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base info Nexo

Nexo to Uruguayan Peso Converter and calculator

Convert 1Nexo (NEXO) to Uruguayan Peso (UYU) equals $ 54.94 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Nexo(NEXO) to Uruguayan Peso(UYU). This is the real-time data. The current conversion shows 1 NEXO at a value of 1 NEXO for 54.94 UYU . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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 Nexo currency pair is the NEXO to UYU, with for Nexo's currency code being NEXO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for UYU.

NEXO to UYU conversion rate trend

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In the past 1D, Nexo has changed -1.01% to UYU. Based on the trend and price charts, Nexo(NEXO) has changed -1.01% to UYU while Uruguayan Peso(UYU) has changed % to NEXO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
$55.06
0.0001% / 0.0004%vip-iconVIP
Binance
$55.03
0.1000% / 0.1000%
Yes
Huobi
$55.09
0.1000% / 0.1000%
Yes
Gate.io
$54.99
0.1000% / 0.1000%
Yes
Bybit
$55.1
0.1000% / 0.1000%
Yes
Bitfinex
$55.09
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 16:00:21(UTC+0)

How to buy Nexo

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Buy Nexo (NEXO)
Use a variety of payment options to buy Nexo on Bitget. We'll show you how.

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

Nexo to Uruguayan Peso is falling this week.
Nexo's current market price is $ 54.94 per NEXO, with a total market cap of $ 30,767,542,250.26 UYU based on a circulating supply of 560,000,000 NEXO. The trading volume of Nexo has changed by -22.46% ($ -53,336,084.28 UYU) in the last 24 hours. Last trading day, NEXO's trading volume was $ 237,425,979.36.
Market cap
$794.44M
24h volume
$4.75M
Circulating supply
560.00M NEXO

Conversion tables

The exchange rate of Nexo is increasing.
1 NEXO is currently valued at $ 54.94 UYU , which means buying 5 NEXO will cost $ 274.71 UYU . Similarly, $1 UYU can be traded for 0.01820 NEXO, and $50 UYU can be converted to 0.9100 NEXO, excluding any platform or gas fees.
The exchange rate of 1 NEXO to Uruguayan Peso has changed by -1.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.01%, reaching a high of 55.42 UYU and a low of 54.27 UYU . One month ago, the value of 1 NEXO was $ 49.93 UYU , which represents a +10.03% change from its current value. Over the last year, Nexo has changed by
+$
29.32UYU
, resulting in a change of +114.47% in its value.

NEXO to UYU

Amount
16:07 today
0.5 NEXO
$27.47
1 NEXO
$54.94
5 NEXO
$274.71
10 NEXO
$549.42
50 NEXO
$2,747.1
100 NEXO
$5,494.2
500 NEXO
$27,471.02
1000 NEXO
$54,942.04

UYU to NEXO

Amount16:07 today
0.5UYU0.009100  NEXO
1UYU0.01820  NEXO
5UYU0.09100  NEXO
10UYU0.1820  NEXO
50UYU0.9100  NEXO
100UYU1.82  NEXO
500UYU9.1  NEXO
1000UYU18.2  NEXO
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Today vs. 24 hours ago

Amount16:07 today24 hours ago24h change
0.5 NEXO$0.7093$0.7165
-1.01%
1 NEXO$1.42$1.43
-1.01%
5 NEXO$7.09$7.17
-1.01%
10 NEXO$14.19$14.33
-1.01%
50 NEXO$70.93$71.65
-1.01%
100 NEXO$141.86$143.31
-1.01%
500 NEXO$709.32$716.53
-1.01%
1000 NEXO$1,418.64$1,433.06
-1.01%

Today vs. 1 month ago

Amount16:07 today1 month ago1M change
0.5 NEXO$0.7093$0.6446
+10.03%
1 NEXO$1.42$1.29
+10.03%
5 NEXO$7.09$6.45
+10.03%
10 NEXO$14.19$12.89
+10.03%
50 NEXO$70.93$64.46
+10.03%
100 NEXO$141.86$128.93
+10.03%
500 NEXO$709.32$644.64
+10.03%
1000 NEXO$1,418.64$1,289.27
+10.03%
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Today vs. 1 year ago

Amount16:07 today1 year ago1Y change
0.5 NEXO$0.7093$0.3307
+114.47%
1 NEXO$1.42$0.6615
+114.47%
5 NEXO$7.09$3.31
+114.47%
10 NEXO$14.19$6.61
+114.47%
50 NEXO$70.93$33.07
+114.47%
100 NEXO$141.86$66.15
+114.47%
500 NEXO$709.32$330.73
+114.47%
1000 NEXO$1,418.64$661.46
+114.47%

Nexo price prediction

What will the price of NEXO be in 2025?

Based on NEXO's historical price performance prediction model, the price of NEXO is projected to reach $2.02 in 2025.

What will the price of NEXO be in 2030?

In 2030, the NEXO price is expected to rise by -1.00%. By the end of 2030, the NEXO price is projected to reach $4.15, with a cumulative ROI of +192.79%.
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Buy Nexo for 1 UYU
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Nexo and UYU.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Nexo and UYU. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Nexo in UYU, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.