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base info Lido DAO

Lido DAO to Mongolian Tugrik Converter and calculator

Convert 1Lido DAO (LDO) to Mongolian Tugrik (MNT) equals ₮ 6,868.79 | 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 Lido DAO(LDO) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 LDO at a value of 1 LDO for 6,868.79 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 Lido DAO currency pair is the LDO to MNT, with for Lido DAO's currency code being LDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

LDO to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Lido DAO has changed -0.80% to MNT. Based on the trend and price charts, Lido DAO(LDO) has changed -0.80% to MNT while Mongolian Tugrik(MNT) has changed % to LDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮6,868.95
0.0001% / 0.0004%vip-iconVIP
Binance
₮6,862.05
0.1000% / 0.1000%
Yes
OKX
₮6,868.95
0.080% / 0.100%
Yes
Huobi
₮6,865.5
0.1000% / 0.1000%
Yes
Gate.io
₮6,858.6
0.1000% / 0.1000%
Yes
Bybit
₮6,872.06
0.1000% / 0.1000%
Yes
KuCoin
₮6,873.78
0.1000% / 0.1000%
Yes
Bitfinex
₮6,809.27
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:32(UTC+0)

What factors influence the conversion rate of Lido DAO to Mongolian Tugrik?

Lido DAO to Mongolian Tugrik is falling this week.
Lido DAO's current market price is ₮ 6,868.79 per LDO, with a total market cap of ₮ 6,125,125,846,518.9 MNT based on a circulating supply of 891,733,500 LDO. The trading volume of Lido DAO has changed by -26.73% (₮ -57,397,895,258.82 MNT) in the last 24 hours. Last trading day, LDO's trading volume was ₮ 214,716,052,890.99.
Market cap
$1.78B
24h volume
$45.60M
Circulating supply
891.73M LDO

Conversion tables

The exchange rate of Lido DAO is decreasing.
1 LDO is currently valued at ₮ 6,868.79 MNT , which means buying 5 LDO will cost ₮ 34,343.93 MNT . Similarly, ₮1 MNT can be traded for 0.0001456 LDO, and ₮50 MNT can be converted to 0.007279 LDO, excluding any platform or gas fees.
The exchange rate of 1 LDO to Mongolian Tugrik has changed by -4.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.80%, reaching a high of 7,002.44 MNT and a low of 6,752.23 MNT . One month ago, the value of 1 LDO was ₮ 9,415.88 MNT , which represents a -27.06% change from its current value. Over the last year, Lido DAO has changed by
-
451.39MNT
, resulting in a change of -6.17% in its value.

LDO to MNT

Amount
13:20 today
0.5 LDO
3,434.39
1 LDO
6,868.79
5 LDO
34,343.93
10 LDO
68,687.85
50 LDO
343,439.27
100 LDO
686,878.54
500 LDO
3,434,392.72
1000 LDO
6,868,785.43

MNT to LDO

Amount13:20 today
0.5MNT0.{4}7279  LDO
1MNT0.0001456  LDO
5MNT0.0007279  LDO
10MNT0.001456  LDO
50MNT0.007279  LDO
100MNT0.01456  LDO
500MNT0.07279  LDO
1000MNT0.1456  LDO
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Today vs. 24 hours ago

Amount13:20 today24 hours ago24h change
0.5 LDO$0.9955$1
-0.80%
1 LDO$1.99$2.01
-0.80%
5 LDO$9.95$10.04
-0.80%
10 LDO$19.91$20.07
-0.80%
50 LDO$99.55$100.35
-0.80%
100 LDO$199.1$200.7
-0.80%
500 LDO$995.48$1,003.51
-0.80%
1000 LDO$1,990.95$2,007.02
-0.80%

Today vs. 1 month ago

Amount13:20 today1 month ago1M change
0.5 LDO$0.9955$1.36
-27.06%
1 LDO$1.99$2.73
-27.06%
5 LDO$9.95$13.65
-27.06%
10 LDO$19.91$27.29
-27.06%
50 LDO$99.55$136.46
-27.06%
100 LDO$199.1$272.92
-27.06%
500 LDO$995.48$1,364.62
-27.06%
1000 LDO$1,990.95$2,729.24
-27.06%

Today vs. 1 year ago

Amount13:20 today1 year ago1Y change
0.5 LDO$0.9955$1.06
-6.17%
1 LDO$1.99$2.12
-6.17%
5 LDO$9.95$10.61
-6.17%
10 LDO$19.91$21.22
-6.17%
50 LDO$99.55$106.09
-6.17%
100 LDO$199.1$212.18
-6.17%
500 LDO$995.48$1,060.89
-6.17%
1000 LDO$1,990.95$2,121.79
-6.17%

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.