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base info The Graph

The Graph to Mongolian Tugrik Converter and calculator

Convert 1The Graph (GRT) to Mongolian Tugrik (MNT) equals ₮ 975.5 | 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 The Graph(GRT) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 GRT at a value of 1 GRT for 975.50 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 The Graph currency pair is the GRT to MNT, with for The Graph's currency code being GRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

GRT to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, The Graph has changed -3.19% to MNT. Based on the trend and price charts, The Graph(GRT) has changed -3.19% to MNT while Mongolian Tugrik(MNT) has changed % to GRT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮970.8
0.0001% / 0.0004%vip-iconVIP
Binance
₮970.83
0.1000% / 0.1000%
Yes
OKX
₮971.17
0.080% / 0.100%
Yes
Huobi
₮970.9
0.1000% / 0.1000%
Yes
Gate.io
₮971.14
0.1000% / 0.1000%
Yes
Bybit
₮970.8
0.1000% / 0.1000%
Yes
KuCoin
₮971.28
0.1000% / 0.1000%
Yes
Bitfinex
₮970.11
0.1000% / 0.1000%
Yes
Last updated 2024/04/22 00:00:32(UTC+0)

What factors influence the conversion rate of The Graph to Mongolian Tugrik?

The Graph to Mongolian Tugrik is rising this week.
The Graph's current market price is ₮ 975.5 per GRT, with a total market cap of ₮ 9,250,177,770,478.62 MNT based on a circulating supply of 9,482,506,000 GRT. The trading volume of The Graph has changed by -36.29% (₮ -148,287,306,713.77 MNT) in the last 24 hours. Last trading day, GRT's trading volume was ₮ 408,610,788,231.02.
Market cap
$2.68B
24h volume
$75.46M
Circulating supply
9.48B GRT

Conversion tables

The exchange rate of The Graph is decreasing.
1 GRT is currently valued at ₮ 975.5 MNT , which means buying 5 GRT will cost ₮ 4,877.5 MNT . Similarly, ₮1 MNT can be traded for 0.001025 GRT, and ₮50 MNT can be converted to 0.05126 GRT, excluding any platform or gas fees.
The exchange rate of 1 GRT to Mongolian Tugrik has changed by +9.12% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.19%, reaching a high of 1,014.46 MNT and a low of 958.85 MNT . One month ago, the value of 1 GRT was ₮ 1,259.4 MNT , which represents a -22.60% change from its current value. Over the last year, The Graph has changed by
+
487.12MNT
, resulting in a change of +100.35% in its value.

GRT to MNT

Amount
00:09 am today
0.5 GRT
487.75
1 GRT
975.5
5 GRT
4,877.5
10 GRT
9,754.99
50 GRT
48,774.96
100 GRT
97,549.92
500 GRT
487,749.61
1000 GRT
975,499.23

MNT to GRT

Amount00:09 am today
0.5MNT0.0005126  GRT
1MNT0.001025  GRT
5MNT0.005126  GRT
10MNT0.01025  GRT
50MNT0.05126  GRT
100MNT0.1025  GRT
500MNT0.5126  GRT
1000MNT1.03  GRT
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Today vs. 24 hours ago

Amount00:09 am today24 hours ago24h change
0.5 GRT$0.1414$0.1460
-3.19%
1 GRT$0.2828$0.2921
-3.19%
5 GRT$1.41$1.46
-3.19%
10 GRT$2.83$2.92
-3.19%
50 GRT$14.14$14.6
-3.19%
100 GRT$28.28$29.21
-3.19%
500 GRT$141.38$146.03
-3.19%
1000 GRT$282.75$292.05
-3.19%

Today vs. 1 month ago

Amount00:09 am today1 month ago1M change
0.5 GRT$0.1414$0.1825
-22.60%
1 GRT$0.2828$0.3650
-22.60%
5 GRT$1.41$1.83
-22.60%
10 GRT$2.83$3.65
-22.60%
50 GRT$14.14$18.25
-22.60%
100 GRT$28.28$36.5
-22.60%
500 GRT$141.38$182.52
-22.60%
1000 GRT$282.75$365.04
-22.60%

Today vs. 1 year ago

Amount00:09 am today1 year ago1Y change
0.5 GRT$0.1414$0.07078
+100.35%
1 GRT$0.2828$0.1416
+100.35%
5 GRT$1.41$0.7078
+100.35%
10 GRT$2.83$1.42
+100.35%
50 GRT$14.14$7.08
+100.35%
100 GRT$28.28$14.16
+100.35%
500 GRT$141.38$70.78
+100.35%
1000 GRT$282.75$141.56
+100.35%

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.