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Red Kite to Mongolian Tugrik Converter and calculator

Convert 1Red Kite (PKF) to Mongolian Tugrik (MNT) equals ₮ 129.07 | 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 Red Kite(PKF) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 PKF at a value of 1 PKF for 129.07 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 Red Kite currency pair is the PKF to MNT, with for Red Kite's currency code being PKF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

PKF to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, Red Kite has changed +0.03% to MNT. Based on the trend and price charts, Red Kite(PKF) has changed +0.03% to MNT while Mongolian Tugrik(MNT) has changed % to PKF in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮129.07
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
₮134.79
0.1000% / 0.1000%
Yes
Last updated 2024/07/09 19:00:15(UTC+0)

How to buy Red Kite

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Buy Red Kite (PKF)
Use a variety of payment options to buy Red Kite on Bitget. We'll show you how.

Buy PKF (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading does not currently support direct buying of PKF with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy PKF with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
T
TreblaIndustries-Verified Merchant
31 tradesCompletion rate 91.00%
1.012 USD
Amount1484.31 USDT
Limit500 - 700 USD
Wise
Buy
m
mundocriptoVerified Merchant
16 tradesCompletion rate 100.00%
1.018 USD
Amount253.11 USDT
Limit10 - 200 USD
Volet.com(Formerly Advcash)
Buy
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.029 USD
Amount500 USDT
Limit10 - 514.5 USD
PayeerVolet.com(Formerly Advcash)Air TM
Buy
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.035 USD
Amount250 USDT
Limit10 - 250 USD
Perfect MoneyVolet.com(Formerly Advcash)Air TM
Buy
R
Russiad_BCVerified Merchant
26 tradesCompletion rate 96.00%
1.035 USD
Amount80 USDT
Limit10 - 80 USD
PayeerPerfect Money
Buy

Sell PKF (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of PKF to MNT. However, you can first exchange PKF for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Suarman TradesVerified Merchant
16 tradesCompletion rate 100.00%
1.2 USD
Amount40000 USDT
Limit1200 - 48000 USD
Bank TransferRevolutZen
Sell
R
RechargeVerified Merchant
41 tradesCompletion rate 100.00%
1.195 USD
Amount841.7 USDT
Limit10 - 1600 USD
WebMoney
Sell
R
Russiad_BCVerified Merchant
26 tradesCompletion rate 96.00%
1.195 USD
Amount3723.2 USDT
Limit10 - 4000 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
7 tradesCompletion rate 100.00%
1.123 USD
Amount4788.74 USDT
Limit100 - 5000 USD
WebMoney
Sell
B
BGUSER-VBXPGM6XVerified Merchant
45 tradesCompletion rate 92.00%
1.122 USD
Amount99576.3 USDT
Limit10 - 50000 USD
WebMoney
Sell

What factors influence the conversion rate of Red Kite to Mongolian Tugrik?

Red Kite to Mongolian Tugrik is falling this week.
Red Kite's current market price is ₮ 129.07 per PKF, with a total market cap of ₮ 14,803,376,279.88 MNT based on a circulating supply of 114,692,136 PKF. The trading volume of Red Kite has changed by +15.42% (₮ 5,337,711.71 MNT) in the last 24 hours. Last trading day, PKF's trading volume was ₮ 34,619,551.64.
Market cap
$4.29M
24h volume
$11.58K
Circulating supply
114.69M PKF

Conversion tables

The exchange rate of Red Kite is decreasing.
1 PKF is currently valued at ₮ 129.07 MNT , which means buying 5 PKF will cost ₮ 645.35 MNT . Similarly, ₮1 MNT can be traded for 0.007748 PKF, and ₮50 MNT can be converted to 0.3874 PKF, excluding any platform or gas fees.
The exchange rate of 1 PKF to Mongolian Tugrik has changed by -16.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 129.08 MNT and a low of 129.02 MNT . One month ago, the value of 1 PKF was ₮ 207.64 MNT , which represents a -37.84% change from its current value. Over the last year, Red Kite has changed by
-
268.09MNT
, resulting in a change of -67.50% in its value.

PKF to MNT

Amount
19:03 today
0.5 PKF
64.54
1 PKF
129.07
5 PKF
645.35
10 PKF
1,290.71
50 PKF
6,453.53
100 PKF
12,907.05
500 PKF
64,535.27
1000 PKF
129,070.54

MNT to PKF

Amount19:03 today
0.5MNT0.003874  PKF
1MNT0.007748  PKF
5MNT0.03874  PKF
10MNT0.07748  PKF
50MNT0.3874  PKF
100MNT0.7748  PKF
500MNT3.87  PKF
1000MNT7.75  PKF
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Today vs. 24 hours ago

Amount19:03 today24 hours ago24h change
0.5 PKF$0.01871$0.01870
+0.03%
1 PKF$0.03741$0.03740
+0.03%
5 PKF$0.1871$0.1870
+0.03%
10 PKF$0.3741$0.3740
+0.03%
50 PKF$1.87$1.87
+0.03%
100 PKF$3.74$3.74
+0.03%
500 PKF$18.71$18.7
+0.03%
1000 PKF$37.41$37.4
+0.03%

Today vs. 1 month ago

Amount19:03 today1 month ago1M change
0.5 PKF$0.01871$0.03009
-37.84%
1 PKF$0.03741$0.06019
-37.84%
5 PKF$0.1871$0.3009
-37.84%
10 PKF$0.3741$0.6019
-37.84%
50 PKF$1.87$3.01
-37.84%
100 PKF$3.74$6.02
-37.84%
500 PKF$18.71$30.09
-37.84%
1000 PKF$37.41$60.19
-37.84%
Buy Red Kite for 1 MNT
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Today vs. 1 year ago

Amount19:03 today1 year ago1Y change
0.5 PKF$0.01871$0.05756
-67.50%
1 PKF$0.03741$0.1151
-67.50%
5 PKF$0.1871$0.5756
-67.50%
10 PKF$0.3741$1.15
-67.50%
50 PKF$1.87$5.76
-67.50%
100 PKF$3.74$11.51
-67.50%
500 PKF$18.71$57.56
-67.50%
1000 PKF$37.41$115.12
-67.50%

Red Kite price prediction

What will the price of PKF be in 2025?

Based on PKF's historical price performance prediction model, the price of PKF is projected to reach $0.05681 in 2025.

What will the price of PKF be in 2030?

In 2030, the PKF price is expected to change by +3.00%. By the end of 2030, the PKF price is projected to reach $0.09545, with a cumulative ROI of +155.14%.
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Buy Red Kite for 1 MNT
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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 Red Kite 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 Red Kite 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 Red Kite 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.