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MDR to UGX Converter and calculator

MDR/UGX: 1 MDR = 60.87 UGX. The price of converting 1 Mudra MDR (MDR) to Ugandan shilling (UGX) is 60.87 UGX today.
MDR
MDR
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MDR to UGX real-time exchange rates, making it easy to convert Mudra MDR (MDR) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 MDR is currently valued at 60.87 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MDR is currently valued at 60.87 UGX, which means buying 5 MDR would cost 304.37 UGX. Similarly, Sh1 UGX can be converted to 0.01643 MDR, and Sh50 UGX can be converted to 0.08214 MDR, excluding any platform or gas fees.

Convert MDR to UGX

Convert UGX to MDR

Mudra MDR
Ugandan shilling
100 MDR
6,087.42  UGX
200 MDR
12,174.84  UGX
500 MDR
30,437.09  UGX
1000 MDR
60,874.18  UGX
5000 MDR
304,370.91  UGX
10000 MDR
608,741.81  UGX
In the table above, you'll find a comprehensive MDR to UGX converter that shows the value of Mudra MDR in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 MDR to UGX, all the way up to 10000 MDR, providing a clear view of their respective values.
Ugandan shilling
Mudra MDR
100000 UGX
1,642.73 MDR
In the table above, you'll find a comprehensive UGX to MDR converter that shows the value of Ugandan shilling in Mudra MDR across commonly used conversion amounts. The list covers conversions from 1 UGX to MDR, all the way up to 100000 UGX, providing a clear view of their respective values.

MDR to UGX chart

MDR/UGX: 1 MDR = 60.87 UGX; 2025/06/12 14:52:04
In the past 1D, Mudra MDR has changed -1.25% to UGX. Based on the trend and price charts, Mudra MDR(MDR) has changed -1.25% to UGX while Ugandan shilling(UGX) has changed % to MDR in the last 24 hours.
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MDR to UGX conversion data: Volatility and price changes of Mudra MDR in UGX

The highest Mudra MDR price in UGX over the past 7 days was 333.69 UGX while the lowest Mudra MDR price in UGX over the past 7 days was 251 UGX. The relative change between the highs and lows in Mudra MDR price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and MDR to UGX prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
283.49 UGX
333.69 UGX
502.18 UGX
1,254.93 UGX
Low
282.42 UGX
251 UGX
251 UGX
251 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-1.25%
-12.20%
-38.96%
-43.54%

Mudra MDR information

MDR to UGX market statistics

MDR/UGX:
Sh60.87
MDR 24h volume:
--
MDR market cap:
--
MDR circulating supply:
0 MDR

Current MDR to UGX exchange rate

Mudra MDR to Ugandan shilling is falling this week.
Mudra MDR's current market price is Sh60.87 per MDR, with a total market cap of Sh0 UGX based on a circulating supply of -- MDR. The trading volume of Mudra MDR has changed by 0.00% (Sh0 UGX) in the last 24 hours. Last trading day, MDR's trading volume was Sh0.

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

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How to convert MDR to UGX

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MDR to UGX Conversion tables

The exchange rate of Mudra MDR is decreasing.
The exchange rate of 1 MDR to Ugandan shilling has changed by -12.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.25%, reaching a high of 283.49 UGX and a low of 282.42 UGX . One month ago, the value of 1 MDR was Sh241.74 UGX , which represents a -38.96% change from its current value. Over the last year, Mudra MDR has changed by
-Sh
1,451.47UGX
, resulting in a change of -83.67% in its value.
24 hours ago1 month ago1 year ago
Amount14:52 today24 hours ago24h change
0.5 MDR
Sh30.44Sh32.23
-1.25%
1 MDR
Sh60.87Sh64.46
-1.25%
5 MDR
Sh304.37Sh322.3
-1.25%
10 MDR
Sh608.74Sh644.61
-1.25%
50 MDR
Sh3,043.71Sh3,223.05
-1.25%
100 MDR
Sh6,087.42Sh6,446.1
-1.25%
500 MDR
Sh30,437.09Sh32,230.48
-1.25%
1000 MDR
Sh60,874.18Sh64,460.96
-1.25%

MDR to UGX FAQ

How much is 1 Mudra MDR in UGX?
Right now, the price of 1 Mudra MDR (MDR) in Ugandan shilling (UGX) is Sh60.87.
How much MDR can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.01643 MDR for 1 UGX.
How do I calculate or convert MDR to UGX?
You can use our MDR to UGX calculator at the top of this page to convert any amount of MDR to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.08214 MDR, while 5 MDR will cost around 304.37UGX.
What is the highest price of MDR/UGX in history?
The all-time high price of 1 MDR in UGX is Sh197,306.52. It remains to be seen if the value of 1 MDR/UGX will exceed the current all-time high.
What is the price trend of Mudra MDR in UGX?
Over the past 7 days, the exchange rate of Mudra MDR (MDR) has gone down by 12.20%.   Over the last month, the exchange rate of Mudra MDR (MDR) has gone down by 38.96% against Ugandan shilling (UGX).

What factors influence the conversion rate of MDR to UGX?

There are many factors that affect the relationship between Mudra MDR 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 MDR/UGX. When there is positive news in the market about the widespread adoption of MDR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MDR/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MDR/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 MDR/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 Mudra MDR and adjust their investment strategies accordingly in the evolving market.

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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.