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REF to MNT Converter and calculator

REF/MNT: 1 REF = 730.35 MNT. The price of converting 1 Ref Finance (REF) to Mongolian Tugrik (MNT) is 730.35 MNT today.
REF
REF
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides REF to MNT real-time exchange rates, making it easy to convert Ref Finance (REF) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 REF is currently valued at 730.35 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 REF is currently valued at 730.35 MNT, which means buying 5 REF would cost 3,651.76 MNT. Similarly, ₮1 MNT can be converted to 0.001369 REF, and ₮50 MNT can be converted to 0.006846 REF, excluding any platform or gas fees.

Convert REF to MNT

Convert MNT to REF

Ref Finance
Mongolian Tugrik
1 REF
730.35  MNT
Exchange 1 REF for 730.35 MNT
2 REF
1,460.7  MNT
Exchange 2 REF for 1,460.7 MNT
5 REF
3,651.76  MNT
Exchange 5 REF for 3,651.76 MNT
10 REF
7,303.51  MNT
Exchange 10 REF for 7,303.51 MNT
20 REF
14,607.03  MNT
Exchange 20 REF for 14,607.03 MNT
50 REF
36,517.57  MNT
Exchange 50 REF for 36,517.57 MNT
100 REF
73,035.14  MNT
Exchange 100 REF for 73,035.14 MNT
200 REF
146,070.27  MNT
Exchange 200 REF for 146,070.27 MNT
500 REF
365,175.68  MNT
Exchange 500 REF for 365,175.68 MNT
1000 REF
730,351.36  MNT
Exchange 1000 REF for 730,351.36 MNT
5000 REF
3,651,756.79  MNT
Exchange 5000 REF for 3,651,756.79 MNT
10000 REF
7,303,513.58  MNT
Exchange 10000 REF for 7,303,513.58 MNT
In the table above, you'll find a comprehensive REF to MNT converter that shows the value of Ref Finance in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 REF to MNT, all the way up to 10000 REF, providing a clear view of their respective values.
Mongolian Tugrik
Ref Finance
1 MNT
0.001369 REF
Exchange 1 MNT for 0.001369 REF
10 MNT
0.01369 REF
Exchange 10 MNT for 0.01369 REF
50 MNT
0.06846 REF
Exchange 50 MNT for 0.06846 REF
100 MNT
0.1369 REF
Exchange 100 MNT for 0.1369 REF
200 MNT
0.2738 REF
Exchange 200 MNT for 0.2738 REF
500 MNT
0.6846 REF
Exchange 500 MNT for 0.6846 REF
1000 MNT
1.37 REF
Exchange 1000 MNT for 1.37 REF
2000 MNT
2.74 REF
Exchange 2000 MNT for 2.74 REF
5000 MNT
6.85 REF
Exchange 5000 MNT for 6.85 REF
10000 MNT
13.69 REF
Exchange 10000 MNT for 13.69 REF
50000 MNT
68.46 REF
Exchange 50000 MNT for 68.46 REF
100000 MNT
136.92 REF
Exchange 100000 MNT for 136.92 REF
In the table above, you'll find a comprehensive MNT to REF converter that shows the value of Mongolian Tugrik in Ref Finance across commonly used conversion amounts. The list covers conversions from 1 MNT to REF, all the way up to 100000 MNT, providing a clear view of their respective values.

REF to MNT chart

REF/MNT: 1 REF = 730.35 MNT; 2025/08/03 15:50:06
In the past 1D, Ref Finance has changed +0.34% to MNT. Based on the trend and price charts, Ref Finance(REF) has changed +0.34% to MNT while Mongolian Tugrik(MNT) has changed % to REF in the last 24 hours.
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REF to MNT conversion data: Volatility and price changes of Ref Finance in MNT

The highest Ref Finance price in MNT over the past 7 days was 271.97 MNT while the lowest Ref Finance price in MNT over the past 7 days was 219.67 MNT. The relative change between the highs and lows in Ref Finance price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and REF to MNT prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
265.07 MNT
271.97 MNT
367.4 MNT
409.92 MNT
Low
254.05 MNT
219.67 MNT
219.67 MNT
206.78 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+0.34%
+0.88%
-27.95%
-29.85%

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Bitget P2P trading does not currently support direct buying of REF with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy REF with USDT via Bitget spot market.
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Ref Finance information

REF to MNT market statistics

REF/MNT:
₮730.35
REF 24h volume:
₮147,378,787.45
REF market cap:
₮33,238,948,627.42
REF circulating supply:
45.51M REF

Current REF to MNT exchange rate

Ref Finance to Mongolian Tugrik is rising this week.
Ref Finance's current market price is ₮730.35 per REF, with a total market cap of ₮33,238,948,627.42 MNT based on a circulating supply of 45,510,900 REF. The trading volume of Ref Finance has changed by +86.41% (₮68,315,162.41 MNT) in the last 24 hours. Last trading day, REF's trading volume was ₮79,063,625.04.

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

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How to convert REF to MNT

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1 REF to ₩282.71 KRW
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1 REF to ₮730.35 MNT
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REF to MNT Conversion tables

The exchange rate of Ref Finance is decreasing.
The exchange rate of 1 REF to Mongolian Tugrik has changed by +0.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.34%, reaching a high of 265.07 MNT and a low of 254.05 MNT . One month ago, the value of 1 REF was ₮829.57 MNT , which represents a -27.95% change from its current value. Over the last year, Ref Finance has changed by
-
577.13MNT
, resulting in a change of -69.29% in its value.
24 hours ago1 month ago1 year ago
Amount 15:50 today 24 hours ago 24h change
0.5 REF
₮365.18₮364.74
+0.34%
1 REF
₮730.35₮729.49
+0.34%
5 REF
₮3,651.76₮3,647.45
+0.34%
10 REF
₮7,303.51₮7,294.89
+0.34%
50 REF
₮36,517.57₮36,474.45
+0.34%
100 REF
₮73,035.14₮72,948.91
+0.34%
500 REF
₮365,175.68₮364,744.53
+0.34%
1000 REF
₮730,351.36₮729,489.07
+0.34%

REF to MNT FAQ

How much is 1 Ref Finance in MNT?
Right now, the price of 1 Ref Finance (REF) in Mongolian Tugrik (MNT) is ₮730.35.
How much REF can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.001369 REF for 1 MNT.
How do I calculate or convert REF to MNT?
You can use our REF to MNT calculator at the top of this page to convert any amount of REF to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.006846 REF, while 5 REF will cost around 3,651.76MNT.
What is the highest price of REF/MNT in history?
The all-time high price of 1 REF in MNT is ₮167,775.43. It remains to be seen if the value of 1 REF/MNT will exceed the current all-time high.
What is the price trend of Ref Finance in MNT?
Over the past 7 days, the exchange rate of Ref Finance (REF) has gone up by 0.88%.   Over the last month, the exchange rate of Ref Finance (REF) has gone down by 27.95% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of REF to MNT?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Ref Finance currency pairs: REF to US Dollar (USD), REF to Euro (EUR), REF to Pound Sterling (GBP), REF to Canadian Dollar (CAD), REF to Indian Rupee (INR), REF to Pakistani Rupee (PKR), REF to Brazilian Real (BRL), REF to…
The price of Ref Finance in the US is $0.2035 USD. Additionally, Ref Finance’s price is €0.1756 EUR in the eurozone, £0.1532 GBP in the UK, C$0.2809 CAD in Canada, ₹17.74 INR in India, ₨56.86 PKR in Pakistan, R$1.13 BRL in Brazil, and more.
The most popular Ref Finance currency pair is the REF to Mongolian Tugrik(MNT). The price of 1 Ref Finance (REF) in Mongolian Tugrik (MNT) is ₮730.35.

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