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Ethereum Classic to Mongolian Tugrik Converter and calculator

Convert 1Ethereum Classic (ETC) to Mongolian Tugrik (MNT) equals ₮ 97,152.21 | 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 Ethereum Classic(ETC) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 ETC at a value of 1 ETC for 97,152.21 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 Ethereum Classic currency pair is the ETC to MNT, with for Ethereum Classic's currency code being ETC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

ETC to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum Classic has changed -0.65% to MNT. Based on the trend and price charts, Ethereum Classic(ETC) has changed -0.65% to MNT while Mongolian Tugrik(MNT) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮97,369.35
0.0001% / 0.0004%vip-iconVIP
Binance
₮97,531.5
0.1000% / 0.1000%
Yes
OKX
₮97,531.5
0.080% / 0.100%
Yes
Huobi
₮97,497.35
0.1000% / 0.1000%
Yes
Gate.io
₮97,490.1
0.1000% / 0.1000%
Yes
Bybit
₮97,359
0.1000% / 0.1000%
Yes
KuCoin
₮97,415.93
0.1000% / 0.1000%
Yes
Bitfinex
₮97,148.55
0.1000% / 0.1000%
Yes
Last updated 2024/04/23 20:00:34(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Mongolian Tugrik?

Ethereum Classic to Mongolian Tugrik is rising this week.
Ethereum Classic's current market price is ₮ 97,152.21 per ETC, with a total market cap of ₮ 14,252,288,791,633.45 MNT based on a circulating supply of 146,700,620 ETC. The trading volume of Ethereum Classic has changed by -22.63% (₮ -139,097,540,257.82 MNT) in the last 24 hours. Last trading day, ETC's trading volume was ₮ 614,619,182,368.89.
Market cap
$4.13B
24h volume
$137.83M
Circulating supply
146.70M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at ₮ 97,152.21 MNT , which means buying 5 ETC will cost ₮ 485,761.04 MNT . Similarly, ₮1 MNT can be traded for 0.{4}1029 ETC, and ₮50 MNT can be converted to 0.0005147 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Mongolian Tugrik has changed by +9.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.65%, reaching a high of 98,531.6 MNT and a low of 95,836.75 MNT . One month ago, the value of 1 ETC was ₮ 107,447.54 MNT , which represents a -9.57% change from its current value. Over the last year, Ethereum Classic has changed by
+
2,818.96MNT
, resulting in a change of +45.49% in its value.

ETC to MNT

Amount
20:14 today
0.5 ETC
48,576.1
1 ETC
97,152.21
5 ETC
485,761.04
10 ETC
971,522.07
50 ETC
4,857,610.35
100 ETC
9,715,220.7
500 ETC
48,576,103.5
1000 ETC
97,152,207

MNT to ETC

Amount20:14 today
0.5MNT0.{5}5147  ETC
1MNT0.{4}1029  ETC
5MNT0.{4}5147  ETC
10MNT0.0001029  ETC
50MNT0.0005147  ETC
100MNT0.001029  ETC
500MNT0.005147  ETC
1000MNT0.01029  ETC
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Today vs. 24 hours ago

Amount20:14 today24 hours ago24h change
0.5 ETC$14.08$14.17
-0.65%
1 ETC$28.16$28.34
-0.65%
5 ETC$140.8$141.72
-0.65%
10 ETC$281.6$283.44
-0.65%
50 ETC$1,408$1,417.21
-0.65%
100 ETC$2,816.01$2,834.41
-0.65%
500 ETC$14,080.03$14,172.06
-0.65%
1000 ETC$28,160.06$28,344.11
-0.65%

Today vs. 1 month ago

Amount20:14 today1 month ago1M change
0.5 ETC$14.08$15.57
-9.57%
1 ETC$28.16$31.14
-9.57%
5 ETC$140.8$155.72
-9.57%
10 ETC$281.6$311.44
-9.57%
50 ETC$1,408$1,557.21
-9.57%
100 ETC$2,816.01$3,114.42
-9.57%
500 ETC$14,080.03$15,572.11
-9.57%
1000 ETC$28,160.06$31,144.22
-9.57%

Today vs. 1 year ago

Amount20:14 today1 year ago1Y change
0.5 ETC$14.08$9.67
+45.49%
1 ETC$28.16$19.34
+45.49%
5 ETC$140.8$96.71
+45.49%
10 ETC$281.6$193.43
+45.49%
50 ETC$1,408$967.15
+45.49%
100 ETC$2,816.01$1,934.3
+45.49%
500 ETC$14,080.03$9,671.49
+45.49%
1000 ETC$28,160.06$19,342.97
+45.49%

FAQ

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