๐ฉ๐ฆ to MNT Converter and calculator
Conversion rates
Convert ๐ฉ๐ฆ to MNT
Convert MNT to ๐ฉ๐ฆ
๐ฉ๐ฆ to MNT chart
๐ฉ๐ฆ to MNT conversion data: Volatility and price changes of NetClawd in MNT
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.01279 MNT | -- MNT | -- MNT | -- MNT |
Low | 0.004106 MNT | -- MNT | -- MNT | -- MNT |
Average | 0 MNT | 0 MNT | 0 MNT | 0 MNT |
Volatility | % | % | % | % |
Change | -0.02% | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
NetClawd information
๐ฉ๐ฆ to MNT market statistics
Current ๐ฉ๐ฆ to MNT exchange rate
NetClawd to Mongolian Tugrik is falling this week.More info about NetClawd 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 โฎ. 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 Sรผkhbaatar, 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 Mongoliaโs 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 Tugrikโs 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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๐ฉ๐ฆ to MNT Conversion tables
| Amount | 18:18 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 ๐ฉ๐ฆ | โฎ0.002768 | โฎ-- | -0.02% |
1 ๐ฉ๐ฆ | โฎ0.005536 | โฎ-- | -0.02% |
5 ๐ฉ๐ฆ | โฎ0.02768 | โฎ-- | -0.02% |
10 ๐ฉ๐ฆ | โฎ0.05536 | โฎ-- | -0.02% |
50 ๐ฉ๐ฆ | โฎ0.2768 | โฎ-- | -0.02% |
100 ๐ฉ๐ฆ | โฎ0.5536 | โฎ-- | -0.02% |
500 ๐ฉ๐ฆ | โฎ2.77 | โฎ-- | -0.02% |
1000 ๐ฉ๐ฆ | โฎ5.54 | โฎ-- | -0.02% |
๐ฉ๐ฆ to MNT FAQ
What factors influence the conversion rate of ๐ฉ ๐ฆ to MNT?
Popular exchange rates โ Crypto-to-Fiat converter
The price of NetClawd in the US is $0.โน0.00014231555 USD. Additionally, NetClawdโs price is โฌ0.{5}1299 EUR in the eurozone, ยฃ0.{5}1129 GBP in the UK, C$0.{5}2115 CAD in Canada, {5} INR in India, โจ0.0004350 PKR in Pakistan, R$0.{5}8118 BRL in Brazil, and more.
The most popular NetClawd currency pair is the ๐ฉ๐ฆ to Mongolian Tugrik(MNT). The price of 1 NetClawd (๐ฉ๐ฆ) in Mongolian Tugrik (MNT) is โฎ0.005536.
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