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Maker to Uruguayan Peso Converter and calculator

Convert 1Maker (MKR) to Uruguayan Peso (UYU) equals $ 114,322.71 | Bitget

UYU information

About Uruguayan Peso (UYU)

The Uruguayan Peso (UYU), introduced in 1896, is the official currency of Uruguay and a key symbol of the nation's economic stability and progress. It is commonly abbreviated as UYU and represented by the symbol $. The Peso's introduction marked a significant step in Uruguay's journey towards creating a robust and independent economy.

Historical Background

The introduction of the Uruguayan Peso was a crucial development in Uruguay’s economic history, reflecting the country's efforts to establish a stable and sovereign monetary system. The Peso replaced the Uruguayan currency known as the “patacón,” signifying Uruguay's transition from a largely agrarian economy to one more integrated with international markets.

Design and Symbolism

The design of the Uruguayan Peso reflects the nation’s cultural heritage and natural beauty. Banknotes and coins feature images of national heroes, landmarks, and symbols of Uruguay’s rich flora and fauna. These designs not only serve as a medium for financial transactions but also as reminders of Uruguay's unique identity and pride.

Economic Role

The Peso plays a central role in Uruguay’s economy, characterized by its robust agricultural sector, growing tourism industry, and a well-developed service sector. As the primary medium of exchange, it supports these sectors, facilitating trade, investment, and the everyday economic activities of Uruguayans.

Monetary Policy and Stability

Managed by the Central Bank of Uruguay, the Peso has maintained relative stability in a region often marked by economic volatility. The bank’s monetary policies focus on maintaining this stability, controlling inflation, and fostering a healthy economic environment conducive to growth and investment.

International Trade and the Uruguayan Peso

In international trade, the stability of the Peso is crucial, particularly for Uruguay's exports such as beef, soybeans, and dairy products. A stable Peso is vital for maintaining competitive export prices and for managing the import of goods.

Remittances and Economic Impact

Remittances from Uruguayans living abroad, particularly in Spain, Argentina, and the USA, are a significant source of foreign income. These remittances, converted into Pesos, support many families and contribute to the national economy.

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Bitget crypto-to-fiat exchange data shows that the most popular Maker currency pair is the MKR to UYU, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UYU.

MKR to UYU conversion rate trend

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In the past 1D, Maker has changed -8.24% to UYU. Based on the trend and price charts, Maker(MKR) has changed -8.24% to UYU while Uruguayan Peso(UYU) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$114,414.32
0.0001% / 0.0004%vip-iconVIP
Binance
$114,495.63
0.1000% / 0.1000%
Yes
OKX
$114,449.17
0.080% / 0.100%
Yes
Huobi
$114,417.03
0.1000% / 0.1000%
Yes
Gate.io
$114,458.46
0.1000% / 0.1000%
Yes
Bybit
$114,414.32
0.1000% / 0.1000%
Yes
KuCoin
$114,564.55
0.1000% / 0.1000%
Yes
Bitfinex
$114,530.48
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 05:00:36(UTC+0)

What factors influence the conversion rate of Maker to Uruguayan Peso?

Maker to Uruguayan Peso is falling this week.
Maker's current market price is $ 114,322.71 per MKR, with a total market cap of $ 105,716,174,878.61 UYU based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by +6.33% ($ 304,930,194.05 UYU) in the last 24 hours. Last trading day, MKR's trading volume was $ 4,816,766,089.33.
Market cap
$2.73B
24h volume
$132.27M
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at $ 114,322.71 UYU , which means buying 5 MKR will cost $ 571,613.53 UYU . Similarly, $1 UYU can be traded for 0.{5}8747 MKR, and $50 UYU can be converted to 0.0004374 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Uruguayan Peso has changed by -12.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.24%, reaching a high of 124,531.19 UYU and a low of 110,130.94 UYU . One month ago, the value of 1 MKR was $ 107,774.8 UYU , which represents a +6.08% change from its current value. Over the last year, Maker has changed by
+$
8,888.83UYU
, resulting in a change of +309.12% in its value.

MKR to UYU

Amount
05:10 am today
0.5 MKR
$57,161.35
1 MKR
$114,322.71
5 MKR
$571,613.53
10 MKR
$1,143,227.07
50 MKR
$5,716,135.35
100 MKR
$11,432,270.7
500 MKR
$57,161,353.49
1000 MKR
$114,322,706.99

UYU to MKR

Amount05:10 am today
0.5UYU0.{5}4374  MKR
1UYU0.{5}8747  MKR
5UYU0.{4}4374  MKR
10UYU0.{4}8747  MKR
50UYU0.0004374  MKR
100UYU0.0008747  MKR
500UYU0.004374  MKR
1000UYU0.008747  MKR
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Today vs. 24 hours ago

Amount05:10 am today24 hours ago24h change
0.5 MKR$1,476.27$1,608.8
-8.24%
1 MKR$2,952.53$3,217.6
-8.24%
5 MKR$14,762.67$16,088
-8.24%
10 MKR$29,525.34$32,175.99
-8.24%
50 MKR$147,626.7$160,879.95
-8.24%
100 MKR$295,253.4$321,759.9
-8.24%
500 MKR$1,476,267$1,608,799.5
-8.24%
1000 MKR$2,952,534$3,217,599
-8.24%

Today vs. 1 month ago

Amount05:10 am today1 month ago1M change
0.5 MKR$1,476.27$1,391.71
+6.08%
1 MKR$2,952.53$2,783.43
+6.08%
5 MKR$14,762.67$13,917.13
+6.08%
10 MKR$29,525.34$27,834.26
+6.08%
50 MKR$147,626.7$139,171.29
+6.08%
100 MKR$295,253.4$278,342.58
+6.08%
500 MKR$1,476,267$1,391,712.9
+6.08%
1000 MKR$2,952,534$2,783,425.8
+6.08%

Today vs. 1 year ago

Amount05:10 am today1 year ago1Y change
0.5 MKR$1,476.27$361.48
+309.12%
1 MKR$2,952.53$722.97
+309.12%
5 MKR$14,762.67$3,614.84
+309.12%
10 MKR$29,525.34$7,229.68
+309.12%
50 MKR$147,626.7$36,148.41
+309.12%
100 MKR$295,253.4$72,296.83
+309.12%
500 MKR$1,476,267$361,484.13
+309.12%
1000 MKR$2,952,534$722,968.26
+309.12%

FAQ

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.