Currency exchange rate Uganda Shilling against the Metal. Chart, history price and prediction on tomorrow, next month, 2024 year
On this page, you can always find detailed information about the Uganda Shilling currency exchange rate against the Metal currency:
currency exchange rate history, background information, prediction and more about UGX/MTL
Chart of History of changes in the UGX/MTL exchange rate
UGX/MTL exchange rate on today
05 20, 2024
1 UGX = 0.00013611 MTL
▼ -6.46 %
This page provides information about the currency pair Uganda Shilling/Metal, and more precisely about how much 1 Uganda Shilling costs in Metal.
Data on the currency pair UGX/MTL are presented by the world's leading exchanges and Central banks of the countries that issue these currencies. We constantly update this data so that you get only the most up-to-date information about the currency pair UGX/MTL and make a balanced decision about buying and selling the currency you are interested in.
The page also provides information about the dynamics of the exchange rate of Uganda Shilling/Metal, statistics and prediction of the exchange rate of these currencies in the near future from our experts.
How to make a forecast for currencies and cryptocurrencies?
There are several approaches to forecasting the exchange rate of currencies and cryptocurrencies:
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Fundamental analysis: This approach involves analyzing economic and financial data to determine the intrinsic value of a currency or cryptocurrency. This can include factors such as interest rates, inflation rates, economic growth, political stability, and fiscal policy. Based on this analysis, investors can make predictions about the future exchange rate.
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Technical analysis: This approach involves analyzing past market data, such as price and volume, to identify patterns and trends that can be used to predict future market movements. Technical analysis can be used to identify support and resistance levels, momentum indicators, and other factors that can influence the exchange rate.
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Sentiment analysis: This approach involves analyzing market sentiment and investor behavior to predict future market movements. Sentiment analysis can include monitoring social media, news articles, and other sources of market sentiment to gauge investor sentiment and predict market movements.
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Machine learning: This approach involves using statistical models and machine learning algorithms to analyze vast amounts of market data and make predictions about future market movements. Machine learning can be used to identify patterns and relationships in market data that might not be visible to the human eye.
In summary, there are several approaches to forecasting the exchange rate of currencies and cryptocurrencies, including fundamental analysis, technical analysis, sentiment analysis, and machine learning. Each approach has its strengths and weaknesses, and investors may use a combination of approaches to make more accurate predictions about future market movements.
Change in the UGX/MTL exchange rate over the past 30 days
For the last 30 days (04 21, 2024 — 05 20, 2024) the Uganda Shilling exchange rate against the Metal currency changed by -11.44% (0.00015369 MTL — 0.00013611 MTL)
Change in the UGX/MTL exchange rate over the past 90 days
For the last 90 days (02 21, 2024 — 05 20, 2024) the Uganda Shilling exchange rate against the Metal currency changed by -10.65% (0.00015233 MTL — 0.00013611 MTL)
Change in the UGX/MTL exchange rate over the past 365 days
For the last 365 days (05 22, 2023 — 05 20, 2024) the Uganda Shilling exchange rate against the Metal currency changed by -48.98% (0.00026676 MTL — 0.00013611 MTL)
Change in the UGX/MTL exchange rate for all time
For all the time our site has been running (04 10, 2020 — 05 20, 2024) the Uganda Shilling exchange rate against the Metal currency changed by -87% (0.00104673 MTL — 0.00013611 MTL)
Uganda Shilling/Metal price prediction
Uganda Shilling/Metal price prediction for the next 30 days*
21/05 | 0.0001341 MTL | ▼ -1.47 % |
22/05 | 0.00013313 MTL | ▼ -0.73 % |
23/05 | 0.00013522 MTL | ▲ 1.57 % |
24/05 | 0.00013248 MTL | ▼ -2.02 % |
25/05 | 0.00013617 MTL | ▲ 2.78 % |
26/05 | 0.00013194 MTL | ▼ -3.11 % |
27/05 | 0.00013542 MTL | ▲ 2.64 % |
28/05 | 0.00013477 MTL | ▼ -0.48 % |
29/05 | 0.00014018 MTL | ▲ 4.02 % |
30/05 | 0.0001439 MTL | ▲ 2.65 % |
31/05 | 0.00014631 MTL | ▲ 1.68 % |
01/06 | 0.00014391 MTL | ▼ -1.64 % |
02/06 | 0.00014116 MTL | ▼ -1.91 % |
03/06 | 0.00013678 MTL | ▼ -3.1 % |
04/06 | 0.00013619 MTL | ▼ -0.43 % |
05/06 | 0.00013616 MTL | ▼ -0.03 % |
06/06 | 0.00013658 MTL | ▲ 0.31 % |
07/06 | 0.00013434 MTL | ▼ -1.64 % |
08/06 | 0.00012955 MTL | ▼ -3.57 % |
09/06 | 0.00012476 MTL | ▼ -3.7 % |
10/06 | 0.00012776 MTL | ▲ 2.41 % |
11/06 | 0.0001308 MTL | ▲ 2.38 % |
12/06 | 0.00013341 MTL | ▲ 2 % |
13/06 | 0.00013404 MTL | ▲ 0.47 % |
14/06 | 0.00012862 MTL | ▼ -4.04 % |
15/06 | 0.00012376 MTL | ▼ -3.78 % |
16/06 | 0.00011925 MTL | ▼ -3.64 % |
17/06 | 0.00011832 MTL | ▼ -0.78 % |
18/06 | 0.00012378 MTL | ▲ 4.62 % |
19/06 | 0.00012727 MTL | ▲ 2.82 % |
* — Price prediction of the Uganda Shilling/Metal currency pair are compiled by our specialists based on statistical data, global trends and major business news. Price prediction for 30 days, 3 months, and a year are made by different experts and may have slight differences.
Uganda Shilling/Metal price prediction for the next 3 months*
27/05 — 02/06 | 0.00012858 MTL | ▼ -5.53 % |
03/06 — 09/06 | 0.00010729 MTL | ▼ -16.56 % |
10/06 — 16/06 | 0.00012182 MTL | ▲ 13.55 % |
17/06 — 23/06 | 0.00011277 MTL | ▼ -7.43 % |
24/06 — 30/06 | 0.00011497 MTL | ▲ 1.95 % |
01/07 — 07/07 | 0.00012012 MTL | ▲ 4.47 % |
08/07 — 14/07 | 0.00015408 MTL | ▲ 28.28 % |
15/07 — 21/07 | 0.00014457 MTL | ▼ -6.18 % |
22/07 — 28/07 | 0.00014883 MTL | ▲ 2.95 % |
29/07 — 04/08 | 0.00014761 MTL | ▼ -0.82 % |
05/08 — 11/08 | 0.00014385 MTL | ▼ -2.55 % |
12/08 — 18/08 | 0.00013399 MTL | ▼ -6.85 % |
Uganda Shilling/Metal price prediction for the next year*
06/2024 | 0.00013783 MTL | ▲ 1.26 % |
07/2024 | 0.00013091 MTL | ▼ -5.02 % |
08/2024 | 0.00016241 MTL | ▲ 24.06 % |
09/2024 | 0.00013523 MTL | ▼ -16.74 % |
10/2024 | 0.00010312 MTL | ▼ -23.74 % |
11/2024 | 0.00009989 MTL | ▼ -3.13 % |
12/2024 | 0.00010042 MTL | ▲ 0.53 % |
01/2025 | 0.00011704 MTL | ▲ 16.56 % |
02/2025 | 0.00007549 MTL | ▼ -35.5 % |
03/2025 | 0.000064 MTL | ▼ -15.22 % |
04/2025 | 0.00009182 MTL | ▲ 43.47 % |
05/2025 | 0.00008346 MTL | ▼ -9.1 % |
Uganda Shilling/Metal exchange rate statistics
For 30 days | |
---|---|
Minimum | 0.00013836 MTL |
Maximum | 0.00015882 MTL |
Weighted Average | 0.00015162 MTL |
For 90 days | |
Minimum | 0.0000967 MTL |
Maximum | 0.00017204 MTL |
Weighted Average | 0.0001379 MTL |
For 365 days | |
Minimum | 0.0000967 MTL |
Maximum | 0.00026473 MTL |
Weighted Average | 0.00018076 MTL |
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