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Bitcoin SV to Mongolian Tugrik Converter and calculator

Convert 1Bitcoin SV (BSV) to Mongolian Tugrik (MNT) equals ₮ 249,110.65 | 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 Bitcoin SV(BSV) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 BSV at a value of 1 BSV for 249,110.65 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 Bitcoin SV currency pair is the BSV to MNT, with for Bitcoin SV's currency code being BSV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

BSV to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bitcoin SV has changed +0.62% to MNT. Based on the trend and price charts, Bitcoin SV(BSV) has changed +0.62% to MNT while Mongolian Tugrik(MNT) has changed % to BSV in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮248,986.5
0.0001% / 0.0004%vip-iconVIP
OKX
₮248,883
0.080% / 0.100%
Yes
Huobi
₮248,875.76
0.1000% / 0.1000%
Yes
Gate.io
₮248,952
0.1000% / 0.1000%
Yes
KuCoin
₮249,469.5
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 07:00:34(UTC+0)

What factors influence the conversion rate of Bitcoin SV to Mongolian Tugrik?

Bitcoin SV to Mongolian Tugrik is rising this week.
Bitcoin SV's current market price is ₮ 249,110.65 per BSV, with a total market cap of ₮ 4,905,542,187,659.76 MNT based on a circulating supply of 19,692,222 BSV. The trading volume of Bitcoin SV has changed by -10.86% (₮ -15,794,354,163.25 MNT) in the last 24 hours. Last trading day, BSV's trading volume was ₮ 145,458,811,814.44.
Market cap
$1.42B
24h volume
$37.58M
Circulating supply
19.69M BSV

Conversion tables

The exchange rate of Bitcoin SV is decreasing.
1 BSV is currently valued at ₮ 249,110.65 MNT , which means buying 5 BSV will cost ₮ 1,245,553.26 MNT . Similarly, ₮1 MNT can be traded for 0.{5}4014 BSV, and ₮50 MNT can be converted to 0.0002007 BSV, excluding any platform or gas fees.
The exchange rate of 1 BSV to Mongolian Tugrik has changed by +7.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.62%, reaching a high of 250,361.55 MNT and a low of 243,962.95 MNT . One month ago, the value of 1 BSV was ₮ 299,805.4 MNT , which represents a -16.91% change from its current value. Over the last year, Bitcoin SV has changed by
+
28,672.55MNT
, resulting in a change of +113.03% in its value.

BSV to MNT

Amount
07:19 am today
0.5 BSV
124,555.33
1 BSV
249,110.65
5 BSV
1,245,553.26
10 BSV
2,491,106.52
50 BSV
12,455,532.58
100 BSV
24,911,065.17
500 BSV
124,555,325.85
1000 BSV
249,110,651.7

MNT to BSV

Amount07:19 am today
0.5MNT0.{5}2007  BSV
1MNT0.{5}4014  BSV
5MNT0.{4}2007  BSV
10MNT0.{4}4014  BSV
50MNT0.0002007  BSV
100MNT0.0004014  BSV
500MNT0.002007  BSV
1000MNT0.004014  BSV
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Today vs. 24 hours ago

Amount07:19 am today24 hours ago24h change
0.5 BSV$36.1$35.88
+0.62%
1 BSV$72.21$71.76
+0.62%
5 BSV$361.03$358.79
+0.62%
10 BSV$722.06$717.58
+0.62%
50 BSV$3,610.3$3,587.91
+0.62%
100 BSV$7,220.6$7,175.81
+0.62%
500 BSV$36,102.99$35,879.06
+0.62%
1000 BSV$72,205.99$71,758.13
+0.62%

Today vs. 1 month ago

Amount07:19 am today1 month ago1M change
0.5 BSV$36.1$43.45
-16.91%
1 BSV$72.21$86.9
-16.91%
5 BSV$361.03$434.5
-16.91%
10 BSV$722.06$869
-16.91%
50 BSV$3,610.3$4,345.01
-16.91%
100 BSV$7,220.6$8,690.01
-16.91%
500 BSV$36,102.99$43,450.06
-16.91%
1000 BSV$72,205.99$86,900.12
-16.91%

Today vs. 1 year ago

Amount07:19 am today1 year ago1Y change
0.5 BSV$36.1$16.95
+113.03%
1 BSV$72.21$33.9
+113.03%
5 BSV$361.03$169.48
+113.03%
10 BSV$722.06$338.95
+113.03%
50 BSV$3,610.3$1,694.76
+113.03%
100 BSV$7,220.6$3,389.51
+113.03%
500 BSV$36,102.99$16,947.55
+113.03%
1000 BSV$72,205.99$33,895.1
+113.03%

FAQ

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.