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RETIK to MNT Converter and calculator

RETIK/MNT: 1 RETIK = 6.03 MNT. The price of converting 1 Retik Finance (RETIK) to Mongolian Tugrik (MNT) is 6.03 MNT today.
RETIK
RETIK
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides RETIK to MNT real-time exchange rates, making it easy to convert Retik Finance (RETIK) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 RETIK is currently valued at 6.03 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RETIK is currently valued at 6.03 MNT, which means buying 5 RETIK would cost 30.16 MNT. Similarly, ₮1 MNT can be converted to 0.1658 RETIK, and ₮50 MNT can be converted to 0.8288 RETIK, excluding any platform or gas fees.

Convert RETIK to MNT

Convert MNT to RETIK

Retik Finance
Mongolian Tugrik
100 RETIK
603.25  MNT
200 RETIK
1,206.5  MNT
500 RETIK
3,016.25  MNT
1000 RETIK
6,032.49  MNT
5000 RETIK
30,162.45  MNT
10000 RETIK
60,324.9  MNT
In the table above, you'll find a comprehensive RETIK to MNT converter that shows the value of Retik Finance in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 RETIK to MNT, all the way up to 10000 RETIK, providing a clear view of their respective values.
Mongolian Tugrik
Retik Finance
10000 MNT
1,657.69 RETIK
50000 MNT
8,288.45 RETIK
100000 MNT
16,576.9 RETIK
In the table above, you'll find a comprehensive MNT to RETIK converter that shows the value of Mongolian Tugrik in Retik Finance across commonly used conversion amounts. The list covers conversions from 1 MNT to RETIK, all the way up to 100000 MNT, providing a clear view of their respective values.

RETIK to MNT chart

RETIK/MNT: 1 RETIK = 6.03 MNT; 2025/04/27 07:51:22
In the past 1D, Retik Finance has changed -0.93% to MNT. Based on the trend and price charts, Retik Finance(RETIK) has changed -0.93% to MNT while Mongolian Tugrik(MNT) has changed % to RETIK in the last 24 hours.
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RETIK to MNT conversion data: Volatility and price changes of Retik Finance in MNT

The highest Retik Finance price in MNT over the past 7 days was 7.47 MNT while the lowest Retik Finance price in MNT over the past 7 days was 5.85 MNT. The relative change between the highs and lows in Retik Finance price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and RETIK 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
6.24 MNT
7.47 MNT
8.42 MNT
9.41 MNT
Low
6.01 MNT
5.85 MNT
5.55 MNT
4.85 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-0.93%
-6.67%
+5.09%
+16.68%

Retik Finance information

RETIK to MNT market statistics

RETIK/MNT:
₮6.03
RETIK 24h volume:
₮265,500,054.58
RETIK market cap:
--
RETIK circulating supply:
0 RETIK

Current RETIK to MNT exchange rate

Retik Finance to Mongolian Tugrik is falling this week.
Retik Finance's current market price is ₮6.03 per RETIK, with a total market cap of ₮0 MNT based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by -5.54% (₮-15,557,371.72 MNT) in the last 24 hours. Last trading day, RETIK's trading volume was ₮281,057,426.3.

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

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How to convert RETIK to MNT

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Convert RETIK to MNT
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RETIK to MNT Conversion tables

The exchange rate of Retik Finance is increasing.
The exchange rate of 1 RETIK to Mongolian Tugrik has changed by -6.67% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.93%, reaching a high of 6.24 MNT and a low of 6.01 MNT . One month ago, the value of 1 RETIK was ₮5.74 MNT , which represents a +5.09% change from its current value. Over the last year, Retik Finance has changed by
-
6,309.85MNT
, resulting in a change of -99.90% in its value.
24 hours ago1 month ago1 year ago
Amount07:51 am today24 hours ago24h change
0.5 RETIK₮3.02₮3.04
-0.93%
1 RETIK₮6.03₮6.09
-0.93%
5 RETIK₮30.16₮30.45
-0.93%
10 RETIK₮60.32₮60.89
-0.93%
50 RETIK₮301.62₮304.47
-0.93%
100 RETIK₮603.25₮608.93
-0.93%
500 RETIK₮3,016.25₮3,044.66
-0.93%
1000 RETIK₮6,032.49₮6,089.33
-0.93%

RETIK to MNT FAQ

How much is 1 Retik Finance in MNT?
Right now, the price of 1 Retik Finance (RETIK) in Mongolian Tugrik (MNT) is ₮6.03.
How much RETIK can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.1658 RETIK for 1 MNT.
How do I calculate or convert RETIK to MNT?
You can use our RETIK to MNT calculator at the top of this page to convert any amount of RETIK to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.8288 RETIK, while 5 RETIK will cost around 30.16MNT.
What is the highest price of RETIK/MNT in history?
The all-time high price of 1 RETIK in MNT is ₮10,474.04. It remains to be seen if the value of 1 RETIK/MNT will exceed the current all-time high.
What is the price trend of Retik Finance in MNT?
Over the past 7 days, the exchange rate of Retik Finance (RETIK) has gone down by 6.67%.   Over the last month, the exchange rate of Retik Finance (RETIK) has gone up by 5.09% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of RETIK to MNT?

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