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POLK to MNT Converter and calculator

POLK/MNT: 1 POLK = 23.69 MNT. The price of converting 1 Polkamarkets (POLK) to Mongolian Tugrik (MNT) is 23.69 MNT today.
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MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides POLK to MNT real-time exchange rates, making it easy to convert Polkamarkets (POLK) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 POLK is currently valued at 23.69 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 POLK is currently valued at 23.69 MNT, which means buying 5 POLK would cost 118.44 MNT. Similarly, ₮1 MNT can be converted to 0.04222 POLK, and ₮50 MNT can be converted to 0.2111 POLK, excluding any platform or gas fees.

Convert POLK to MNT

Convert MNT to POLK

Polkamarkets
Mongolian Tugrik
50 POLK
1,184.37  MNT
100 POLK
2,368.74  MNT
200 POLK
4,737.48  MNT
500 POLK
11,843.7  MNT
1000 POLK
23,687.39  MNT
5000 POLK
118,436.95  MNT
10000 POLK
236,873.9  MNT
In the table above, you'll find a comprehensive POLK to MNT converter that shows the value of Polkamarkets in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 POLK to MNT, all the way up to 10000 POLK, providing a clear view of their respective values.
Mongolian Tugrik
Polkamarkets
50000 MNT
2,110.83 POLK
100000 MNT
4,221.66 POLK
In the table above, you'll find a comprehensive MNT to POLK converter that shows the value of Mongolian Tugrik in Polkamarkets across commonly used conversion amounts. The list covers conversions from 1 MNT to POLK, all the way up to 100000 MNT, providing a clear view of their respective values.

POLK to MNT chart

POLK/MNT: 1 POLK = 23.69 MNT; 2025/04/27 03:49:02
In the past 1D, Polkamarkets has changed +0.67% to MNT. Based on the trend and price charts, Polkamarkets(POLK) has changed +0.67% to MNT while Mongolian Tugrik(MNT) has changed % to POLK in the last 24 hours.
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POLK to MNT conversion data: Volatility and price changes of Polkamarkets in MNT

The highest Polkamarkets price in MNT over the past 7 days was 30.03 MNT while the lowest Polkamarkets price in MNT over the past 7 days was 19.6 MNT. The relative change between the highs and lows in Polkamarkets price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and POLK 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
28.76 MNT
30.03 MNT
30.17 MNT
49.24 MNT
Low
22.4 MNT
19.6 MNT
19.12 MNT
19.12 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+0.67%
+21.39%
-8.03%
-50.30%

Polkamarkets information

POLK to MNT market statistics

POLK/MNT:
₮23.69
POLK 24h volume:
₮473,219,306.61
POLK market cap:
₮2,368,705,011.16
POLK circulating supply:
100.00M POLK

Current POLK to MNT exchange rate

Polkamarkets to Mongolian Tugrik is rising this week.
Polkamarkets's current market price is ₮23.69 per POLK, with a total market cap of ₮2,368,705,011.16 MNT based on a circulating supply of 99,998,570 POLK. The trading volume of Polkamarkets has changed by -4.89% (₮-24,338,539.61 MNT) in the last 24 hours. Last trading day, POLK's trading volume was ₮497,557,846.22.

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

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How to convert POLK to MNT

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POLK to MNT Conversion tables

The exchange rate of Polkamarkets is decreasing.
The exchange rate of 1 POLK to Mongolian Tugrik has changed by +21.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.67%, reaching a high of 28.76 MNT and a low of 22.4 MNT . One month ago, the value of 1 POLK was ₮25.79 MNT , which represents a -8.03% change from its current value. Over the last year, Polkamarkets has changed by
-
94.29MNT
, resulting in a change of -79.65% in its value.
24 hours ago1 month ago1 year ago
Amount03:49 am today24 hours ago24h change
0.5 POLK₮11.84₮11.76
+0.67%
1 POLK₮23.69₮23.53
+0.67%
5 POLK₮118.44₮117.63
+0.67%
10 POLK₮236.87₮235.26
+0.67%
50 POLK₮1,184.37₮1,176.32
+0.67%
100 POLK₮2,368.74₮2,352.65
+0.67%
500 POLK₮11,843.7₮11,763.24
+0.67%
1000 POLK₮23,687.39₮23,526.49
+0.67%

POLK to MNT FAQ

How much is 1 Polkamarkets in MNT?
Right now, the price of 1 Polkamarkets (POLK) in Mongolian Tugrik (MNT) is ₮23.69.
How much POLK can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.04222 POLK for 1 MNT.
How do I calculate or convert POLK to MNT?
You can use our POLK to MNT calculator at the top of this page to convert any amount of POLK to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.2111 POLK, while 5 POLK will cost around 118.44MNT.
What is the highest price of POLK/MNT in history?
The all-time high price of 1 POLK in MNT is ₮14,086.58. It remains to be seen if the value of 1 POLK/MNT will exceed the current all-time high.
What is the price trend of Polkamarkets in MNT?
Over the past 7 days, the exchange rate of Polkamarkets (POLK) has gone up by 21.39%.   Over the last month, the exchange rate of Polkamarkets (POLK) has gone down by 8.03% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of POLK to MNT?

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