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XBIT to Mongolian Tugrik Converter and calculator

Convert 1XBIT (XBT) to Mongolian Tugrik (MNT) equals ₮ 34.67 | Bitget
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Last updated 2024/12/22 01:37:10 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of XBIT(XBT) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 XBT at a value of 1 XBT for 34.67 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 XBIT currency pair is the XBT to MNT, with for XBIT's currency code being XBT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

XBT to MNT conversion rate trend

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Live XBIT (XBT) price chart
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In the past 1D, XBIT has changed -0.01% to MNT. Based on the trend and price charts, XBIT(XBT) has changed -0.01% to MNT while Mongolian Tugrik(MNT) has changed +0.01% to XBT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮34.67
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 00:35:19(UTC+0)

How to buy XBIT

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy XBIT (XBT)
Use a variety of payment options to buy XBIT on Bitget. We'll show you how.

Buy XBT (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading does not currently support direct buying of XBT with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy XBT with USDT via Bitget spot market.
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Low to high
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Sell XBT (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of XBT to MNT. However, you can first exchange XBT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of XBIT to Mongolian Tugrik?

XBIT to Mongolian Tugrik is falling this week.
XBIT's current market price is ₮ 34.67 per XBT, with a total market cap of ₮ 0 MNT based on a circulating supply of -- XBT. The trading volume of XBIT has changed by 0.00% (₮ 0 MNT) in the last 24 hours. Last trading day, XBT's trading volume was ₮ 0.
Market cap
$0
24h volume
$0
Circulating supply
0 XBT

Conversion tables

The exchange rate of XBIT is decreasing.
1 XBT is currently valued at ₮ 34.67 MNT , which means buying 5 XBT will cost ₮ 173.33 MNT . Similarly, ₮1 MNT can be traded for 0.02885 XBT, and ₮50 MNT can be converted to 1.44 XBT, excluding any platform or gas fees.
The exchange rate of 1 XBT to Mongolian Tugrik has changed by -0.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 37.37 MNT and a low of 37.32 MNT . One month ago, the value of 1 XBT was ₮ 34.71 MNT , which represents a -0.11% change from its current value. Over the last year, XBIT has changed by
-
3.42MNT
, resulting in a change of -8.39% in its value.

XBT to MNT

Amount
01:37 am today
0.5 XBT
17.33
1 XBT
34.67
5 XBT
173.33
10 XBT
346.67
50 XBT
1,733.33
100 XBT
3,466.66
500 XBT
17,333.31
1000 XBT
34,666.63

MNT to XBT

Amount01:37 am today
0.5MNT0.01442  XBT
1MNT0.02885  XBT
5MNT0.1442  XBT
10MNT0.2885  XBT
50MNT1.44  XBT
100MNT2.88  XBT
500MNT14.42  XBT
1000MNT28.85  XBT

Today vs. 24 hours ago

Amount01:37 am today24 hours ago24h change
0.5 XBT$0.005101$0.005101
-0.01%
1 XBT$0.01020$0.01020
-0.01%
5 XBT$0.05101$0.05101
-0.01%
10 XBT$0.1020$0.1020
-0.01%
50 XBT$0.5101$0.5101
-0.01%
100 XBT$1.02$1.02
-0.01%
500 XBT$5.1$5.1
-0.01%
1000 XBT$10.2$10.2
-0.01%

Today vs. 1 month ago

Amount01:37 am today1 month ago1M change
0.5 XBT$0.005101$0.005107
-0.11%
1 XBT$0.01020$0.01021
-0.11%
5 XBT$0.05101$0.05107
-0.11%
10 XBT$0.1020$0.1021
-0.11%
50 XBT$0.5101$0.5107
-0.11%
100 XBT$1.02$1.02
-0.11%
500 XBT$5.1$5.11
-0.11%
1000 XBT$10.2$10.21
-0.11%

Today vs. 1 year ago

Amount01:37 am today1 year ago1Y change
0.5 XBT$0.005101$0.005604
-8.39%
1 XBT$0.01020$0.01121
-8.39%
5 XBT$0.05101$0.05604
-8.39%
10 XBT$0.1020$0.1121
-8.39%
50 XBT$0.5101$0.5604
-8.39%
100 XBT$1.02$1.12
-8.39%
500 XBT$5.1$5.6
-8.39%
1000 XBT$10.2$11.21
-8.39%

XBIT price prediction

What will the price of XBT be in 2025?

Based on XBT's historical price performance prediction model, the price of XBT is projected to reach $0.02217 in 2025.

What will the price of XBT be in 2030?

In 2030, the XBT price is expected to change by +9.00%. By the end of 2030, the XBT price is projected to reach $0.03576, with a cumulative ROI of +250.56%.

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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.