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SLERF to Mongolian Tugrik Converter and calculator

Convert 1SLERF (SLERF) to Mongolian Tugrik (MNT) equals ₮ 968.71 | 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 SLERF(SLERF) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 SLERF at a value of 1 SLERF for 968.71 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 SLERF currency pair is the SLERF to MNT, with for SLERF's currency code being SLERF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

SLERF to MNT conversion rate trend

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In the past 1D, SLERF has changed -3.73% to MNT. Based on the trend and price charts, SLERF(SLERF) has changed -3.73% to MNT while Mongolian Tugrik(MNT) has changed % to SLERF in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮970.14
0.0001% / 0.0004%vip-iconVIP
Huobi
₮969.45
0.1000% / 0.1000%
Yes
Gate.io
₮969.45
0.1000% / 0.1000%
Yes
Last updated 2024/05/24 10:00:13(UTC+0)

How to buy SLERF

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy SLERF (SLERF)
Use a variety of payment options to buy SLERF on Bitget. We'll show you how.

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

SLERF to Mongolian Tugrik is falling this week.
SLERF's current market price is ₮ 968.71 per SLERF, with a total market cap of ₮ 484,351,761,231.65 MNT based on a circulating supply of 499,997,760 SLERF. The trading volume of SLERF has changed by +13.08% (₮ 19,455,150,787.51 MNT) in the last 24 hours. Last trading day, SLERF's trading volume was ₮ 148,701,031,746.43.
Market cap
$140.39M
24h volume
$48.74M
Circulating supply
500.00M SLERF

Conversion tables

The exchange rate of SLERF is decreasing.
1 SLERF is currently valued at ₮ 968.71 MNT , which means buying 5 SLERF will cost ₮ 4,843.54 MNT . Similarly, ₮1 MNT can be traded for 0.001032 SLERF, and ₮50 MNT can be converted to 0.05162 SLERF, excluding any platform or gas fees.
The exchange rate of 1 SLERF to Mongolian Tugrik has changed by -7.25% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.73%, reaching a high of 1,018.08 MNT and a low of 938.41 MNT . One month ago, the value of 1 SLERF was ₮ 1,746.35 MNT , which represents a -44.50% change from its current value. Over the last year, SLERF has changed by
+
969.69MNT
, resulting in a change of --% in its value.

SLERF to MNT

Amount
10:36 am today
0.5 SLERF
484.35
1 SLERF
968.71
5 SLERF
4,843.54
10 SLERF
9,687.08
50 SLERF
48,435.4
100 SLERF
96,870.79
500 SLERF
484,353.95
1000 SLERF
968,707.91

MNT to SLERF

Amount10:36 am today
0.5MNT0.0005162  SLERF
1MNT0.001032  SLERF
5MNT0.005162  SLERF
10MNT0.01032  SLERF
50MNT0.05162  SLERF
100MNT0.1032  SLERF
500MNT0.5162  SLERF
1000MNT1.03  SLERF
Buy SLERF for 1 MNT
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Today vs. 24 hours ago

Amount10:36 am today24 hours ago24h change
0.5 SLERF$0.1404$0.1458
-3.73%
1 SLERF$0.2808$0.2917
-3.73%
5 SLERF$1.4$1.46
-3.73%
10 SLERF$2.81$2.92
-3.73%
50 SLERF$14.04$14.58
-3.73%
100 SLERF$28.08$29.17
-3.73%
500 SLERF$140.39$145.83
-3.73%
1000 SLERF$280.78$291.66
-3.73%

Today vs. 1 month ago

Amount10:36 am today1 month ago1M change
0.5 SLERF$0.1404$0.2531
-44.50%
1 SLERF$0.2808$0.5062
-44.50%
5 SLERF$1.4$2.53
-44.50%
10 SLERF$2.81$5.06
-44.50%
50 SLERF$14.04$25.31
-44.50%
100 SLERF$28.08$50.62
-44.50%
500 SLERF$140.39$253.09
-44.50%
1000 SLERF$280.78$506.19
-44.50%
Buy SLERF for 1 MNT
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Today vs. 1 year ago

Amount10:36 am today1 year ago1Y change
0.5 SLERF$0.1404$-0.0001422
--
1 SLERF$0.2808$-0.0002844
--
5 SLERF$1.4$-0.001422
--
10 SLERF$2.81$-0.002844
--
50 SLERF$14.04$-0.01422
--
100 SLERF$28.08$-0.02844
--
500 SLERF$140.39$-0.1422
--
1000 SLERF$280.78$-0.2844
--

SLERF price prediction

What will the price of SLERF be in 2025?

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

What will the price of SLERF be in 2030?

In 2030, the SLERF price is expected to rise by +9.00%. By the end of 2030, the SLERF price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy SLERF for 1 MNT
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Buy SLERF for 1 MNT
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FAQ

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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.