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TRON to Mongolian Tugrik Converter and calculator

Convert 1TRON (TRX) to Mongolian Tugrik (MNT) equals ₮ 417.88 | 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 TRON(TRX) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 TRX at a value of 1 TRX for 417.88 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 TRON currency pair is the TRX to MNT, with for TRON's currency code being TRX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

TRX to MNT conversion rate trend

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In the past 1D, TRON has changed -1.70% to MNT. Based on the trend and price charts, TRON(TRX) has changed -1.70% to MNT while Mongolian Tugrik(MNT) has changed % to TRX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮417.38
0.0001% / 0.0004%vip-iconVIP
Binance
₮417.66
0.1000% / 0.1000%
Yes
OKX
₮417.62
0.080% / 0.100%
Yes
Huobi
₮417.58
0.1000% / 0.1000%
Yes
Gate.io
₮417.52
0.1000% / 0.1000%
Yes
Bybit
₮417.45
0.1000% / 0.1000%
Yes
KuCoin
₮417.8
0.1000% / 0.1000%
Yes
Bitfinex
₮417.42
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 19:00:19(UTC+0)

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

TRON to Mongolian Tugrik is falling this week.
TRON's current market price is ₮ 417.88 per TRX, with a total market cap of ₮ 36,540,320,129,389.23 MNT based on a circulating supply of 87,441,375,000 TRX. The trading volume of TRON has changed by -0.86% (₮ -6,642,153,875.49 MNT) in the last 24 hours. Last trading day, TRX's trading volume was ₮ 772,882,694,378.97.
Market cap
$10.59B
24h volume
$222.10M
Circulating supply
87.44B TRX

Conversion tables

The exchange rate of TRON is increasing.
1 TRX is currently valued at ₮ 417.88 MNT , which means buying 5 TRX will cost ₮ 2,089.42 MNT . Similarly, ₮1 MNT can be traded for 0.002393 TRX, and ₮50 MNT can be converted to 0.1197 TRX, excluding any platform or gas fees.
The exchange rate of 1 TRX to Mongolian Tugrik has changed by -4.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.70%, reaching a high of 425.49 MNT and a low of 416.11 MNT . One month ago, the value of 1 TRX was ₮ 380.93 MNT , which represents a +9.70% change from its current value. Over the last year, TRON has changed by
+
166.82MNT
, resulting in a change of +66.41% in its value.

TRX to MNT

Amount
19:38 today
0.5 TRX
208.94
1 TRX
417.88
5 TRX
2,089.42
10 TRX
4,178.84
50 TRX
20,894.18
100 TRX
41,788.36
500 TRX
208,941.82
1000 TRX
417,883.63

MNT to TRX

Amount19:38 today
0.5MNT0.001197  TRX
1MNT0.002393  TRX
5MNT0.01197  TRX
10MNT0.02393  TRX
50MNT0.1197  TRX
100MNT0.2393  TRX
500MNT1.2  TRX
1000MNT2.39  TRX
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Today vs. 24 hours ago

Amount19:38 today24 hours ago24h change
0.5 TRX$0.06056$0.06161
-1.70%
1 TRX$0.1211$0.1232
-1.70%
5 TRX$0.6056$0.6161
-1.70%
10 TRX$1.21$1.23
-1.70%
50 TRX$6.06$6.16
-1.70%
100 TRX$12.11$12.32
-1.70%
500 TRX$60.56$61.61
-1.70%
1000 TRX$121.13$123.22
-1.70%

Today vs. 1 month ago

Amount19:38 today1 month ago1M change
0.5 TRX$0.06056$0.05521
+9.70%
1 TRX$0.1211$0.1104
+9.70%
5 TRX$0.6056$0.5521
+9.70%
10 TRX$1.21$1.1
+9.70%
50 TRX$6.06$5.52
+9.70%
100 TRX$12.11$11.04
+9.70%
500 TRX$60.56$55.21
+9.70%
1000 TRX$121.13$110.41
+9.70%
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Today vs. 1 year ago

Amount19:38 today1 year ago1Y change
0.5 TRX$0.06056$0.03639
+66.41%
1 TRX$0.1211$0.07277
+66.41%
5 TRX$0.6056$0.3639
+66.41%
10 TRX$1.21$0.7277
+66.41%
50 TRX$6.06$3.64
+66.41%
100 TRX$12.11$7.28
+66.41%
500 TRX$60.56$36.39
+66.41%
1000 TRX$121.13$72.77
+66.41%

TRON price prediction

What will the price of TRX be in 2025?

Based on TRX's historical price performance prediction model, the price of TRX is projected to reach $0.1338 in 2025.

What will the price of TRX be in 2030?

In 2030, the TRX price is expected to rise by -12.00%. By the end of 2030, the TRX price is projected to reach $0.2662, with a cumulative ROI of +119.80%.
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