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base info Kaspa

Kaspa to Mongolian Tugrik Converter and calculator

Convert 1Kaspa (KAS) to Mongolian Tugrik (MNT) equals ₮ 400.16 | 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 Kaspa currency pair is the KAS to MNT, with for Kaspa's currency code being KAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

KAS to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Kaspa has changed +4.61% to MNT. Based on the trend and price charts, Kaspa(KAS) has changed +4.61% to MNT while Mongolian Tugrik(MNT) has changed % to KAS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮397.8
0.0001% / 0.0004%vip-iconVIP
Gate.io
₮395.47
0.1000% / 0.1000%
Yes
Bybit
₮398.16
0.1000% / 0.1000%
Yes
KuCoin
₮395.82
0.1000% / 0.1000%
Yes
Last updated 2024/04/17 16:00:33(UTC+0)

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

Kaspa to Mongolian Tugrik is falling this week.
Kaspa's current market price is ₮ 400.16 per KAS, with a total market cap of ₮ 9,349,675,507,177.39 MNT based on a circulating supply of 23,365,000,000 KAS. The trading volume of Kaspa has changed by -31.35% (₮ -74,125,747,038.70 MNT) in the last 24 hours. Last trading day, KAS's trading volume was ₮ 236,468,392,633.12.
Market cap
$2.71B
24h volume
$47.06M
Circulating supply
23.36B KAS

Conversion tables

The exchange rate of Kaspa is decreasing.
1 KAS is currently valued at ₮ 400.16 MNT , which means buying 5 KAS will cost ₮ 2,000.79 MNT . Similarly, ₮1 MNT can be traded for 0.002499 KAS, and ₮50 MNT can be converted to 0.1250 KAS, excluding any platform or gas fees.
The exchange rate of 1 KAS to Mongolian Tugrik has changed by -15.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.61%, reaching a high of 422.58 MNT and a low of 392.04 MNT . One month ago, the value of 1 KAS was ₮ 458.36 MNT , which represents a -12.70% change from its current value. Over the last year, Kaspa has changed by
+
307.35MNT
, resulting in a change of +331.39% in its value.

KAS to MNT

Amount
16:33 today
0.5 KAS
200.08
1 KAS
400.16
5 KAS
2,000.79
10 KAS
4,001.57
50 KAS
20,007.87
100 KAS
40,015.73
500 KAS
200,078.66
1000 KAS
400,157.32

MNT to KAS

Amount16:33 today
0.5MNT0.001250  KAS
1MNT0.002499  KAS
5MNT0.01250  KAS
10MNT0.02499  KAS
50MNT0.1250  KAS
100MNT0.2499  KAS
500MNT1.25  KAS
1000MNT2.5  KAS
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Today vs. 24 hours ago

Amount16:33 today24 hours ago24h change
0.5 KAS$0.05799$0.05544
+4.61%
1 KAS$0.1160$0.1109
+4.61%
5 KAS$0.5799$0.5544
+4.61%
10 KAS$1.16$1.11
+4.61%
50 KAS$5.8$5.54
+4.61%
100 KAS$11.6$11.09
+4.61%
500 KAS$57.99$55.44
+4.61%
1000 KAS$115.99$110.87
+4.61%

Today vs. 1 month ago

Amount16:33 today1 month ago1M change
0.5 KAS$0.05799$0.06643
-12.70%
1 KAS$0.1160$0.1329
-12.70%
5 KAS$0.5799$0.6643
-12.70%
10 KAS$1.16$1.33
-12.70%
50 KAS$5.8$6.64
-12.70%
100 KAS$11.6$13.29
-12.70%
500 KAS$57.99$66.43
-12.70%
1000 KAS$115.99$132.86
-12.70%

Today vs. 1 year ago

Amount16:33 today1 year ago1Y change
0.5 KAS$0.05799$0.01345
+331.39%
1 KAS$0.1160$0.02690
+331.39%
5 KAS$0.5799$0.1345
+331.39%
10 KAS$1.16$0.2690
+331.39%
50 KAS$5.8$1.35
+331.39%
100 KAS$11.6$2.69
+331.39%
500 KAS$57.99$13.45
+331.39%
1000 KAS$115.99$26.9
+331.39%

FAQ

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