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Gains Network to Mongolian Tugrik Converter and calculator

Convert 1Gains Network (GNS) to Mongolian Tugrik (MNT) equals ₮ 10,852.79 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Gains Network(GNS) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 GNS at a value of 1 GNS for 10,852.79 MNT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MNT 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Gains Network currency pair is the GNS to MNT, with for Gains Network's currency code being GNS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

GNS to MNT conversion rate trend

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In the past 1D, Gains Network has changed +0.18% to MNT. Based on the trend and price charts, Gains Network(GNS) has changed +0.18% to MNT while Mongolian Tugrik(MNT) has changed % to GNS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮10,869.81
0.0001% / 0.0004%vip-iconVIP
Binance
₮10,888.2
0.1000% / 0.1000%
Yes
Huobi
₮10,834.73
0.1000% / 0.1000%
Yes
Gate.io
₮10,867.5
0.1000% / 0.1000%
Yes
Bybit
₮10,887.16
0.1000% / 0.1000%
Yes
KuCoin
₮10,860.6
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 20:00:20(UTC+0)

How to buy Gains Network

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Use a variety of payment options to buy Gains Network on Bitget. We'll show you how.

What factors influence the conversion rate of Gains Network to Mongolian Tugrik?

Gains Network to Mongolian Tugrik is falling this week.
Gains Network's current market price is ₮ 10,852.79 per GNS, with a total market cap of ₮ 363,290,538,814.02 MNT based on a circulating supply of 33,474,400 GNS. The trading volume of Gains Network has changed by -1.89% (₮ -200,892,005.87 MNT) in the last 24 hours. Last trading day, GNS's trading volume was ₮ 10,628,081,995.01.
Market cap
$105.30M
24h volume
$3.02M
Circulating supply
33.47M GNS

Conversion tables

The exchange rate of Gains Network is decreasing.
1 GNS is currently valued at ₮ 10,852.79 MNT , which means buying 5 GNS will cost ₮ 54,263.94 MNT . Similarly, ₮1 MNT can be traded for 0.{4}9214 GNS, and ₮50 MNT can be converted to 0.004607 GNS, excluding any platform or gas fees.
The exchange rate of 1 GNS to Mongolian Tugrik has changed by -4.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.18%, reaching a high of 11,005.22 MNT and a low of 10,749.29 MNT . One month ago, the value of 1 GNS was ₮ 11,976.89 MNT , which represents a -9.39% change from its current value. Over the last year, Gains Network has changed by
-
5,857.85MNT
, resulting in a change of -35.05% in its value.

GNS to MNT

Amount
20:49 today
0.5 GNS
5,426.39
1 GNS
10,852.79
5 GNS
54,263.94
10 GNS
108,527.87
50 GNS
542,639.37
100 GNS
1,085,278.75
500 GNS
5,426,393.74
1000 GNS
10,852,787.47

MNT to GNS

Amount20:49 today
0.5MNT0.{4}4607  GNS
1MNT0.{4}9214  GNS
5MNT0.0004607  GNS
10MNT0.0009214  GNS
50MNT0.004607  GNS
100MNT0.009214  GNS
500MNT0.04607  GNS
1000MNT0.09214  GNS
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Today vs. 24 hours ago

Amount20:49 today24 hours ago24h change
0.5 GNS$1.57$1.57
+0.18%
1 GNS$3.15$3.14
+0.18%
5 GNS$15.73$15.7
+0.18%
10 GNS$31.46$31.4
+0.18%
50 GNS$157.29$157
+0.18%
100 GNS$314.57$314
+0.18%
500 GNS$1,572.87$1,569.98
+0.18%
1000 GNS$3,145.74$3,139.95
+0.18%

Today vs. 1 month ago

Amount20:49 today1 month ago1M change
0.5 GNS$1.57$1.74
-9.39%
1 GNS$3.15$3.47
-9.39%
5 GNS$15.73$17.36
-9.39%
10 GNS$31.46$34.72
-9.39%
50 GNS$157.29$173.58
-9.39%
100 GNS$314.57$347.16
-9.39%
500 GNS$1,572.87$1,735.78
-9.39%
1000 GNS$3,145.74$3,471.56
-9.39%
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Today vs. 1 year ago

Amount20:49 today1 year ago1Y change
0.5 GNS$1.57$2.42
-35.05%
1 GNS$3.15$4.84
-35.05%
5 GNS$15.73$24.22
-35.05%
10 GNS$31.46$48.44
-35.05%
50 GNS$157.29$242.18
-35.05%
100 GNS$314.57$484.37
-35.05%
500 GNS$1,572.87$2,421.83
-35.05%
1000 GNS$3,145.74$4,843.66
-35.05%

Gains Network price prediction

What will the price of GNS be in 2025?

Based on GNS's historical price performance prediction model, the price of GNS is projected to reach $5 in 2025.

What will the price of GNS be in 2030?

In 2030, the GNS price is expected to rise by +6.00%. By the end of 2030, the GNS price is projected to reach $11.01, with a cumulative ROI of +250.14%.
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Buy Gains Network for 1 MNT
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A welcome pack worth 1000 USDT for new Bitgetters!
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Gains Network and MNT.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Gains Network and MNT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Gains Network in MNT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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