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base info Avalanche

Avalanche to Mongolian Tugrik Converter and calculator

Convert 1Avalanche (AVAX) to Mongolian Tugrik (MNT) equals ₮ 122,313.64 | Bitget

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 Avalanche currency pair is the AVAX to MNT, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

AVAX to MNT conversion rate trend

In the past 1D, Avalanche has changed +2.52% to MNT. Based on the trend and price charts, Avalanche(AVAX) has changed +2.52% to MNT while Mongolian Tugrik(MNT) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
Coinbase Exchange
0.1000% / 0.1000%
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/19 12:00:30(UTC+0)

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

Avalanche to Mongolian Tugrik is falling this week.
Avalanche's current market price is ₮ 122,313.64 per AVAX, with a total market cap of ₮ 46,233,306,590,511.96 MNT based on a circulating supply of 377,989,820 AVAX. The trading volume of Avalanche has changed by +0.44% (₮ 10,482,948,904.12 MNT) in the last 24 hours. Last trading day, AVAX's trading volume was ₮ 2,357,838,260,036.09.
Market cap
24h volume
Circulating supply
377.99M AVAX

Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at ₮ 122,313.64 MNT , which means buying 5 AVAX will cost ₮ 611,568.18 MNT . Similarly, ₮1 MNT can be traded for 0.{5}8176 AVAX, and ₮50 MNT can be converted to 0.0004088 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Mongolian Tugrik has changed by -22.34% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.52%, reaching a high of 124,163.15 MNT and a low of 110,431.36 MNT . One month ago, the value of 1 AVAX was ₮ 188,252.87 MNT , which represents a -35.03% change from its current value. Over the last year, Avalanche has changed by
, resulting in a change of +86.59% in its value.


12:31 today
0.5 AVAX
100 AVAX
500 AVAX
1000 AVAX


Amount12:31 today
0.5MNT0.{5}4088  AVAX
1MNT0.{5}8176  AVAX
5MNT0.{4}4088  AVAX
10MNT0.{4}8176  AVAX
50MNT0.0004088  AVAX
100MNT0.0008176  AVAX
500MNT0.004088  AVAX
1000MNT0.008176  AVAX

Today vs. 24 hours ago

Amount12:31 today24 hours ago24h change
0.5 AVAX$17.73$17.29
1 AVAX$35.45$34.58
5 AVAX$177.27$172.9
10 AVAX$354.53$345.81
50 AVAX$1,772.66$1,729.03
100 AVAX$3,545.32$3,458.06
500 AVAX$17,726.61$17,290.32
1000 AVAX$35,453.23$34,580.65

Today vs. 1 month ago

Amount12:31 today1 month ago1M change
0.5 AVAX$17.73$27.28
1 AVAX$35.45$54.57
5 AVAX$177.27$272.83
10 AVAX$354.53$545.66
50 AVAX$1,772.66$2,728.3
100 AVAX$3,545.32$5,456.6
500 AVAX$17,726.61$27,283.02
1000 AVAX$35,453.23$54,566.05

Today vs. 1 year ago

Amount12:31 today1 year ago1Y change
0.5 AVAX$17.73$9.5
1 AVAX$35.45$19
5 AVAX$177.27$95
10 AVAX$354.53$190
50 AVAX$1,772.66$950.02
100 AVAX$3,545.32$1,900.03
500 AVAX$17,726.61$9,500.17
1000 AVAX$35,453.23$19,000.35


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