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base info Sui

Sui to Mongolian Tugrik Converter and calculator

Convert 1Sui (SUI) to Mongolian Tugrik (MNT) equals ₮ 4,213.07 | 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 Sui currency pair is the SUI to MNT, with for Sui's currency code being SUI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

SUI to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Sui has changed +6.96% to MNT. Based on the trend and price charts, Sui(SUI) has changed +6.96% to MNT while Mongolian Tugrik(MNT) has changed % to SUI in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮4,238.95
0.0001% / 0.0004%vip-iconVIP
Binance
₮4,235.22
0.1000% / 0.1000%
Yes
OKX
₮4,233.84
0.080% / 0.100%
Yes
Huobi
₮4,233.15
0.1000% / 0.1000%
Yes
Gate.io
₮4,237.64
0.1000% / 0.1000%
Yes
Bybit
₮4,238.32
0.1000% / 0.1000%
Yes
KuCoin
₮4,233.15
0.1000% / 0.1000%
Yes
Bitfinex
₮4,226.25
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 15:00:27(UTC+0)

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

Sui to Mongolian Tugrik is falling this week.
Sui's current market price is ₮ 4,213.07 per SUI, with a total market cap of ₮ 5,459,718,077,503.66 MNT based on a circulating supply of 1,295,901,400 SUI. The trading volume of Sui has changed by -35.62% (₮ -759,085,581,755.12 MNT) in the last 24 hours. Last trading day, SUI's trading volume was ₮ 2,131,293,012,042.61.
Market cap
$1.58B
24h volume
$397.74M
Circulating supply
1.30B SUI

Conversion tables

The exchange rate of Sui is decreasing.
1 SUI is currently valued at ₮ 4,213.07 MNT , which means buying 5 SUI will cost ₮ 21,065.33 MNT . Similarly, ₮1 MNT can be traded for 0.0002374 SUI, and ₮50 MNT can be converted to 0.01187 SUI, excluding any platform or gas fees.
The exchange rate of 1 SUI to Mongolian Tugrik has changed by -26.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.96%, reaching a high of 4,476.59 MNT and a low of 3,838.64 MNT . One month ago, the value of 1 SUI was ₮ 5,518.86 MNT , which represents a -23.57% change from its current value. Over the last year, Sui has changed by
+
783.36MNT
, resulting in a change of --% in its value.

SUI to MNT

Amount
15:35 today
0.5 SUI
2,106.53
1 SUI
4,213.07
5 SUI
21,065.33
10 SUI
42,130.66
50 SUI
210,653.29
100 SUI
421,306.58
500 SUI
2,106,532.91
1000 SUI
4,213,065.82

MNT to SUI

Amount15:35 today
0.5MNT0.0001187  SUI
1MNT0.0002374  SUI
5MNT0.001187  SUI
10MNT0.002374  SUI
50MNT0.01187  SUI
100MNT0.02374  SUI
500MNT0.1187  SUI
1000MNT0.2374  SUI
share

Today vs. 24 hours ago

Amount15:35 today24 hours ago24h change
0.5 SUI$0.6106$0.5707
+6.96%
1 SUI$1.22$1.14
+6.96%
5 SUI$6.11$5.71
+6.96%
10 SUI$12.21$11.41
+6.96%
50 SUI$61.06$57.07
+6.96%
100 SUI$122.12$114.14
+6.96%
500 SUI$610.59$570.69
+6.96%
1000 SUI$1,221.18$1,141.37
+6.96%

Today vs. 1 month ago

Amount15:35 today1 month ago1M change
0.5 SUI$0.6106$0.7998
-23.57%
1 SUI$1.22$1.6
-23.57%
5 SUI$6.11$8
-23.57%
10 SUI$12.21$16
-23.57%
50 SUI$61.06$79.98
-23.57%
100 SUI$122.12$159.97
-23.57%
500 SUI$610.59$799.83
-23.57%
1000 SUI$1,221.18$1,599.67
-23.57%

Today vs. 1 year ago

Amount15:35 today1 year ago1Y change
0.5 SUI$0.6106$-0.002941
--
1 SUI$1.22$-0.005882
--
5 SUI$6.11$-0.02941
--
10 SUI$12.21$-0.05882
--
50 SUI$61.06$-0.2941
--
100 SUI$122.12$-0.5882
--
500 SUI$610.59$-2.9410
--
1000 SUI$1,221.18$-5.8819
--

FAQ

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