Tabi ๐ข to MNT Converter and calculator

Conversion rates
Convert Tabi ๐ข to MNT
Convert MNT to Tabi ๐ข
Tabi ๐ข to MNT chart
Tabi ๐ข to MNT conversion data: Volatility and price changes of 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 |
|---|
Tabi ๐ข information
Tabi ๐ข to MNT market statistics
Current Tabi ๐ข to MNT exchange rate
Tabi ๐ข to Mongolian Tugrik is falling this week.More info about Tabi ๐ข 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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Tabi ๐ข to MNT Conversion tables
| Amount | 09:04 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 Tabi ๐ข | โฎ0.2336 | โฎ-- | 0.00% |
1 Tabi ๐ข | โฎ0.4671 | โฎ-- | 0.00% |
5 Tabi ๐ข | โฎ2.34 | โฎ-- | 0.00% |
10 Tabi ๐ข | โฎ4.67 | โฎ-- | 0.00% |
50 Tabi ๐ข | โฎ23.36 | โฎ-- | 0.00% |
100 Tabi ๐ข | โฎ46.71 | โฎ-- | 0.00% |
500 Tabi ๐ข | โฎ233.55 | โฎ-- | 0.00% |
1000 Tabi ๐ข | โฎ467.11 | โฎ-- | 0.00% |
Tabi ๐ข to MNT FAQ
What factors influence the conversion rate of Tabi ๐ข to MNT?
Popular exchange rates โ Crypto-to-Fiat converter
The price of Tabi ๐ข in the US is $0.0001304 USD. Additionally, Tabi ๐ขโs price is โฌ0.0001107 EUR in the eurozone, ยฃ0.C$0.00017839661 GBP in the UK, {4} CAD in Canada, โน0.01171 INR in India, โจ0.03653 PKR in Pakistan, R$0.0007200 BRL in Brazil, and more.
The most popular Tabi ๐ข currency pair is the Tabi ๐ข to Mongolian Tugrik(MNT). The price of 1 Tabi ๐ข (Tabi ๐ข) in Mongolian Tugrik (MNT) is โฎ0.4671.
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