็้ถ๐ to MNT Converter and calculator

Conversion rates
Convert ็้ถ๐ to MNT
Convert MNT to ็้ถ๐
็้ถ๐ to MNT chart
็้ถ๐ 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 |
|---|
UBS๐๐๐ information
็้ถ๐ to MNT market statistics
Current ็้ถ๐ to MNT exchange rate
UBS๐๐๐ to Mongolian Tugrik is falling this week.More info about UBS๐๐๐ 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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็้ถ๐ to MNT Conversion tables
| Amount | 05:35 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 ็้ถ๐ | โฎ0.2137 | โฎ-- | 0.00% |
1 ็้ถ๐ | โฎ0.4274 | โฎ-- | 0.00% |
5 ็้ถ๐ | โฎ2.14 | โฎ-- | 0.00% |
10 ็้ถ๐ | โฎ4.27 | โฎ-- | 0.00% |
50 ็้ถ๐ | โฎ21.37 | โฎ-- | 0.00% |
100 ็้ถ๐ | โฎ42.74 | โฎ-- | 0.00% |
500 ็้ถ๐ | โฎ213.68 | โฎ-- | 0.00% |
1000 ็้ถ๐ | โฎ427.36 | โฎ-- | 0.00% |
็้ถ๐ to MNT FAQ
What factors influence the conversion rate of ็้ถ๐ to MNT?
Popular exchange rates โ Crypto-to-Fiat converter
The price of UBS๐๐๐ in the US is $0.0001193 USD. Additionally, UBS๐๐๐โs price is โฌ0.0001012 EUR in the eurozone, ยฃ0.C$0.00016328836 GBP in the UK, {4} CAD in Canada, โน0.01071 INR in India, โจ0.03342 PKR in Pakistan, R$0.0006599 BRL in Brazil, and more.
The most popular UBS๐๐๐ currency pair is the ็้ถ๐ to Mongolian Tugrik(MNT). The price of 1 UBS๐๐๐ (็้ถ๐) in Mongolian Tugrik (MNT) is โฎ0.4274.
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