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base info Ondo

Ondo to Mongolian Tugrik Converter and calculator

Convert 1Ondo (ONDO) to Mongolian Tugrik (MNT) equals ₮ 4,130.8 | 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 Ondo(ONDO) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 ONDO at a value of 1 ONDO for 4,130.80 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 Ondo currency pair is the ONDO to MNT, with for Ondo's currency code being ONDO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

ONDO to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ondo has changed -1.25% to MNT. Based on the trend and price charts, Ondo(ONDO) has changed -1.25% to MNT while Mongolian Tugrik(MNT) has changed % to ONDO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮4,221.8
0.0001% / 0.0004%vip-iconVIP
Huobi
₮4,219.53
0.1000% / 0.1000%
Yes
Gate.io
₮4,221.77
0.1000% / 0.1000%
Yes
Bybit
₮4,221.52
0.1000% / 0.1000%
Yes
KuCoin
₮4,222.77
0.1000% / 0.1000%
Yes
Last updated 2024/05/29 12:00:21(UTC+0)

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

Ondo to Mongolian Tugrik is rising this week.
Ondo's current market price is ₮ 4,130.8 per ONDO, with a total market cap of ₮ 5,740,823,497,774.25 MNT based on a circulating supply of 1,389,759,900 ONDO. The trading volume of Ondo has changed by -8.29% (₮ -65,663,880,572.64 MNT) in the last 24 hours. Last trading day, ONDO's trading volume was ₮ 792,161,856,061.42.
Market cap
$1.66B
24h volume
$210.58M
Circulating supply
1.39B ONDO

Conversion tables

The exchange rate of Ondo is increasing.
1 ONDO is currently valued at ₮ 4,130.8 MNT , which means buying 5 ONDO will cost ₮ 20,654.01 MNT . Similarly, ₮1 MNT can be traded for 0.0002421 ONDO, and ₮50 MNT can be converted to 0.01210 ONDO, excluding any platform or gas fees.
The exchange rate of 1 ONDO to Mongolian Tugrik has changed by +31.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.25%, reaching a high of 4,443.32 MNT and a low of 4,116.6 MNT . One month ago, the value of 1 ONDO was ₮ 2,644.82 MNT , which represents a +56.40% change from its current value. Over the last year, Ondo has changed by
+
670.54MNT
, resulting in a change of --% in its value.

ONDO to MNT

Amount
12:54 today
0.5 ONDO
2,065.4
1 ONDO
4,130.8
5 ONDO
20,654.01
10 ONDO
41,308.02
50 ONDO
206,540.11
100 ONDO
413,080.23
500 ONDO
2,065,401.15
1000 ONDO
4,130,802.3

MNT to ONDO

Amount12:54 today
0.5MNT0.0001210  ONDO
1MNT0.0002421  ONDO
5MNT0.001210  ONDO
10MNT0.002421  ONDO
50MNT0.01210  ONDO
100MNT0.02421  ONDO
500MNT0.1210  ONDO
1000MNT0.2421  ONDO
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Today vs. 24 hours ago

Amount12:54 today24 hours ago24h change
0.5 ONDO$0.5987$0.6062
-1.25%
1 ONDO$1.2$1.21
-1.25%
5 ONDO$5.99$6.06
-1.25%
10 ONDO$11.97$12.12
-1.25%
50 ONDO$59.87$60.62
-1.25%
100 ONDO$119.73$121.24
-1.25%
500 ONDO$598.67$606.21
-1.25%
1000 ONDO$1,197.33$1,212.43
-1.25%

Today vs. 1 month ago

Amount12:54 today1 month ago1M change
0.5 ONDO$0.5987$0.3833
+56.40%
1 ONDO$1.2$0.7666
+56.40%
5 ONDO$5.99$3.83
+56.40%
10 ONDO$11.97$7.67
+56.40%
50 ONDO$59.87$38.33
+56.40%
100 ONDO$119.73$76.66
+56.40%
500 ONDO$598.67$383.31
+56.40%
1000 ONDO$1,197.33$766.61
+56.40%
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Today vs. 1 year ago

Amount12:54 today1 year ago1Y change
0.5 ONDO$0.5987$0.001487
--
1 ONDO$1.2$0.002974
--
5 ONDO$5.99$0.01487
--
10 ONDO$11.97$0.02974
--
50 ONDO$59.87$0.1487
--
100 ONDO$119.73$0.2974
--
500 ONDO$598.67$1.49
--
1000 ONDO$1,197.33$2.97
--

Ondo price prediction

What will the price of ONDO be in 2025?

Based on ONDO's historical price performance prediction model, the price of ONDO is projected to reach -- in 2025.

What will the price of ONDO be in 2030?

In 2030, the ONDO price is expected to rise by -18.00%. By the end of 2030, the ONDO price is projected to reach --, with a cumulative ROI of 0.00%.
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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Ondo and MNT.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Ondo and MNT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Ondo in MNT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

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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.