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RMRK to Mongolian Tugrik Converter and calculator

Convert 1RMRK (RMRK) to Mongolian Tugrik (MNT) equals ₮ 948.37 | 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 RMRK(RMRK) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 RMRK at a value of 1 RMRK for 948.37 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 RMRK currency pair is the RMRK to MNT, with for RMRK's currency code being RMRK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

RMRK to MNT conversion rate trend

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In the past 1D, RMRK has changed +9.29% to MNT. Based on the trend and price charts, RMRK(RMRK) has changed +9.29% to MNT while Mongolian Tugrik(MNT) has changed % to RMRK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮946.83
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
₮920.18
0.1000% / 0.1000%
Yes
KuCoin
₮2,220.25
0.1000% / 0.1000%
Yes
Last updated 2024/08/06 01:00:15(UTC+0)

How to buy RMRK

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Buy RMRK (RMRK)
Use a variety of payment options to buy RMRK on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of RMRK with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy RMRK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell RMRK (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of RMRK to MNT. However, you can first exchange RMRK 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
Action
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What factors influence the conversion rate of RMRK to Mongolian Tugrik?

RMRK to Mongolian Tugrik is falling this week.
RMRK's current market price is ₮ 948.37 per RMRK, with a total market cap of ₮ 8,621,585,799.84 MNT based on a circulating supply of 9,090,949 RMRK. The trading volume of RMRK has changed by +15.86% (₮ 4,291,571.32 MNT) in the last 24 hours. Last trading day, RMRK's trading volume was ₮ 27,061,817.81.
Market cap
$2.54M
24h volume
$9.23K
Circulating supply
9.09M RMRK

Conversion tables

The exchange rate of RMRK is decreasing.
1 RMRK is currently valued at ₮ 948.37 MNT , which means buying 5 RMRK will cost ₮ 4,741.85 MNT . Similarly, ₮1 MNT can be traded for 0.001054 RMRK, and ₮50 MNT can be converted to 0.05272 RMRK, excluding any platform or gas fees.
The exchange rate of 1 RMRK to Mongolian Tugrik has changed by -8.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.29%, reaching a high of 969.39 MNT and a low of 852.37 MNT . One month ago, the value of 1 RMRK was ₮ 1,170.69 MNT , which represents a -19.03% change from its current value. Over the last year, RMRK has changed by
-
5,869.56MNT
, resulting in a change of -86.12% in its value.

RMRK to MNT

Amount
20:35 today
0.5 RMRK
474.19
1 RMRK
948.37
5 RMRK
4,741.85
10 RMRK
9,483.7
50 RMRK
47,418.51
100 RMRK
94,837.02
500 RMRK
474,185.12
1000 RMRK
948,370.25

MNT to RMRK

Amount20:35 today
0.5MNT0.0005272  RMRK
1MNT0.001054  RMRK
5MNT0.005272  RMRK
10MNT0.01054  RMRK
50MNT0.05272  RMRK
100MNT0.1054  RMRK
500MNT0.5272  RMRK
1000MNT1.05  RMRK

Today vs. 24 hours ago

Amount20:35 today24 hours ago24h change
0.5 RMRK$0.1395$0.1277
+9.29%
1 RMRK$0.2791$0.2554
+9.29%
5 RMRK$1.4$1.28
+9.29%
10 RMRK$2.79$2.55
+9.29%
50 RMRK$13.95$12.77
+9.29%
100 RMRK$27.91$25.54
+9.29%
500 RMRK$139.55$127.72
+9.29%
1000 RMRK$279.1$255.44
+9.29%

Today vs. 1 month ago

Amount20:35 today1 month ago1M change
0.5 RMRK$0.1395$0.1723
-19.03%
1 RMRK$0.2791$0.3445
-19.03%
5 RMRK$1.4$1.72
-19.03%
10 RMRK$2.79$3.45
-19.03%
50 RMRK$13.95$17.23
-19.03%
100 RMRK$27.91$34.45
-19.03%
500 RMRK$139.55$172.26
-19.03%
1000 RMRK$279.1$344.52
-19.03%

Today vs. 1 year ago

Amount20:35 today1 year ago1Y change
0.5 RMRK$0.1395$1
-86.12%
1 RMRK$0.2791$2.01
-86.12%
5 RMRK$1.4$10.03
-86.12%
10 RMRK$2.79$20.06
-86.12%
50 RMRK$13.95$100.32
-86.12%
100 RMRK$27.91$200.65
-86.12%
500 RMRK$139.55$1,003.23
-86.12%
1000 RMRK$279.1$2,006.45
-86.12%

RMRK price prediction

What will the price of RMRK be in 2025?

Based on RMRK's historical price performance prediction model, the price of RMRK is projected to reach $0.7511 in 2025.

What will the price of RMRK be in 2030?

In 2030, the RMRK price is expected to change by -18.00%. By the end of 2030, the RMRK price is projected to reach $1.24, with a cumulative ROI of +369.88%.

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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 RMRK 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 RMRK 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 RMRK 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.