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LOOM to MNT Converter and calculator

LOOM/MNT: 1 LOOM = 82.58 MNT. The price of converting 1 Loom Network (LOOM) to Mongolian Tugrik (MNT) is 82.58 MNT today.
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LOOM
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOM to MNT real-time exchange rates, making it easy to convert Loom Network (LOOM) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 LOOM is currently valued at 82.58 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOM is currently valued at 82.58 MNT, which means buying 5 LOOM would cost 412.88 MNT. Similarly, ₮1 MNT can be converted to 0.01211 LOOM, and ₮50 MNT can be converted to 0.06055 LOOM, excluding any platform or gas fees.

Convert LOOM to MNT

Convert MNT to LOOM

Loom Network
Mongolian Tugrik
20 LOOM
1,651.53  MNT
50 LOOM
4,128.83  MNT
100 LOOM
8,257.65  MNT
200 LOOM
16,515.3  MNT
500 LOOM
41,288.25  MNT
1000 LOOM
82,576.5  MNT
5000 LOOM
412,882.5  MNT
10000 LOOM
825,765  MNT
In the table above, you'll find a comprehensive LOOM to MNT converter that shows the value of Loom Network in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 LOOM to MNT, all the way up to 10000 LOOM, providing a clear view of their respective values.
Mongolian Tugrik
Loom Network
In the table above, you'll find a comprehensive MNT to LOOM converter that shows the value of Mongolian Tugrik in Loom Network across commonly used conversion amounts. The list covers conversions from 1 MNT to LOOM, all the way up to 100000 MNT, providing a clear view of their respective values.

LOOM to MNT chart

LOOM/MNT: 1 LOOM = 82.58 MNT; 2025/04/27 07:19:21
In the past 1D, Loom Network has changed +7.39% to MNT. Based on the trend and price charts, Loom Network(LOOM) has changed +7.39% to MNT while Mongolian Tugrik(MNT) has changed % to LOOM in the last 24 hours.
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LOOM to MNT conversion data: Volatility and price changes of Loom Network in MNT

The highest Loom Network price in MNT over the past 7 days was 162.73 MNT while the lowest Loom Network price in MNT over the past 7 days was 46.59 MNT. The relative change between the highs and lows in Loom Network price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOM 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
132.31 MNT
162.73 MNT
162.73 MNT
205.81 MNT
Low
71.61 MNT
46.59 MNT
33.76 MNT
33.76 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+7.39%
+67.68%
-43.76%
-58.89%

Loom Network information

LOOM to MNT market statistics

LOOM/MNT:
₮82.58
LOOM 24h volume:
₮269,699,629,477.29
LOOM market cap:
₮102,636,061,678.09
LOOM circulating supply:
1.24B LOOM

Current LOOM to MNT exchange rate

Loom Network to Mongolian Tugrik is rising this week.
Loom Network's current market price is ₮82.58 per LOOM, with a total market cap of ₮102,636,061,678.09 MNT based on a circulating supply of 1,242,921,000 LOOM. The trading volume of Loom Network has changed by +463.93% (₮221,874,610,507.33 MNT) in the last 24 hours. Last trading day, LOOM's trading volume was ₮47,825,018,969.96.

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

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How to convert LOOM to MNT

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Convert LOOM to MNT
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Bitget P2P trading does not currently support direct buying of LOOM with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy LOOM with USDT via Bitget spot market.
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LOOM to MNT Conversion tables

The exchange rate of Loom Network is decreasing.
The exchange rate of 1 LOOM to Mongolian Tugrik has changed by +67.68% in the last 7 days. In the last 24 hours, the rate has fluctuated by +7.39%, reaching a high of 132.31 MNT and a low of 71.61 MNT . One month ago, the value of 1 LOOM was ₮146.72 MNT , which represents a -43.76% change from its current value. Over the last year, Loom Network has changed by
-
240.02MNT
, resulting in a change of -74.44% in its value.
24 hours ago1 month ago1 year ago
Amount07:19 am today24 hours ago24h change
0.5 LOOM₮41.29₮38.45
+7.39%
1 LOOM₮82.58₮76.9
+7.39%
5 LOOM₮412.88₮384.51
+7.39%
10 LOOM₮825.77₮769.01
+7.39%
50 LOOM₮4,128.83₮3,845.05
+7.39%
100 LOOM₮8,257.65₮7,690.1
+7.39%
500 LOOM₮41,288.25₮38,450.51
+7.39%
1000 LOOM₮82,576.5₮76,901.01
+7.39%

LOOM to MNT FAQ

How much is 1 Loom Network in MNT?
Right now, the price of 1 Loom Network (LOOM) in Mongolian Tugrik (MNT) is ₮82.58.
How much LOOM can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.01211 LOOM for 1 MNT.
How do I calculate or convert LOOM to MNT?
You can use our LOOM to MNT calculator at the top of this page to convert any amount of LOOM to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.06055 LOOM, while 5 LOOM will cost around 412.88MNT.
What is the highest price of LOOM/MNT in history?
The all-time high price of 1 LOOM in MNT is ₮2,631.59. It remains to be seen if the value of 1 LOOM/MNT will exceed the current all-time high.
What is the price trend of Loom Network in MNT?
Over the past 7 days, the exchange rate of Loom Network (LOOM) has gone up by 67.68%.   Over the last month, the exchange rate of Loom Network (LOOM) has gone down by 43.76% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of LOOM to MNT?

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