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MKL to UGX Converter and calculator

MKL/UGX: 1 MKL = 202.11 UGX. The price of converting 1 Merkle Trade (MKL) to Ugandan shilling (UGX) is 202.11 UGX today.
MKL
MKL
UGX
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MKL to UGX real-time exchange rates, making it easy to convert Merkle Trade (MKL) to Ugandan shilling (UGX). The conversion result is based on real-time data. The conversion result shows that 1 MKL is currently valued at 202.11 UGX. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MKL is currently valued at 202.11 UGX, which means buying 5 MKL would cost 1,010.55 UGX. Similarly, Sh1 UGX can be converted to 0.004948 MKL, and Sh50 UGX can be converted to 0.02474 MKL, excluding any platform or gas fees.

Convert MKL to UGX

Convert UGX to MKL

Merkle Trade
Ugandan shilling
1 MKL
202.11  UGX
Exchange 1 MKL for 202.11 UGX
2 MKL
404.22  UGX
Exchange 2 MKL for 404.22 UGX
5 MKL
1,010.55  UGX
Exchange 5 MKL for 1,010.55 UGX
10 MKL
2,021.1  UGX
Exchange 10 MKL for 2,021.1 UGX
20 MKL
4,042.2  UGX
Exchange 20 MKL for 4,042.2 UGX
50 MKL
10,105.49  UGX
Exchange 50 MKL for 10,105.49 UGX
100 MKL
20,210.98  UGX
Exchange 100 MKL for 20,210.98 UGX
200 MKL
40,421.97  UGX
Exchange 200 MKL for 40,421.97 UGX
500 MKL
101,054.92  UGX
Exchange 500 MKL for 101,054.92 UGX
1000 MKL
202,109.85  UGX
Exchange 1000 MKL for 202,109.85 UGX
5000 MKL
1,010,549.24  UGX
Exchange 5000 MKL for 1,010,549.24 UGX
10000 MKL
2,021,098.47  UGX
Exchange 10000 MKL for 2,021,098.47 UGX
In the table above, you'll find a comprehensive MKL to UGX converter that shows the value of Merkle Trade in Ugandan shilling across commonly used conversion amounts. The list covers conversions from 1 MKL to UGX, all the way up to 10000 MKL, providing a clear view of their respective values.
Ugandan shilling
Merkle Trade
1 UGX
0.004948 MKL
Exchange 1 UGX for 0.004948 MKL
10 UGX
0.04948 MKL
Exchange 10 UGX for 0.04948 MKL
50 UGX
0.2474 MKL
Exchange 50 UGX for 0.2474 MKL
100 UGX
0.4948 MKL
Exchange 100 UGX for 0.4948 MKL
200 UGX
0.9896 MKL
Exchange 200 UGX for 0.9896 MKL
500 UGX
2.47 MKL
Exchange 500 UGX for 2.47 MKL
1000 UGX
4.95 MKL
Exchange 1000 UGX for 4.95 MKL
2000 UGX
9.9 MKL
Exchange 2000 UGX for 9.9 MKL
5000 UGX
24.74 MKL
Exchange 5000 UGX for 24.74 MKL
10000 UGX
49.48 MKL
Exchange 10000 UGX for 49.48 MKL
50000 UGX
247.39 MKL
Exchange 50000 UGX for 247.39 MKL
100000 UGX
494.78 MKL
Exchange 100000 UGX for 494.78 MKL
In the table above, you'll find a comprehensive UGX to MKL converter that shows the value of Ugandan shilling in Merkle Trade across commonly used conversion amounts. The list covers conversions from 1 UGX to MKL, all the way up to 100000 UGX, providing a clear view of their respective values.

MKL to UGX chart

MKL/UGX: 1 MKL = 202.11 UGX; 2025/09/19 08:33:05
In the past 1D, Merkle Trade has changed -6.36% to UGX. Based on the trend and price charts, Merkle Trade(MKL) has changed -6.36% to UGX while Ugandan shilling(UGX) has changed % to MKL in the last 24 hours.
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MKL to UGX conversion data: Volatility and price changes of Merkle Trade in UGX

The highest Merkle Trade price in UGX over the past 7 days was 217.89 UGX while the lowest Merkle Trade price in UGX over the past 7 days was 200.92 UGX. The relative change between the highs and lows in Merkle Trade price in UGX over the last 7 days indicates a volatility of %. You can view additional volatility data and MKL 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
217.08 UGX
217.89 UGX
245.81 UGX
335.56 UGX
Low
202.34 UGX
200.92 UGX
186.78 UGX
186.78 UGX
Average
0 UGX
0 UGX
0 UGX
0 UGX
Volatility
%
%
%
%
Change
-6.36%
+4.61%
-7.50%
-33.62%

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Buy MKL (or USDT) for UGX (Ugandan Shilling) offers
Bitget P2P trading does not currently support direct buying of MKL with UGX. However, you can buy USDT in Bitget P2P trading first, and then buy MKL with USDT via Bitget spot market.
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Merkle Trade information

MKL to UGX market statistics

MKL/UGX:
Sh202.11
MKL 24h volume:
--
MKL market cap:
--
MKL circulating supply:
0 MKL

Current MKL to UGX exchange rate

Merkle Trade to Ugandan shilling is rising this week.
Merkle Trade's current market price is Sh202.11 per MKL, with a total market cap of Sh0 UGX based on a circulating supply of -- MKL. The trading volume of Merkle Trade has changed by -100.00% (Sh-- UGX) in the last 24 hours. Last trading day, MKL's trading volume was Sh--.

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

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How to convert MKL to UGX

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MKL to UGX Conversion tables

The exchange rate of Merkle Trade is decreasing.
The exchange rate of 1 MKL to Ugandan shilling has changed by +4.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.36%, reaching a high of 217.08 UGX and a low of 202.34 UGX . One month ago, the value of 1 MKL was Sh218.51 UGX , which represents a -7.50% change from its current value. Over the last year, Merkle Trade has changed by
-Sh
257.57UGX
, resulting in a change of -56.00% in its value.
24 hours ago1 month ago1 year ago
Amount 08:33 am today 24 hours ago 24h change
0.5 MKL
Sh101.05Sh107.93
-6.36%
1 MKL
Sh202.11Sh215.85
-6.36%
5 MKL
Sh1,010.55Sh1,079.27
-6.36%
10 MKL
Sh2,021.1Sh2,158.54
-6.36%
50 MKL
Sh10,105.49Sh10,792.72
-6.36%
100 MKL
Sh20,210.98Sh21,585.44
-6.36%
500 MKL
Sh101,054.92Sh107,927.22
-6.36%
1000 MKL
Sh202,109.85Sh215,854.44
-6.36%

MKL to UGX FAQ

How much is 1 Merkle Trade in UGX?
Right now, the price of 1 Merkle Trade (MKL) in Ugandan shilling (UGX) is Sh202.11.
How much MKL can I buy for 1 UGX?
Based on the current exchange rate, you can get 0.004948 MKL for 1 UGX.
How do I calculate or convert MKL to UGX?
You can use our MKL to UGX calculator at the top of this page to convert any amount of MKL to UGX. We've also included quick-reference tables for the most popular conversions. For example, 5 UGX is equivalent to 0.02474 MKL, while 5 MKL will cost around 1,010.55UGX.
What is the highest price of MKL/UGX in history?
The all-time high price of 1 MKL in UGX is Sh1,625.35. It remains to be seen if the value of 1 MKL/UGX will exceed the current all-time high.
What is the price trend of Merkle Trade in UGX?
Over the past 7 days, the exchange rate of Merkle Trade (MKL) has gone up by 4.61%.   Over the last month, the exchange rate of Merkle Trade (MKL) has gone down by 7.50% against Ugandan shilling (UGX).

What factors influence the conversion rate of MKL to UGX?

There are many factors that affect the relationship between Merkle Trade 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 MKL/UGX. When there is positive news in the market about the widespread adoption of MKL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MKL/UGX. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MKL/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 MKL/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 Merkle Trade 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 Merkle Trade currency pairs: MKL to US Dollar (USD), MKL to Euro (EUR), MKL to Pound Sterling (GBP), MKL to Canadian Dollar (CAD), MKL to Indian Rupee (INR), MKL to Pakistani Rupee (PKR), MKL to Brazilian Real (BRL), MKL to…
The price of Merkle Trade in the US is $0.05769 USD. Additionally, Merkle Trade’s price is €0.04905 EUR in the eurozone, £0.04275 GBP in the UK, C$0.07969 CAD in Canada, ₹5.09 INR in India, ₨16.32 PKR in Pakistan, R$0.3061 BRL in Brazil, and more.
The most popular Merkle Trade currency pair is the MKL to Ugandan shilling(UGX). The price of 1 Merkle Trade (MKL) in Ugandan shilling (UGX) is Sh202.11.

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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.