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base info Cronos

Cronos to Mongolian Tugrik Converter and calculator

Convert 1Cronos (CRO) to Mongolian Tugrik (MNT) equals ₮ 444.3 | 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 Cronos currency pair is the CRO to MNT, with for Cronos's currency code being CRO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

CRO to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Cronos has changed +1.20% to MNT. Based on the trend and price charts, Cronos(CRO) has changed +1.20% to MNT while Mongolian Tugrik(MNT) has changed % to CRO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮448.98
0.0001% / 0.0004%vip-iconVIP
Coinbase Exchange
₮448.84
0.1000% / 0.1000%
Yes
OKX
₮447.95
0.080% / 0.100%
Yes
Gate.io
₮447.81
0.1000% / 0.1000%
Yes
KuCoin
₮448.19
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 16:00:30(UTC+0)

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

Cronos to Mongolian Tugrik is falling this week.
Cronos's current market price is ₮ 444.3 per CRO, with a total market cap of ₮ 11,805,757,033,313.45 MNT based on a circulating supply of 26,571,560,000 CRO. The trading volume of Cronos has changed by -42.36% (₮ -70,663,041,093.79 MNT) in the last 24 hours. Last trading day, CRO's trading volume was ₮ 166,804,069,347.93.
Market cap
$3.42B
24h volume
$27.87M
Circulating supply
26.57B CRO

Conversion tables

The exchange rate of Cronos is decreasing.
1 CRO is currently valued at ₮ 444.3 MNT , which means buying 5 CRO will cost ₮ 2,221.5 MNT . Similarly, ₮1 MNT can be traded for 0.002251 CRO, and ₮50 MNT can be converted to 0.1125 CRO, excluding any platform or gas fees.
The exchange rate of 1 CRO to Mongolian Tugrik has changed by -14.80% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.20%, reaching a high of 478.74 MNT and a low of 422.89 MNT . One month ago, the value of 1 CRO was ₮ 484.46 MNT , which represents a -8.29% change from its current value. Over the last year, Cronos has changed by
+
194.5MNT
, resulting in a change of +77.86% in its value.

CRO to MNT

Amount
16:49 today
0.5 CRO
222.15
1 CRO
444.3
5 CRO
2,221.5
10 CRO
4,443
50 CRO
22,215.02
100 CRO
44,430.05
500 CRO
222,150.24
1000 CRO
444,300.49

MNT to CRO

Amount16:49 today
0.5MNT0.001125  CRO
1MNT0.002251  CRO
5MNT0.01125  CRO
10MNT0.02251  CRO
50MNT0.1125  CRO
100MNT0.2251  CRO
500MNT1.13  CRO
1000MNT2.25  CRO
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Today vs. 24 hours ago

Amount16:49 today24 hours ago24h change
0.5 CRO$0.06439$0.06363
+1.20%
1 CRO$0.1288$0.1273
+1.20%
5 CRO$0.6439$0.6363
+1.20%
10 CRO$1.29$1.27
+1.20%
50 CRO$6.44$6.36
+1.20%
100 CRO$12.88$12.73
+1.20%
500 CRO$64.39$63.63
+1.20%
1000 CRO$128.78$127.25
+1.20%

Today vs. 1 month ago

Amount16:49 today1 month ago1M change
0.5 CRO$0.06439$0.07021
-8.29%
1 CRO$0.1288$0.1404
-8.29%
5 CRO$0.6439$0.7021
-8.29%
10 CRO$1.29$1.4
-8.29%
50 CRO$6.44$7.02
-8.29%
100 CRO$12.88$14.04
-8.29%
500 CRO$64.39$70.21
-8.29%
1000 CRO$128.78$140.42
-8.29%

Today vs. 1 year ago

Amount16:49 today1 year ago1Y change
0.5 CRO$0.06439$0.03620
+77.86%
1 CRO$0.1288$0.07241
+77.86%
5 CRO$0.6439$0.3620
+77.86%
10 CRO$1.29$0.7241
+77.86%
50 CRO$6.44$3.62
+77.86%
100 CRO$12.88$7.24
+77.86%
500 CRO$64.39$36.2
+77.86%
1000 CRO$128.78$72.41
+77.86%

FAQ

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