NEX Aiš¤ to MNT Converter and calculator
Conversion rates
Convert NEX Aiš¤ to MNT
Convert MNT to NEX Aiš¤
NEX Aiš¤ to MNT chart
NEX Aiš¤ to MNT conversion data: Volatility and price changes of Nexchain Aiš¤ in MNT
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0 MNT | -- MNT | -- MNT | -- MNT |
Low | 0 MNT | -- MNT | -- MNT | -- MNT |
Average | 0 MNT | 0 MNT | 0 MNT | 0 MNT |
Volatility | % | % | % | % |
Change | -- | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
Nexchain Aiš¤ information
NEX Aiš¤ to MNT market statistics
Current NEX Aiš¤ to MNT exchange rate
Nexchain Aiš¤ to Mongolian Tugrik is falling this week.More info about Nexchain Aiš¤ 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 ā®. 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 Mongoliaās 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 Tugrikās 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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NEX Aiš¤ to MNT Conversion tables
| Amount | 02:58 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 NEX Aiš¤ | ā®0.1040 | ā®-- | 0.00% |
1 NEX Aiš¤ | ā®0.2080 | ā®-- | 0.00% |
5 NEX Aiš¤ | ā®1.04 | ā®-- | 0.00% |
10 NEX Aiš¤ | ā®2.08 | ā®-- | 0.00% |
50 NEX Aiš¤ | ā®10.4 | ā®-- | 0.00% |
100 NEX Aiš¤ | ā®20.8 | ā®-- | 0.00% |
500 NEX Aiš¤ | ā®104.02 | ā®-- | 0.00% |
1000 NEX Aiš¤ | ā®208.05 | ā®-- | 0.00% |
NEX Aiš¤ to MNT FAQ
What factors influence the conversion rate of NEX Aiš¤ to MNT?
Popular exchange rates ā Crypto-to-Fiat converter
The price of Nexchain Aiš¤ in the US is $0.C$0.{4}79355808 USD. Additionally, Nexchain Aiš¤ās price is ā¬0.{4}4929 EUR in the eurozone, Ā£0.{4}4299 GBP in the UK, {4} CAD in Canada, ā¹0.005217 INR in India, āØ0.01627 PKR in Pakistan, R$0.0003221 BRL in Brazil, and more.
The most popular Nexchain Aiš¤ currency pair is the NEX Aiš¤ to Mongolian Tugrik(MNT). The price of 1 Nexchain Aiš¤ (NEX Aiš¤) in Mongolian Tugrik (MNT) is ā®0.2080.
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