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Gnosis to Mongolian Tugrik Converter and calculator

Convert 1Gnosis (GNO) to Mongolian Tugrik (MNT) equals ₮ 1,141,607.52 | 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 Gnosis(GNO) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 GNO at a value of 1 GNO for 1,141,607.52 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 Gnosis currency pair is the GNO to MNT, with for Gnosis's currency code being GNO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

GNO to MNT conversion rate trend

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In the past 1D, Gnosis has changed -4.50% to MNT. Based on the trend and price charts, Gnosis(GNO) has changed -4.50% to MNT while Mongolian Tugrik(MNT) has changed % to GNO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮1,140,949.5
0.0001% / 0.0004%vip-iconVIP
Binance
₮1,140,915
0.1000% / 0.1000%
Yes
Huobi
₮1,138,525.53
0.1000% / 0.1000%
Yes
Gate.io
₮1,139,776.5
0.1000% / 0.1000%
Yes
Last updated 2024/05/22 18:00:17(UTC+0)

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

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

Gnosis to Mongolian Tugrik is rising this week.
Gnosis's current market price is ₮ 1,141,607.52 per GNO, with a total market cap of ₮ 2,956,293,175,302.17 MNT based on a circulating supply of 2,589,588 GNO. The trading volume of Gnosis has changed by -39.47% (₮ -34,597,407,031.75 MNT) in the last 24 hours. Last trading day, GNO's trading volume was ₮ 87,651,836,600.05.
Market cap
$856.90M
24h volume
$15.38M
Circulating supply
2.59M GNO

Conversion tables

The exchange rate of Gnosis is decreasing.
1 GNO is currently valued at ₮ 1,141,607.52 MNT , which means buying 5 GNO will cost ₮ 5,708,037.59 MNT . Similarly, ₮1 MNT can be traded for 0.{6}8760 GNO, and ₮50 MNT can be converted to 0.{4}4380 GNO, excluding any platform or gas fees.
The exchange rate of 1 GNO to Mongolian Tugrik has changed by +19.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.50%, reaching a high of 1,199,365.59 MNT and a low of 1,126,124.09 MNT . One month ago, the value of 1 GNO was ₮ 1,324,504.89 MNT , which represents a -13.81% change from its current value. Over the last year, Gnosis has changed by
+
48,102.07MNT
, resulting in a change of +182.99% in its value.

GNO to MNT

Amount
18:07 today
0.5 GNO
570,803.76
1 GNO
1,141,607.52
5 GNO
5,708,037.59
10 GNO
11,416,075.19
50 GNO
57,080,375.92
100 GNO
114,160,751.85
500 GNO
570,803,759.25
1000 GNO
1,141,607,518.5

MNT to GNO

Amount18:07 today
0.5MNT0.{6}4380  GNO
1MNT0.{6}8760  GNO
5MNT0.{5}4380  GNO
10MNT0.{5}8760  GNO
50MNT0.{4}4380  GNO
100MNT0.{4}8760  GNO
500MNT0.0004380  GNO
1000MNT0.0008760  GNO
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Today vs. 24 hours ago

Amount18:07 today24 hours ago24h change
0.5 GNO$165.45$173.25
-4.50%
1 GNO$330.9$346.5
-4.50%
5 GNO$1,654.5$1,732.52
-4.50%
10 GNO$3,309.01$3,465.05
-4.50%
50 GNO$16,545.04$17,325.24
-4.50%
100 GNO$33,090.07$34,650.49
-4.50%
500 GNO$165,450.36$173,252.44
-4.50%
1000 GNO$330,900.73$346,504.88
-4.50%

Today vs. 1 month ago

Amount18:07 today1 month ago1M change
0.5 GNO$165.45$191.96
-13.81%
1 GNO$330.9$383.91
-13.81%
5 GNO$1,654.5$1,919.57
-13.81%
10 GNO$3,309.01$3,839.14
-13.81%
50 GNO$16,545.04$19,195.72
-13.81%
100 GNO$33,090.07$38,391.45
-13.81%
500 GNO$165,450.36$191,957.23
-13.81%
1000 GNO$330,900.73$383,914.46
-13.81%
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Today vs. 1 year ago

Amount18:07 today1 year ago1Y change
0.5 GNO$165.45$58.48
+182.99%
1 GNO$330.9$116.96
+182.99%
5 GNO$1,654.5$584.79
+182.99%
10 GNO$3,309.01$1,169.58
+182.99%
50 GNO$16,545.04$5,847.9
+182.99%
100 GNO$33,090.07$11,695.81
+182.99%
500 GNO$165,450.36$58,479.05
+182.99%
1000 GNO$330,900.73$116,958.1
+182.99%

Gnosis price prediction

What will the price of GNO be in 2025?

Based on GNO's historical price performance prediction model, the price of GNO is projected to reach $455.11 in 2025.

What will the price of GNO be in 2030?

In 2030, the GNO price is expected to rise by +1.00%. By the end of 2030, the GNO price is projected to reach $556.08, with a cumulative ROI of +68.05%.
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