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Maker to Mongolian Tugrik Converter and calculator

Convert 1Maker (MKR) to Mongolian Tugrik (MNT) equals ₮ 10,266,383.04 | 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 Maker currency pair is the MKR to MNT, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

MKR to MNT conversion rate trend

In the past 1D, Maker has changed +1.40% to MNT. Based on the trend and price charts, Maker(MKR) has changed +1.40% to MNT while Mongolian Tugrik(MNT) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/20 03:00:29(UTC+0)

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

Maker to Mongolian Tugrik is rising this week.
Maker's current market price is ₮ 10,266,383.04 per MKR, with a total market cap of ₮ 9,493,501,438,372.65 MNT based on a circulating supply of 924,717.25 MKR. The trading volume of Maker has changed by -17.25% (₮ -76,807,966,350.95 MNT) in the last 24 hours. Last trading day, MKR's trading volume was ₮ 445,322,949,442.27.
Market cap
24h volume
Circulating supply
924.72K MKR

Conversion tables

The exchange rate of Maker is decreasing.
1 MKR is currently valued at ₮ 10,266,383.04 MNT , which means buying 5 MKR will cost ₮ 51,331,915.2 MNT . Similarly, ₮1 MNT can be traded for 0.{7}9741 MKR, and ₮50 MNT can be converted to 0.{5}4870 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Mongolian Tugrik has changed by +1.75% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.40%, reaching a high of 10,498,658.43 MNT and a low of 10,067,118.63 MNT . One month ago, the value of 1 MKR was ₮ 10,366,225.7 MNT , which represents a -0.96% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +315.09% in its value.


03:54 am today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount03:54 am today
0.5MNT0.{7}4870  MKR
1MNT0.{7}9741  MKR
5MNT0.{6}4870  MKR
10MNT0.{6}9741  MKR
50MNT0.{5}4870  MKR
100MNT0.{5}9741  MKR
500MNT0.{4}4870  MKR
1000MNT0.{4}9741  MKR

Today vs. 24 hours ago

Amount03:54 am today24 hours ago24h change
0.5 MKR$1,487.88$1,467.31
1 MKR$2,975.76$2,934.61
5 MKR$14,878.82$14,673.06
10 MKR$29,757.63$29,346.12
50 MKR$148,788.16$146,730.61
100 MKR$297,576.32$293,461.23
500 MKR$1,487,881.6$1,467,306.15
1000 MKR$2,975,763.2$2,934,612.3

Today vs. 1 month ago

Amount03:54 am today1 month ago1M change
0.5 MKR$1,487.88$1,502.35
1 MKR$2,975.76$3,004.7
5 MKR$14,878.82$15,023.52
10 MKR$29,757.63$30,047.03
50 MKR$148,788.16$150,235.15
100 MKR$297,576.32$300,470.31
500 MKR$1,487,881.6$1,502,351.55
1000 MKR$2,975,763.2$3,004,703.1

Today vs. 1 year ago

Amount03:54 am today1 year ago1Y change
0.5 MKR$1,487.88$358.54
1 MKR$2,975.76$717.07
5 MKR$14,878.82$3,585.37
10 MKR$29,757.63$7,170.75
50 MKR$148,788.16$35,853.74
100 MKR$297,576.32$71,707.47
500 MKR$1,487,881.6$358,537.35
1000 MKR$2,975,763.2$717,074.7


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