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.
RDNT to MNT conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
BitgetBest | ₮331.1 | 0.0200% / 0.0320%VIP 7 | |
Binance | ₮331.55 | 0.1000% / 0.1000% | Yes |
OKX | ₮331.2 | 0.080% / 0.100% | Yes |
Huobi | ₮395.37 | 0.1000% / 0.1000% | Yes |
Gate.io | ₮331.03 | 0.1000% / 0.1000% | Yes |
Bybit | ₮331.89 | 0.1000% / 0.1000% | Yes |
KuCoin | ₮331.55 | 0.1000% / 0.1000% | Yes |
How to buy Radiant Capital
Buy RDNT (or USDT) for MNT (Mongolian Tugrik) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
n ninos.finance 340 trades|Completion rate 100.00% | 0.999 USD | Amount50 USDT Limit10 - 25 USD | ||
O OTEDOLA 70 trades|Completion rate 100.00% | 0.999 USD | Amount150 USDT Limit10 - 149.85 USD | ||
P Ponreay_FX 160 trades|Completion rate 99.00% | 1.01 USD | Amount193.35 USDT Limit10 - 195.283 USD | ||
金 金边安欣币行 379 trades|Completion rate 100.00% | 1.01 USD | Amount1424.59 USDT Limit10 - 700 USD | ||
T TreblaIndustries- 32 trades|Completion rate 91.00% | 1.015 USD | Amount700 USDT Limit599.99 - 600 USD |
Sell RDNT (or USDT) for MNT (Mongolian Tugrik) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
S Suarman Trades 20 trades|Completion rate 95.00% | 1.2 USD | Amount40000 USDT Limit1200 - 46000 USD | ||
R Russiad_BC 24 trades|Completion rate 96.00% | 1.199 USD | Amount3685.83 USDT Limit10 - 4000 USD | ||
R Recharge 41 trades|Completion rate 98.00% | 1.123 USD | Amount1463 USDT Limit10 - 1007 USD | ||
c cR7_trader 2 trades|Completion rate 100.00% | 1.123 USD | Amount4788.74 USDT Limit100 - 5000 USD | ||
B BGUSER-VBXPGM6X 50 trades|Completion rate 93.00% | 1.122 USD | Amount99027.94 USDT Limit10 - 50000 USD |
What factors influence the conversion rate of Radiant Capital to Mongolian Tugrik?
Radiant Capital to Mongolian Tugrik is falling this week.Conversion tables
The exchange rate of Radiant Capital is decreasing.RDNT to MNT
MNT to RDNT
Today vs. 24 hours ago
Amount | 09:47 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 RDNT | $0.04746 | $0.04920 | -3.47% |
1 RDNT | $0.09491 | $0.09839 | -3.47% |
5 RDNT | $0.4746 | $0.4920 | -3.47% |
10 RDNT | $0.9491 | $0.9839 | -3.47% |
50 RDNT | $4.75 | $4.92 | -3.47% |
100 RDNT | $9.49 | $9.84 | -3.47% |
500 RDNT | $47.46 | $49.2 | -3.47% |
1000 RDNT | $94.91 | $98.39 | -3.47% |
Today vs. 1 month ago
Amount | 09:47 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 RDNT | $0.04746 | $0.08045 | -40.52% |
1 RDNT | $0.09491 | $0.1609 | -40.52% |
5 RDNT | $0.4746 | $0.8045 | -40.52% |
10 RDNT | $0.9491 | $1.61 | -40.52% |
50 RDNT | $4.75 | $8.05 | -40.52% |
100 RDNT | $9.49 | $16.09 | -40.52% |
500 RDNT | $47.46 | $80.45 | -40.52% |
1000 RDNT | $94.91 | $160.91 | -40.52% |
Today vs. 1 year ago
Amount | 09:47 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 RDNT | $0.04746 | $0.1421 | -66.13% |
1 RDNT | $0.09491 | $0.2841 | -66.13% |
5 RDNT | $0.4746 | $1.42 | -66.13% |
10 RDNT | $0.9491 | $2.84 | -66.13% |
50 RDNT | $4.75 | $14.21 | -66.13% |
100 RDNT | $9.49 | $28.41 | -66.13% |
500 RDNT | $47.46 | $142.06 | -66.13% |
1000 RDNT | $94.91 | $284.12 | -66.13% |
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