Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Golem

Golem to Mongolian Tugrik Converter and calculator

Convert 1Golem (GLM) to Mongolian Tugrik (MNT) equals ₮ 1,705.17 | Bitget
GLM
GLM
swap
MNT
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Golem(GLM) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 GLM at a value of 1 GLM for 1,705.17 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.

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

GLM to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Golem has changed -0.70% to MNT. Based on the trend and price charts, Golem(GLM) has changed -0.70% to MNT while Mongolian Tugrik(MNT) has changed % to GLM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮1,708.44
0.0001% / 0.0004%vip-iconVIP
Binance
₮1,708.44
0.1000% / 0.1000%
Yes
OKX
₮1,704.99
0.080% / 0.100%
Yes
Huobi
₮1,703.95
0.1000% / 0.1000%
Yes
Gate.io
₮1,704.64
0.1000% / 0.1000%
Yes
KuCoin
₮1,707.06
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 15:00:26(UTC+0)

How to buy Golem

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Golem (GLM)
Use a variety of payment options to buy Golem on Bitget. We'll show you how.

What factors influence the conversion rate of Golem to Mongolian Tugrik?

Golem to Mongolian Tugrik is falling this week.
Golem's current market price is ₮ 1,705.17 per GLM, with a total market cap of ₮ 1,705,171,836,985.68 MNT based on a circulating supply of 1,000,000,000 GLM. The trading volume of Golem has changed by -19.09% (₮ -6,249,977,861.64 MNT) in the last 24 hours. Last trading day, GLM's trading volume was ₮ 32,733,536,866.68.
Market cap
$494.25M
24h volume
$7.68M
Circulating supply
1.00B GLM

Conversion tables

The exchange rate of Golem is increasing.
1 GLM is currently valued at ₮ 1,705.17 MNT , which means buying 5 GLM will cost ₮ 8,525.86 MNT . Similarly, ₮1 MNT can be traded for 0.0005865 GLM, and ₮50 MNT can be converted to 0.02932 GLM, excluding any platform or gas fees.
The exchange rate of 1 GLM to Mongolian Tugrik has changed by -5.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 1,726.97 MNT and a low of 1,683.23 MNT . One month ago, the value of 1 GLM was ₮ 1,553.24 MNT , which represents a +9.78% change from its current value. Over the last year, Golem has changed by
+
988.26MNT
, resulting in a change of +137.85% in its value.

GLM to MNT

Amount
15:13 today
0.5 GLM
852.59
1 GLM
1,705.17
5 GLM
8,525.86
10 GLM
17,051.72
50 GLM
85,258.59
100 GLM
170,517.18
500 GLM
852,585.91
1000 GLM
1,705,171.81

MNT to GLM

Amount15:13 today
0.5MNT0.0002932  GLM
1MNT0.0005865  GLM
5MNT0.002932  GLM
10MNT0.005865  GLM
50MNT0.02932  GLM
100MNT0.05865  GLM
500MNT0.2932  GLM
1000MNT0.5865  GLM
Buy Golem for 1 MNT
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Golem now

Today vs. 24 hours ago

Amount15:13 today24 hours ago24h change
0.5 GLM$0.2471$0.2489
-0.70%
1 GLM$0.4943$0.4977
-0.70%
5 GLM$2.47$2.49
-0.70%
10 GLM$4.94$4.98
-0.70%
50 GLM$24.71$24.89
-0.70%
100 GLM$49.43$49.77
-0.70%
500 GLM$247.13$248.86
-0.70%
1000 GLM$494.25$497.73
-0.70%

Today vs. 1 month ago

Amount15:13 today1 month ago1M change
0.5 GLM$0.2471$0.2251
+9.78%
1 GLM$0.4943$0.4502
+9.78%
5 GLM$2.47$2.25
+9.78%
10 GLM$4.94$4.5
+9.78%
50 GLM$24.71$22.51
+9.78%
100 GLM$49.43$45.02
+9.78%
500 GLM$247.13$225.11
+9.78%
1000 GLM$494.25$450.21
+9.78%
Buy Golem for 1 MNT
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Golem now

Today vs. 1 year ago

Amount15:13 today1 year ago1Y change
0.5 GLM$0.2471$0.1039
+137.85%
1 GLM$0.4943$0.2078
+137.85%
5 GLM$2.47$1.04
+137.85%
10 GLM$4.94$2.08
+137.85%
50 GLM$24.71$10.39
+137.85%
100 GLM$49.43$20.78
+137.85%
500 GLM$247.13$103.9
+137.85%
1000 GLM$494.25$207.8
+137.85%

Golem price prediction

What will the price of GLM be in 2025?

Based on GLM's historical price performance prediction model, the price of GLM is projected to reach $0.6727 in 2025.

What will the price of GLM be in 2030?

In 2030, the GLM price is expected to rise by -12.00%. By the end of 2030, the GLM price is projected to reach $0.5703, with a cumulative ROI of +15.38%.
Buy Golem for 1 MNT
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Golem now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Golem for 1 MNT
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Golem now
Buy Golem for 1 MNT
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Golem now

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 Golem 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 Golem 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 Golem 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.

Buy Golem for 1 MNT

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Golem now
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.