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Standard to Mongolian Tugrik Converter and calculator

Convert 1Standard (STND) to Mongolian Tugrik (MNT) equals ₮ 76.11 | 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 Standard(STND) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 STND at a value of 1 STND for 76.11 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 Standard currency pair is the STND to MNT, with for Standard's currency code being STND. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

STND to MNT conversion rate trend

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In the past 1D, Standard has changed -0.39% to MNT. Based on the trend and price charts, Standard(STND) has changed -0.39% to MNT while Mongolian Tugrik(MNT) has changed % to STND in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮76.11
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
₮76.11
0.1000% / 0.1000%
Yes
KuCoin
₮76.27
0.1000% / 0.1000%
Yes
Last updated 2024/07/11 06:00:16(UTC+0)

How to buy Standard

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

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

Bitget P2P trading does not currently support direct buying of STND with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy STND with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
O
OTEDOLAGolden merchantVerified Merchant
71 tradesCompletion rate 97.00%
0.995 USD
Amount300 USDT
Limit10 - 298.5 USD
Air TMPyypl
Buy
n
ninos.financeGolden merchantVerified Merchant
344 tradesCompletion rate 100.00%
0.999 USD
Amount39.99 USDT
Limit10 - 25 USD
Zinli
Buy
金边安欣币行Golden merchantVerified Merchant
364 tradesCompletion rate 100.00%
1 USD
Amount757.18 USDT
Limit10 - 700 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy
P
Ponreay_FXVerified Merchant
166 tradesCompletion rate 99.00%
1 USD
Amount970 USDT
Limit10 - 1000 USD
Wing MoneyTrue Money (Cambodia)Bank Transfer (Cambodia)ABA (Cambodia)
Buy
R
Russiad_BCVerified Merchant
23 tradesCompletion rate 96.00%
1.028 USD
Amount67.48 USDT
Limit10 - 69.369 USD
Payeer
Buy

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

Bitget P2P trading currently does not support direct selling of STND to MNT. However, you can first exchange STND 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 94.00%
1.2 USD
Amount40000 USDT
Limit1200 - 46000 USD
Bank TransferRevolutWebMoneyZen
Sell
R
Russiad_BCVerified Merchant
23 tradesCompletion rate 96.00%
1.199 USD
Amount3723.2 USDT
Limit10 - 4000 USD
WebMoney
Sell
R
RechargeVerified Merchant
42 tradesCompletion rate 100.00%
1.197 USD
Amount1463 USDT
Limit10 - 1007 USD
WebMoney
Sell
c
cR7_traderVerified Merchant
3 tradesCompletion rate 100.00%
1.123 USD
Amount4788.74 USDT
Limit100 - 5000 USD
WebMoney
Sell
B
BGUSER-VBXPGM6XVerified Merchant
46 tradesCompletion rate 92.00%
1.122 USD
Amount99576.3 USDT
Limit10 - 50000 USD
WebMoney
Sell

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

Standard to Mongolian Tugrik is falling this week.
Standard's current market price is ₮ 76.11 per STND, with a total market cap of ₮ 6,513,476,141.32 MNT based on a circulating supply of 85,574,950 STND. The trading volume of Standard has changed by -3.54% (₮ -32,021,428.02 MNT) in the last 24 hours. Last trading day, STND's trading volume was ₮ 905,506,546.92.
Market cap
$1.89M
24h volume
$253.18K
Circulating supply
85.57M STND

Conversion tables

The exchange rate of Standard is decreasing.
1 STND is currently valued at ₮ 76.11 MNT , which means buying 5 STND will cost ₮ 380.57 MNT . Similarly, ₮1 MNT can be traded for 0.01314 STND, and ₮50 MNT can be converted to 0.6569 STND, excluding any platform or gas fees.
The exchange rate of 1 STND to Mongolian Tugrik has changed by -5.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.39%, reaching a high of 77.44 MNT and a low of 75.19 MNT . One month ago, the value of 1 STND was ₮ 92.2 MNT , which represents a -17.46% change from its current value. Over the last year, Standard has changed by
+
43.9MNT
, resulting in a change of +136.57% in its value.

STND to MNT

Amount
06:23 am today
0.5 STND
38.06
1 STND
76.11
5 STND
380.57
10 STND
761.14
50 STND
3,805.71
100 STND
7,611.43
500 STND
38,057.14
1000 STND
76,114.29

MNT to STND

Amount06:23 am today
0.5MNT0.006569  STND
1MNT0.01314  STND
5MNT0.06569  STND
10MNT0.1314  STND
50MNT0.6569  STND
100MNT1.31  STND
500MNT6.57  STND
1000MNT13.14  STND
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Today vs. 24 hours ago

Amount06:23 am today24 hours ago24h change
0.5 STND$0.01103$0.01107
-0.39%
1 STND$0.02206$0.02215
-0.39%
5 STND$0.1103$0.1107
-0.39%
10 STND$0.2206$0.2215
-0.39%
50 STND$1.1$1.11
-0.39%
100 STND$2.21$2.21
-0.39%
500 STND$11.03$11.07
-0.39%
1000 STND$22.06$22.15
-0.39%

Today vs. 1 month ago

Amount06:23 am today1 month ago1M change
0.5 STND$0.01103$0.01336
-17.46%
1 STND$0.02206$0.02673
-17.46%
5 STND$0.1103$0.1336
-17.46%
10 STND$0.2206$0.2673
-17.46%
50 STND$1.1$1.34
-17.46%
100 STND$2.21$2.67
-17.46%
500 STND$11.03$13.36
-17.46%
1000 STND$22.06$26.73
-17.46%
Buy Standard for 1 MNT
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Today vs. 1 year ago

Amount06:23 am today1 year ago1Y change
0.5 STND$0.01103$0.004669
+136.57%
1 STND$0.02206$0.009339
+136.57%
5 STND$0.1103$0.04669
+136.57%
10 STND$0.2206$0.09339
+136.57%
50 STND$1.1$0.4669
+136.57%
100 STND$2.21$0.9339
+136.57%
500 STND$11.03$4.67
+136.57%
1000 STND$22.06$9.34
+136.57%

Standard price prediction

What will the price of STND be in 2025?

Based on STND's historical price performance prediction model, the price of STND is projected to reach $0.03332 in 2025.

What will the price of STND be in 2030?

In 2030, the STND price is expected to change by +8.00%. By the end of 2030, the STND price is projected to reach $0.03772, with a cumulative ROI of +70.97%.
Buy Standard for 1 MNT
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Buy Standard 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 Standard 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 Standard 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 Standard 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.