
Sh13,000,947,620.08
MAGMa market cap:
Sh12,891,078,744.02
MAGMa circulating supply:
1.00B MAGMa

Current MAGMa to UGX exchange rate

Magma Financesol to Ugandan shilling is falling this week.
Magma Financesol's current market price is Sh12.89 per MAGMa, with a total market cap of Sh12,891,078,744.02 UGX based on a circulating supply of 1,000,000,000 MAGMa. The trading volume of Magma Financesol has changed by --% (Sh-- UGX) in the last 24 hours. Last trading day, MAGMa's trading volume was Sh--.

More info about Magma Financesol 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 Magma Financesol currency pair is the MAGMa to UGX, with for Magma Financesol's currency code being MAGMa. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UGX.

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How to convert MAGMa to UGX

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MAGMa to UGX Conversion tables

The exchange rate of Magma Financesol is decreasing.
The exchange rate of 1 MAGMa to Ugandan shilling has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.87%, reaching a high of 13.37 UGX and a low of 3.05 UGX . One month ago, the value of 1 MAGMa was Sh-- UGX , which represents a --% change from its current value. Over the last year, Magma Financesol has changed by
-Sh
--UGX
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 21:54 today 24 hours ago 24h change
0.5 MAGMa
Sh6.45Sh--
+3.87%
1 MAGMa
Sh12.89Sh--
+3.87%
5 MAGMa
Sh64.46Sh--
+3.87%
10 MAGMa
Sh128.91Sh--
+3.87%
50 MAGMa
Sh644.55Sh--
+3.87%
100 MAGMa
Sh1,289.11Sh--
+3.87%
500 MAGMa
Sh6,445.54Sh--
+3.87%
1000 MAGMa
Sh12,891.08Sh--
+3.87%

MAGMa to UGX FAQ

How much is 1 Magma Financesol in UGX?
Right now, the price of 1 Magma Financesol (MAGMa) in Ugandan shilling (UGX) is Sh12.89.
How much MAGMa can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.07757 MAGMa for 1 UGX.
How do I calculate or convert MAGMa to UGX?
You can use our MAGMa to UGX calculator at the top of this page to convert any amount of MAGMa to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.3879 MAGMa, while 5 MAGMa will cost around 64.46UGX.
What is the highest price of MAGMa/UGX in history?
The all-time high price of 1 MAGMa in UGX is --. It remains to be seen if the value of 1 MAGMa/UGX will exceed the current all-time high.
What is the price trend of Magma Financesol in UGX?
Over the past 7 days, the exchange rate of Magma Financesol (MAGMa) has gone down by --.   Over the last month, the exchange rate of Magma Financesol (MAGMa) has gone down by -- against Ugandan shilling (UGX).

What factors influence the conversion rate of MAGMa to UGX?

There are many factors that affect the relationship between Magma Financesol 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 MAGMa/UGX. When there is positive news in the market about the widespread adoption of MAGMa or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAGMa/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAGMa/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 MAGMa/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 Magma Financesol 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 Magma Financesol currency pairs: MAGMa to US Dollar (USD), MAGMa to Euro (EUR), MAGMa to Pound Sterling (GBP), MAGMa to Canadian Dollar (CAD), MAGMa to Indian Rupee (INR), MAGMa to Pakistani Rupee (PKR), MAGMa to Brazilian Real (BRL), MAGMa to…
The price of Magma Financesol in the US is $0.003621 USD. Additionally, Magma Financesol’s price is €0.003079 EUR in the eurozone, £0.002696 GBP in the UK, C$0.004977 CAD in Canada, ₹0.3292 INR in India, ₨1.01 PKR in Pakistan, R$0.01979 BRL in Brazil, and more.
The most popular Magma Financesol currency pair is the MAGMa to Ugandan shilling(UGX). The price of 1 Magma Financesol (MAGMa) in Ugandan shilling (UGX) is Sh12.89.

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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.