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Hedera to Mongolian Tugrik Converter and calculator

Convert 1Hedera (HBAR) to Mongolian Tugrik (MNT) equals ₮ 387.74 | 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 Hedera(HBAR) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 HBAR at a value of 1 HBAR for 387.74 MNT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MNT 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.

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

HBAR to MNT conversion rate trend

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In the past 1D, Hedera has changed +0.08% to MNT. Based on the trend and price charts, Hedera(HBAR) has changed +0.08% to MNT while Mongolian Tugrik(MNT) has changed % to HBAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮387.74
0.0001% / 0.0004%vip-iconVIP
Binance
₮383.3
0.1000% / 0.1000%
Yes
Coinbase Exchange
₮382.95
0.1000% / 0.1000%
Yes
OKX
₮383.3
0.080% / 0.100%
Yes
Huobi
₮383.17
0.1000% / 0.1000%
Yes
Gate.io
₮383.81
0.1000% / 0.1000%
Yes
Bybit
₮382.95
0.1000% / 0.1000%
Yes
KuCoin
₮383.12
0.1000% / 0.1000%
Yes
Last updated 2024/05/20 15:00:28(UTC+0)

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What factors influence the conversion rate of Hedera to Mongolian Tugrik?

Hedera to Mongolian Tugrik is rising this week.
Hedera's current market price is ₮ 387.74 per HBAR, with a total market cap of ₮ 13,861,094,678,788.7 MNT based on a circulating supply of 35,748,758,000 HBAR. The trading volume of Hedera has changed by -14.64% (₮ -33,845,081,926.72 MNT) in the last 24 hours. Last trading day, HBAR's trading volume was ₮ 231,106,480,981.11.
Market cap
$4.02B
24h volume
$57.18M
Circulating supply
35.75B HBAR

Conversion tables

The exchange rate of Hedera is increasing.
1 HBAR is currently valued at ₮ 387.74 MNT , which means buying 5 HBAR will cost ₮ 1,938.68 MNT . Similarly, ₮1 MNT can be traded for 0.002579 HBAR, and ₮50 MNT can be converted to 0.1290 HBAR, excluding any platform or gas fees.
The exchange rate of 1 HBAR to Mongolian Tugrik has changed by +2.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.08%, reaching a high of 389.84 MNT and a low of 377.37 MNT . One month ago, the value of 1 HBAR was ₮ 288.5 MNT , which represents a +34.37% change from its current value. Over the last year, Hedera has changed by
+
208.23MNT
, resulting in a change of +115.87% in its value.

HBAR to MNT

Amount
15:54 today
0.5 HBAR
193.87
1 HBAR
387.74
5 HBAR
1,938.68
10 HBAR
3,877.36
50 HBAR
19,386.82
100 HBAR
38,773.64
500 HBAR
193,868.2
1000 HBAR
387,736.39

MNT to HBAR

Amount15:54 today
0.5MNT0.001290  HBAR
1MNT0.002579  HBAR
5MNT0.01290  HBAR
10MNT0.02579  HBAR
50MNT0.1290  HBAR
100MNT0.2579  HBAR
500MNT1.29  HBAR
1000MNT2.58  HBAR
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Today vs. 24 hours ago

Amount15:54 today24 hours ago24h change
0.5 HBAR$0.05619$0.05615
+0.08%
1 HBAR$0.1124$0.1123
+0.08%
5 HBAR$0.5619$0.5615
+0.08%
10 HBAR$1.12$1.12
+0.08%
50 HBAR$5.62$5.61
+0.08%
100 HBAR$11.24$11.23
+0.08%
500 HBAR$56.19$56.15
+0.08%
1000 HBAR$112.39$112.3
+0.08%

Today vs. 1 month ago

Amount15:54 today1 month ago1M change
0.5 HBAR$0.05619$0.04181
+34.37%
1 HBAR$0.1124$0.08362
+34.37%
5 HBAR$0.5619$0.4181
+34.37%
10 HBAR$1.12$0.8362
+34.37%
50 HBAR$5.62$4.18
+34.37%
100 HBAR$11.24$8.36
+34.37%
500 HBAR$56.19$41.81
+34.37%
1000 HBAR$112.39$83.62
+34.37%
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Today vs. 1 year ago

Amount15:54 today1 year ago1Y change
0.5 HBAR$0.05619$0.02602
+115.87%
1 HBAR$0.1124$0.05203
+115.87%
5 HBAR$0.5619$0.2602
+115.87%
10 HBAR$1.12$0.5203
+115.87%
50 HBAR$5.62$2.6
+115.87%
100 HBAR$11.24$5.2
+115.87%
500 HBAR$56.19$26.02
+115.87%
1000 HBAR$112.39$52.03
+115.87%

Hedera price prediction

What will the price of HBAR be in 2025?

Based on HBAR's historical price performance prediction model, the price of HBAR is projected to reach $0.1171 in 2025.

What will the price of HBAR be in 2030?

In 2030, the HBAR price is expected to rise by 0.00%. By the end of 2030, the HBAR price is projected to reach $0.1287, with a cumulative ROI of +14.53%.
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