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ERN to MNT Converter and calculator

ERN/MNT: 1 ERN = 3,359.93 MNT. The price of converting 1 Ethos Reserve Note (ERN) to Mongolian Tugrik (MNT) is 3,359.93 MNT today.
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ERN
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ERN to MNT real-time exchange rates, making it easy to convert Ethos Reserve Note (ERN) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 ERN is currently valued at 3359.93 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ERN is currently valued at 3359.93 MNT, which means buying 5 ERN would cost 16799.64 MNT. Similarly, ₮1 MNT can be converted to 0.0002976 ERN, and ₮50 MNT can be converted to 0.001488 ERN, excluding any platform or gas fees.

Convert ERN to MNT

Convert MNT to ERN

Ethos Reserve Note
Mongolian Tugrik
10 ERN
33,599.28  MNT
20 ERN
67,198.57  MNT
50 ERN
167,996.42  MNT
100 ERN
335,992.85  MNT
200 ERN
671,985.69  MNT
500 ERN
1,679,964.23  MNT
1000 ERN
3,359,928.47  MNT
5000 ERN
16,799,642.34  MNT
10000 ERN
33,599,284.68  MNT
In the table above, you'll find a comprehensive ERN to MNT converter that shows the value of Ethos Reserve Note in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 ERN to MNT, all the way up to 10000 ERN, providing a clear view of their respective values.
Mongolian Tugrik
Ethos Reserve Note
In the table above, you'll find a comprehensive MNT to ERN converter that shows the value of Mongolian Tugrik in Ethos Reserve Note across commonly used conversion amounts. The list covers conversions from 1 MNT to ERN, all the way up to 100000 MNT, providing a clear view of their respective values.

ERN to MNT chart

ERN/MNT: 1 ERN = 3,359.93 MNT; 2025/04/28 18:40:39
In the past 1D, Ethos Reserve Note has changed -0.01% to MNT. Based on the trend and price charts, Ethos Reserve Note(ERN) has changed -0.01% to MNT while Mongolian Tugrik(MNT) has changed % to ERN in the last 24 hours.
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ERN to MNT conversion data: Volatility and price changes of Ethos Reserve Note in MNT

The highest Ethos Reserve Note price in MNT over the past 7 days was 3,382 MNT while the lowest Ethos Reserve Note price in MNT over the past 7 days was 3,297.18 MNT. The relative change between the highs and lows in Ethos Reserve Note price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and ERN 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
3,373.18 MNT
3,382 MNT
3,805.35 MNT
3,805.35 MNT
Low
3,332.72 MNT
3,297.18 MNT
3,063.28 MNT
3,063.28 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-0.01%
+1.90%
-1.23%
-6.00%

Ethos Reserve Note information

ERN to MNT market statistics

ERN/MNT:
₮3,359.93
ERN 24h volume:
₮3,007,339.82
ERN market cap:
--
ERN circulating supply:
0 ERN

Current ERN to MNT exchange rate

Ethos Reserve Note to Mongolian Tugrik is rising this week.
Ethos Reserve Note's current market price is ₮3,359.93 per ERN, with a total market cap of ₮0 MNT based on a circulating supply of -- ERN. The trading volume of Ethos Reserve Note has changed by +53.32% (₮1,045,856.84 MNT) in the last 24 hours. Last trading day, ERN's trading volume was ₮1,961,482.98.

More info about Ethos Reserve Note 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 Ethos Reserve Note currency pair is the ERN to MNT, with for Ethos Reserve Note's currency code being ERN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

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How to convert ERN to MNT

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1 ERN to ¥7.21 CNY
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1 ERN to $0.9888 USD
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1 ERN to €0.8662 EUR
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1 ERN to C$1.37 CAD
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1 ERN to ₩1,419.47 KRW
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1 ERN to ¥140.57 JPY
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ERN to MNT
1 ERN to ₮3,359.93 MNT
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1 ERN to £0.7368 GBP
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ERN to MNT Conversion tables

The exchange rate of Ethos Reserve Note is decreasing.
The exchange rate of 1 ERN to Mongolian Tugrik has changed by +1.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 3,373.18 MNT and a low of 3,332.72 MNT . One month ago, the value of 1 ERN was ₮3,401.8 MNT , which represents a -1.23% change from its current value. Over the last year, Ethos Reserve Note has changed by
-
10.33MNT
, resulting in a change of -0.31% in its value.
24 hours ago1 month ago1 year ago
Amount18:40 today24 hours ago24h change
0.5 ERN₮1,679.96₮1,680.06
-0.01%
1 ERN₮3,359.93₮3,360.11
-0.01%
5 ERN₮16,799.64₮16,800.57
-0.01%
10 ERN₮33,599.28₮33,601.15
-0.01%
50 ERN₮167,996.42₮168,005.73
-0.01%
100 ERN₮335,992.85₮336,011.45
-0.01%
500 ERN₮1,679,964.23₮1,680,057.25
-0.01%
1000 ERN₮3,359,928.47₮3,360,114.51
-0.01%

ERN to MNT FAQ

How much is 1 Ethos Reserve Note in MNT?
Right now, the price of 1 Ethos Reserve Note (ERN) in Mongolian Tugrik (MNT) is ₮3,359.93.
How much ERN can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.0002976 ERN for 1 MNT.
How do I calculate or convert ERN to MNT?
You can use our ERN to MNT calculator at the top of this page to convert any amount of ERN to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.001488 ERN, while 5 ERN will cost around 16,799.64MNT.
What is the highest price of ERN/MNT in history?
The all-time high price of 1 ERN in MNT is ₮3,890.85. It remains to be seen if the value of 1 ERN/MNT will exceed the current all-time high.
What is the price trend of Ethos Reserve Note in MNT?
Over the past 7 days, the exchange rate of Ethos Reserve Note (ERN) has gone up by 1.90%.   Over the last month, the exchange rate of Ethos Reserve Note (ERN) has gone down by 1.23% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of ERN to MNT?

There are many factors that affect the relationship between Ethos Reserve Note 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 ERN/MNT. When there is positive news in the market about the widespread adoption of ERN or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ERN/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ERN/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 ERN/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 Ethos Reserve Note 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.