Bitget App
common_footer.down_desc
common_header.buy_cryptocommon_header.marketscommon_header.tradecommon_header.futurescommon_header.social_tradingcommon_header.grid_tradingcommon_header.earn
base info XRPCHAIN

calculator.detail.title

calculator.detail.title_des
RIPPLE CHAIN
RIPPLE CHAIN
swap
MNT
coin.update_time (UTC+0)calculator.common.refreshrefresh
widget.page_site
calculator.detail.computed_des

calculator.fiat.title

About Mongolian Tugrik (MNT)

The Mongolian Tugrik (MNT), introduced in 1925, is more than just the official currency of Mongolia; it represents the country's rich cultural heritage and its journey through economic transitions. It is commonly abbreviated as MNT and represented by the symbol ₮. As Mongolia navigated its path from a Soviet-style economy to a market-oriented system, the Tugrik has played a pivotal role in the nation's socio-economic development.

Historical Background

The introduction of the Tugrik was a significant step in Mongolia's early years as an independent nation, symbolizing its move away from the Chinese and Russian currencies that had previously circulated. The Tugrik's establishment was part of Mongolia's broader efforts to assert its national sovereignty and economic independence.

Design and Symbolism

The design of the Mongolian Tugrik reflects the country's deep historical roots and nomadic culture. Banknotes and coins feature images of historic Mongolian leaders like Genghis Khan and Damdin Sükhbaatar, along with traditional symbols and motifs that celebrate Mongolia's rich history and cultural identity. These designs are not merely for financial transactions; they are imbued with national pride.

Economic Role

The Tugrik plays a crucial role in Mongolia’s economy, characterized by its mining sector, agriculture, and growing service industry. As the primary medium of exchange, it facilitates domestic trade and is vital for everyday economic activities, from urban centers to rural nomadic communities.

Monetary Policy and Inflation

Managed by the Bank of Mongolia, the Tugrik has faced challenges like inflation and currency devaluation, particularly during times of economic uncertainty. The bank's monetary policies aim to stabilize the Tugrik, which is crucial for maintaining economic confidence and fostering investment.

International Trade and the Mongolian Tugrik

The Tugrik’s exchange rate plays a significant role in international trade, particularly for Mongolia's key exports like copper, coal, and cashmere. A stable Tugrik is important for maintaining competitive export prices and fostering a favorable trade balance.

Remittances and the Economy

Remittances from Mongolians working abroad, primarily in South Korea and Japan, are a vital source of foreign income. These remittances, converted into Tugriks, support many families and contribute to the national economy.

coin.about_expand
calculator.fiat.text_2

calculator.detail.trend

1D7D1M3M1YAll
calculator.detail.trend_des

calculator.compare.title

calculator.compare.exchangecalculator.compare.pricecalculator.compare.maker_feecalculator.compare.tradable
Bitgethot-iconcalculator.compare.best
₮812.4
0.0200% / 0.0320%vip-iconcalculator.compare.vip
coin.update_time(UTC+0)

calculator.right.title

buy-coin-step-0-img
calculator.htb.step1_title
calculator.htb.step1_des
buy-coin-step-1-img
calculator.htb.step2_title
calculator.htb.step2_des
buy-coin-step-2-img
calculator.htb.step4_title
calculator.htb.step4_des

calculator.p2p.buy_title

calculator.p2p.buy_desc3
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.low_to_high
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.p2p.sell_title

calculator.p2p.sell_desc4
calculator.p2p.trade_and_ratecalculator.p2p.pricecalculator.p2p.amt_limit
calculator.p2p.high_to_low
calculator.p2p.pay_methods
calculator.p2p.fee_tips
calculator.p2p.action
calculator.p2p.no_data

calculator.detail.affect_title

calculator.detail.affect_down
calculator.detail.affect_today
calculator.detail.affect_market
$0
calculator.detail.affect_valume
$0
calculator.detail.affect_supply
0 RIPPLE CHAIN

calculator.detail.conversion_table

calculator.detail.conversion_up
calculator.detail.conversion_des1
calculator.detail.conversion_des2

coin.current_to_local

coin.amount
calculator.detail.time_
0.5 RIPPLE CHAIN
406.2
1 RIPPLE CHAIN
812.4
5 RIPPLE CHAIN
4,062.01
10 RIPPLE CHAIN
8,124.01
50 RIPPLE CHAIN
40,620.06
100 RIPPLE CHAIN
81,240.13
500 RIPPLE CHAIN
406,200.64
1000 RIPPLE CHAIN
812,401.28

coin.current_to_local

coin.amountcalculator.detail.time_
0.5MNT0.0006155  RIPPLE CHAIN
1MNT0.001231  RIPPLE CHAIN
5MNT0.006155  RIPPLE CHAIN
10MNT0.01231  RIPPLE CHAIN
50MNT0.06155  RIPPLE CHAIN
100MNT0.1231  RIPPLE CHAIN
500MNT0.6155  RIPPLE CHAIN
1000MNT1.23  RIPPLE CHAIN

calculator.detail.price_24

coin.amountcalculator.detail.time_calculator.detail.price_24_agocalculator.detail.price_24_change
0.5 RIPPLE CHAIN$0.1195$0.1037
+16.80%
1 RIPPLE CHAIN$0.2391$0.2075
+16.80%
5 RIPPLE CHAIN$1.2$1.04
+16.80%
10 RIPPLE CHAIN$2.39$2.07
+16.80%
50 RIPPLE CHAIN$11.95$10.37
+16.80%
100 RIPPLE CHAIN$23.91$20.75
+16.80%
500 RIPPLE CHAIN$119.54$103.73
+16.80%
1000 RIPPLE CHAIN$239.08$207.46
+16.80%

calculator.detail.price_month

coin.amountcalculator.detail.time_calculator.detail.price_month_agocalculator.detail.price_month_change
0.5 RIPPLE CHAIN$0.1195$0.03653
+308.40%
1 RIPPLE CHAIN$0.2391$0.07307
+308.40%
5 RIPPLE CHAIN$1.2$0.3653
+308.40%
10 RIPPLE CHAIN$2.39$0.7307
+308.40%
50 RIPPLE CHAIN$11.95$3.65
+308.40%
100 RIPPLE CHAIN$23.91$7.31
+308.40%
500 RIPPLE CHAIN$119.54$36.53
+308.40%
1000 RIPPLE CHAIN$239.08$73.07
+308.40%

calculator.detail.price_year

coin.amountcalculator.detail.time_calculator.detail.price_year_agocalculator.detail.price_year_change
0.5 RIPPLE CHAIN$0.1195$0.01370
+2594.07%
1 RIPPLE CHAIN$0.2391$0.02739
+2594.07%
5 RIPPLE CHAIN$1.2$0.1370
+2594.07%
10 RIPPLE CHAIN$2.39$0.2739
+2594.07%
50 RIPPLE CHAIN$11.95$1.37
+2594.07%
100 RIPPLE CHAIN$23.91$2.74
+2594.07%
500 RIPPLE CHAIN$119.54$13.7
+2594.07%
1000 RIPPLE CHAIN$239.08$27.39
+2594.07%

coin.prediction

coin.prediction_question

price_predict.text_introduce

coin.prediction_question

price_predict.prediction_content

calculator.earn.title

calculator.earn.des
calculator.earn.coin

calculator.earn.apr

calculator.earn.action

calculator.p2p.latest_coins_title

calculator.p2p.latest_coins_desc

faq.title

calculator.faq.question1

calculator.faq.answer1

calculator.faq.question2

calculator.faq.answer2

calculator.faq.question3

calculator.faq.answer3

calculator.faq.question4

calculator.faq.answer4

calculator.faq.question5

calculator.faq.answer5

calculator.faq.question6

calculator.faq.answer6
calculator.detail.disclaimers