PAID
MNT
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of PAID(PAID) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 PAID at a value of 1 PAID for 188.88 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.
Bitget crypto-to-fiat exchange data shows that the most popular PAID currency pair is the PAID to MNT, with for PAID's currency code being PAID. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.
PAID to MNT conversion rate trend
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In the past 1D, PAID has changed +4.36% to MNT. Based on the trend and price charts, PAID(PAID) has changed +4.36% to MNT while Mongolian Tugrik(MNT) has changed % to PAID in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₮195.81 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:30:33(UTC+0)
How to buy PAID
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.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy PAID (PAID)
Use a variety of payment options to buy PAID on Bitget. We'll show you how.
Buy PAID (or USDT) for MNT (Mongolian Tugrik) offers
Bitget P2P trading does not currently support direct buying of PAID with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy PAID with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell PAID (or USDT) for MNT (Mongolian Tugrik) offers
Bitget P2P trading currently does not support direct selling of PAID to MNT. However, you can first exchange PAID for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of PAID to Mongolian Tugrik?
PAID to Mongolian Tugrik is rising this week.PAID's current market price is ₮ 188.88 per PAID, with a total market cap of ₮ 80,859,526,472.28 MNT based on a circulating supply of 428,107,900 PAID. The trading volume of PAID has changed by +58.16% (₮ 57,555,562.45 MNT) in the last 24 hours. Last trading day, PAID's trading volume was ₮ 98,964,306.57.
Market cap
$23.80M
24h volume
$46.06K
Circulating supply
428.11M PAID
Conversion tables
The exchange rate of PAID is decreasing.1 PAID is currently valued at ₮ 188.88 MNT , which means buying 5 PAID will cost ₮ 944.38 MNT . Similarly, ₮1 MNT can be traded for 0.005294 PAID, and ₮50 MNT can be converted to 0.2647 PAID, excluding any platform or gas fees.
The exchange rate of 1 PAID to Mongolian Tugrik has changed by +5.84% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.36%, reaching a high of 201.83 MNT and a low of 178.72 MNT . One month ago, the value of 1 PAID was ₮ 203.65 MNT , which represents a -7.26% change from its current value. Over the last year, PAID has changed by , resulting in a change of +29.60% in its value.
+₮
43.08MNTPAID to MNT
Amount
19:52 today
0.5 PAID
₮94.44
1 PAID
₮188.88
5 PAID
₮944.38
10 PAID
₮1,888.77
50 PAID
₮9,443.83
100 PAID
₮18,887.65
500 PAID
₮94,438.25
1000 PAID
₮188,876.5
MNT to PAID
Amount19:52 today
0.5MNT0.002647 PAID
1MNT0.005294 PAID
5MNT0.02647 PAID
10MNT0.05294 PAID
50MNT0.2647 PAID
100MNT0.5294 PAID
500MNT2.65 PAID
1000MNT5.29 PAID
Today vs. 24 hours ago
| Amount | 19:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAID | $0.02779 | $0.02663 | +4.36% |
| 1 PAID | $0.05558 | $0.05327 | +4.36% |
| 5 PAID | $0.2779 | $0.2663 | +4.36% |
| 10 PAID | $0.5558 | $0.5327 | +4.36% |
| 50 PAID | $2.78 | $2.66 | +4.36% |
| 100 PAID | $5.56 | $5.33 | +4.36% |
| 500 PAID | $27.79 | $26.63 | +4.36% |
| 1000 PAID | $55.58 | $53.27 | +4.36% |
Today vs. 1 month ago
| Amount | 19:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAID | $0.02779 | $0.02997 | -7.26% |
| 1 PAID | $0.05558 | $0.05993 | -7.26% |
| 5 PAID | $0.2779 | $0.2997 | -7.26% |
| 10 PAID | $0.5558 | $0.5993 | -7.26% |
| 50 PAID | $2.78 | $3 | -7.26% |
| 100 PAID | $5.56 | $5.99 | -7.26% |
| 500 PAID | $27.79 | $29.97 | -7.26% |
| 1000 PAID | $55.58 | $59.93 | -7.26% |
Today vs. 1 year ago
| Amount | 19:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAID | $0.02779 | $0.02145 | +29.60% |
| 1 PAID | $0.05558 | $0.04291 | +29.60% |
| 5 PAID | $0.2779 | $0.2145 | +29.60% |
| 10 PAID | $0.5558 | $0.4291 | +29.60% |
| 50 PAID | $2.78 | $2.15 | +29.60% |
| 100 PAID | $5.56 | $4.29 | +29.60% |
| 500 PAID | $27.79 | $21.45 | +29.60% |
| 1000 PAID | $55.58 | $42.91 | +29.60% |
PAID price prediction
What will the price of PAID be in 2025?
Based on PAID's historical price performance prediction model, the price of PAID is projected to reach $0.08745 in 2025.
What will the price of PAID be in 2030?
In 2030, the PAID price is expected to change by -2.00%. By the end of 2030, the PAID price is projected to reach $0.1410, with a cumulative ROI of +178.83%.
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Popular PAID conversions
Check out these popular currency conversions of PAID to several fiat currencies.
PAID to USD
1 PAID to $ 0.05558 USD
PAID to GBP
1 PAID to £ 0.04411 GBP
PAID to EUR
1 PAID to € 0.05301 EUR
PAID to KRW
1 PAID to ₩ 77.85 KRW
PAID to CAD
1 PAID to $ 0.07761 CAD
PAID to AUD
1 PAID to $ 0.08529 AUD
PAID to JPY
1 PAID to ¥ 8.59 JPY
PAID to BRL
1 PAID to R$ 0.3234 BRL
PAID to CNY
1 PAID to ¥ 0.4029 CNY
PAID to TWD
1 PAID to NT$ 1.81 TWD
Popular cryptocurrencies to MNT
Explore other cryptocurrencies based on your interest in PAID.
MAD to MNT
1 MAD to ₮ -- MNT
XRP to MNT
1 XRP to ₮ 3,990.61 MNT
EGO to MNT
1 EGO to ₮ 71.78 MNT
Sharpe AI to MNT
1 SAI to ₮ 115.61 MNT
Solana to MNT
1 SOL to ₮ 867,729.59 MNT
Bitcoin to MNT
1 BTC to ₮ 333,759,715.2 MNT
Dogecoin to MNT
1 DOGE to ₮ 1,308.9 MNT
Pepe to MNT
1 PEPE to ₮ 0.07010 MNT
Peanut the Squirrel to MNT
1 PNUT to ₮ 4,534.69 MNT
Sui to MNT
1 SUI to ₮ 12,203.58 MNT
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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 PAID 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 PAID 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 PAID 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.
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.
