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MATRIX to UGX Converter and calculator

MATRIX/UGX: 1 MATRIX = 0.06078 UGX. The price of converting 1 Matrix One (MATRIX) to Ugandan shilling (UGX) is 0.06078 UGX today.
MATRIX
MATRIX
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MATRIX to UGX real-time exchange rates, making it easy to convert Matrix One (MATRIX) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 MATRIX is currently valued at 0.06078 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MATRIX is currently valued at 0.06078 UGX, which means buying 5 MATRIX would cost 0.3039 UGX. Similarly, Sh1 UGX can be converted to 16.45 MATRIX, and Sh50 UGX can be converted to 82.27 MATRIX, excluding any platform or gas fees.

Convert MATRIX to UGX

Convert UGX to MATRIX

Matrix One
Ugandan shilling
1 MATRIX
0.06078  UGX
Exchange 1 MATRIX for 0.06078 UGX
2 MATRIX
0.1216  UGX
Exchange 2 MATRIX for 0.1216 UGX
5 MATRIX
0.3039  UGX
Exchange 5 MATRIX for 0.3039 UGX
10 MATRIX
0.6078  UGX
Exchange 10 MATRIX for 0.6078 UGX
20 MATRIX
1.22  UGX
Exchange 20 MATRIX for 1.22 UGX
50 MATRIX
3.04  UGX
Exchange 50 MATRIX for 3.04 UGX
100 MATRIX
6.08  UGX
Exchange 100 MATRIX for 6.08 UGX
200 MATRIX
12.16  UGX
Exchange 200 MATRIX for 12.16 UGX
500 MATRIX
30.39  UGX
Exchange 500 MATRIX for 30.39 UGX
1000 MATRIX
60.78  UGX
Exchange 1000 MATRIX for 60.78 UGX
5000 MATRIX
303.89  UGX
Exchange 5000 MATRIX for 303.89 UGX
10000 MATRIX
607.78  UGX
Exchange 10000 MATRIX for 607.78 UGX
In the table above, you'll find a comprehensive MATRIX to UGX converter that shows the value of Matrix One in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 MATRIX to UGX, all the way up to 10000 MATRIX, providing a clear view of their respective values.
Ugandan shilling
Matrix One
1 UGX
16.45 MATRIX
Exchange 1 UGX for 16.45 MATRIX
10 UGX
164.53 MATRIX
Exchange 10 UGX for 164.53 MATRIX
50 UGX
822.66 MATRIX
Exchange 50 UGX for 822.66 MATRIX
100 UGX
1,645.33 MATRIX
Exchange 100 UGX for 1,645.33 MATRIX
200 UGX
3,290.65 MATRIX
Exchange 200 UGX for 3,290.65 MATRIX
500 UGX
8,226.63 MATRIX
Exchange 500 UGX for 8,226.63 MATRIX
1000 UGX
16,453.26 MATRIX
Exchange 1000 UGX for 16,453.26 MATRIX
2000 UGX
32,906.51 MATRIX
Exchange 2000 UGX for 32,906.51 MATRIX
5000 UGX
82,266.28 MATRIX
Exchange 5000 UGX for 82,266.28 MATRIX
10000 UGX
164,532.56 MATRIX
Exchange 10000 UGX for 164,532.56 MATRIX
50000 UGX
822,662.8 MATRIX
Exchange 50000 UGX for 822,662.8 MATRIX
100000 UGX
1,645,325.6 MATRIX
Exchange 100000 UGX for 1,645,325.6 MATRIX
In the table above, you'll find a comprehensive UGX to MATRIX converter that shows the value of Ugandan shilling in Matrix One across commonly used conversion amounts. The list covers conversions from 1 UGX to MATRIX, all the way up to 100000 UGX, providing a clear view of their respective values.

MATRIX to UGX chart

MATRIX/UGX: 1 MATRIX = 0.06078 UGX; 2025/09/15 22:23:27
In the past 1D, Matrix One has changed +0.45% to UGX. Based on the trend and price charts, Matrix One(MATRIX) has changed +0.45% to UGX while Ugandan shilling(UGX) has changed % to MATRIX in the last 24 hours.
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MATRIX to UGX conversion data: Volatility and price changes of Matrix One in UGX

The highest Matrix One price in UGX over the past 7 days was 0.06152 UGX while the lowest Matrix One price in UGX over the past 7 days was 0.05764 UGX. The relative change between the highs and lows in Matrix One price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and MATRIX 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
0.06078 UGX
0.06152 UGX
0.08429 UGX
2.06 UGX
Low
0.06051 UGX
0.05764 UGX
0.05764 UGX
0.05764 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
+0.45%
+1.62%
-26.43%
-69.14%

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

MATRIX to UGX market statistics

MATRIX/UGX:
Sh0.06078
MATRIX 24h volume:
--
MATRIX market cap:
--
MATRIX circulating supply:
0 MATRIX

Current MATRIX to UGX exchange rate

Matrix One to Ugandan shilling is rising this week.
Matrix One's current market price is Sh0.06078 per MATRIX, with a total market cap of Sh0 UGX based on a circulating supply of -- MATRIX. The trading volume of Matrix One has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, MATRIX's trading volume was Sh0.

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

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How to convert MATRIX to UGX

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MATRIX to UGX Conversion tables

The exchange rate of Matrix One is decreasing.
The exchange rate of 1 MATRIX to Ugandan shilling has changed by +1.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.45%, reaching a high of 0.06078 UGX and a low of 0.06051 UGX . One month ago, the value of 1 MATRIX was Sh0.08261 UGX , which represents a -26.43% change from its current value. Over the last year, Matrix One has changed by
+Sh
0.06078UGX
, resulting in a change of -63.64% in its value.
24 hours ago1 month ago1 year ago
Amount 22:23 today 24 hours ago 24h change
0.5 MATRIX
Sh0.03039Sh0.03025
+0.45%
1 MATRIX
Sh0.06078Sh0.06051
+0.45%
5 MATRIX
Sh0.3039Sh0.3025
+0.45%
10 MATRIX
Sh0.6078Sh0.6051
+0.45%
50 MATRIX
Sh3.04Sh3.03
+0.45%
100 MATRIX
Sh6.08Sh6.05
+0.45%
500 MATRIX
Sh30.39Sh30.25
+0.45%
1000 MATRIX
Sh60.78Sh60.51
+0.45%

MATRIX to UGX FAQ

How much is 1 Matrix One in UGX?
Right now, the price of 1 Matrix One (MATRIX) in Ugandan shilling (UGX) is Sh0.06078.
How much MATRIX can I buy for 1 UGX?
Based on the current exchange rate, you can get 16.45 MATRIX for 1 UGX.
How do I calculate or convert MATRIX to UGX?
You can use our MATRIX to UGX calculator at the top of this page to convert any amount of MATRIX to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 82.27 MATRIX, while 5 MATRIX will cost around 0.3039UGX.
What is the highest price of MATRIX/UGX in history?
The all-time high price of 1 MATRIX in UGX is Sh20.39. It remains to be seen if the value of 1 MATRIX/UGX will exceed the current all-time high.
What is the price trend of Matrix One in UGX?
Over the past 7 days, the exchange rate of Matrix One (MATRIX) has gone up by 1.62%.   Over the last month, the exchange rate of Matrix One (MATRIX) has gone down by 26.43% against Ugandan shilling (UGX).

What factors influence the conversion rate of MATRIX to UGX?

There are many factors that affect the relationship between Matrix One 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 MATRIX/UGX. When there is positive news in the market about the widespread adoption of MATRIX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MATRIX/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MATRIX/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 MATRIX/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 Matrix One 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 Matrix One currency pairs: MATRIX to US Dollar (USD), MATRIX to Euro (EUR), MATRIX to Pound Sterling (GBP), MATRIX to Canadian Dollar (CAD), MATRIX to Indian Rupee (INR), MATRIX to Pakistani Rupee (PKR), MATRIX to Brazilian Real (BRL), MATRIX to…
The price of Matrix One in the US is $0.{4}1735 USD. Additionally, Matrix One’s price is €0.{4}1474 EUR in the eurozone, £0.{4}1275 GBP in the UK, C$0.{4}2389 CAD in Canada, ₹0.001529 INR in India, ₨0.004918 PKR in Pakistan, R$0.{4}9227 BRL in Brazil, and more.
The most popular Matrix One currency pair is the MATRIX to Ugandan shilling(UGX). The price of 1 Matrix One (MATRIX) in Ugandan shilling (UGX) is Sh0.06078.

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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.