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BAGS to MNT Converter and calculator

BAGS/MNT: 1 BAGS = 0.00 MNT. The price of converting 1 Basis Gold Share (BAGS) to Mongolian Tugrik (MNT) is 0.00 MNT today.
BAGS
BAGS
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAGS to MNT real-time exchange rates, making it easy to convert Basis Gold Share (BAGS) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 BAGS is currently valued at 0 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAGS is currently valued at 0 MNT, which means buying 5 BAGS would cost 0 MNT. Similarly, ₮1 MNT can be converted to Infinity BAGS, and ₮50 MNT can be converted to Infinity BAGS, excluding any platform or gas fees.

Convert BAGS to MNT

Convert MNT to BAGS

Basis Gold Share
Mongolian Tugrik
In the table above, you'll find a comprehensive BAGS to MNT converter that shows the value of Basis Gold Share in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 BAGS to MNT, all the way up to 10000 BAGS, providing a clear view of their respective values.
Mongolian Tugrik
Basis Gold Share
10000 MNT
Infinity BAGS
50000 MNT
Infinity BAGS
100000 MNT
Infinity BAGS
In the table above, you'll find a comprehensive MNT to BAGS converter that shows the value of Mongolian Tugrik in Basis Gold Share across commonly used conversion amounts. The list covers conversions from 1 MNT to BAGS, all the way up to 100000 MNT, providing a clear view of their respective values.

BAGS to MNT chart

BAGS/MNT: 1 BAGS = 0 MNT; 2025/04/28 10:21:04
In the past 1D, Basis Gold Share has changed -0.01% to MNT. Based on the trend and price charts, Basis Gold Share(BAGS) has changed -0.01% to MNT while Mongolian Tugrik(MNT) has changed % to BAGS in the last 24 hours.
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BAGS to MNT conversion data: Volatility and price changes of Basis Gold Share in MNT

The highest Basis Gold Share price in MNT over the past 7 days was 211 MNT while the lowest Basis Gold Share price in MNT over the past 7 days was 61.15 MNT. The relative change between the highs and lows in Basis Gold Share price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and BAGS to MNT prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
103.03 MNT
211 MNT
567.66 MNT
848.78 MNT
Low
102.9 MNT
61.15 MNT
66.6 MNT
61.15 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-0.01%
-43.79%
-75.43%
-79.71%

Basis Gold Share information

BAGS to MNT market statistics

BAGS/MNT:
--
BAGS 24h volume:
--
BAGS market cap:
--
BAGS circulating supply:
0 BAGS

Current BAGS to MNT exchange rate

Basis Gold Share to Mongolian Tugrik is falling this week.
Basis Gold Share's current market price is ₮0 per BAGS, with a total market cap of ₮0 MNT based on a circulating supply of -- BAGS. The trading volume of Basis Gold Share has changed by 0.00% (₮0 MNT) in the last 24 hours. Last trading day, BAGS's trading volume was ₮0.

More info about Basis Gold Share on Bitget

Mongolian Tugrik information

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.

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

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How to convert BAGS to MNT

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BAGS to MNT Conversion tables

The exchange rate of Basis Gold Share is decreasing.
The exchange rate of 1 BAGS to Mongolian Tugrik has changed by -43.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 103.03 MNT and a low of 102.9 MNT . One month ago, the value of 1 BAGS was ₮316.09 MNT , which represents a -75.43% change from its current value. Over the last year, Basis Gold Share has changed by
-
1,010.87MNT
, resulting in a change of -90.76% in its value.
24 hours ago1 month ago1 year ago
Amount10:21 am today24 hours ago24h change
0.5 BAGS₮0₮0.006684
-0.01%
1 BAGS₮0₮0.01337
-0.01%
5 BAGS₮0₮0.06684
-0.01%
10 BAGS₮0₮0.1337
-0.01%
50 BAGS₮0₮0.6684
-0.01%
100 BAGS₮0₮1.34
-0.01%
500 BAGS₮0₮6.68
-0.01%
1000 BAGS₮0₮13.37
-0.01%

BAGS to MNT FAQ

How much is 1 Basis Gold Share in MNT?
Right now, the price of 1 Basis Gold Share (BAGS) in Mongolian Tugrik (MNT) is ₮0.
How much BAGS can I buy for 1 MNT?
Based on the current exchange rate, you can get Infinity BAGS for 1 MNT.
How do I calculate or convert BAGS to MNT?
You can use our BAGS to MNT calculator at the top of this page to convert any amount of BAGS to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to Infinity BAGS, while 5 BAGS will cost around 0.00MNT.
What is the highest price of BAGS/MNT in history?
The all-time high price of 1 BAGS in MNT is ₮3,365,871.03. It remains to be seen if the value of 1 BAGS/MNT will exceed the current all-time high.
What is the price trend of Basis Gold Share in MNT?
Over the past 7 days, the exchange rate of Basis Gold Share (BAGS) has gone down by 43.79%.   Over the last month, the exchange rate of Basis Gold Share (BAGS) has gone down by 75.43% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of BAGS to MNT?

There are many factors that affect the relationship between Basis Gold Share and Mongolian Tugrik, 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 BAGS/MNT. When there is positive news in the market about the widespread adoption of BAGS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BAGS/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BAGS/MNT.
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 BAGS/MNT. 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 Basis Gold Share and adjust their investment strategies accordingly in the evolving market.

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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.