Mongolian Tugrik

The Mongolian Tugrik is the currency of Mongolia (MN)
1 MNT = 0.000 AUD
1 AUD = 2337.962 MNT
1 MNT = 0.361 ARS
1 ARS = 2.771 MNT
1 MNT = 0.825 BIF
1 BIF = 1.212 MNT
1 MNT = 0.000 BHD
1 BHD = 9568.856 MNT
1 MNT = 0.002 BOB
1 BOB = 520.235 MNT
1 MNT = 0.000 AZN
1 AZN = 2116.406 MNT
1 MNT = 0.024 BTN
1 BTN = 41.037 MNT
1 MNT = 0.140 CRC
1 CRC = 7.118 MNT
1 MNT = 0.006 CZK
1 CZK = 171.116 MNT
1 MNT = 0.002 CNY
1 CNY = 501.252 MNT
1 MNT = 0.002 DKK
1 DKK = 561.556 MNT
1 MNT = 0.039 ETB
1 ETB = 25.626 MNT
1 MNT = 2.412 GNF
1 GNF = 0.415 MNT
1 MNT = 0.002 HRK
1 HRK = 556.337 MNT
1 MNT = 4.495 IDR
1 IDR = 0.222 MNT
1 MNT = 0.045 JMD
1 JMD = 22.457 MNT
1 MNT = 0.024 KGS
1 KGS = 41.179 MNT
1 MNT = 0.000 BAM
1 BAM = 2143.260 MNT
1 MNT = 0.001 ANG
1 ANG = 1995.613 MNT
1 MNT = 0.004 BWP
1 BWP = 258.043 MNT
1 MNT = 0.000 BND
1 BND = 2801.659 MNT
1 MNT = 0.810 CDF
1 CDF = 1.235 MNT
1 MNT = 0.001 BZD
1 BZD = 1786.972 MNT
1 MNT = 9.269 BYR
1 BYR = 0.108 MNT
1 MNT = 0.000 BGN
1 BGN = 2143.260 MNT
1 MNT = 0.000 CAD
1 CAD = 2604.336 MNT
1 MNT = 0.036 DZD
1 DZD = 27.712 MNT
1 MNT = 0.004 ERN
1 ERN = 239.859 MNT
1 MNT = 0.013 EGP
1 EGP = 74.492 MNT
1 MNT = 0.001 FJD
1 FJD = 1591.283 MNT
1 MNT = 0.000 GBP
1 GBP = 4867.934 MNT
1 MNT = 0.000 FKP
1 FKP = 4867.934 MNT
1 MNT = 0.002 GTQ
1 GTQ = 469.007 MNT
1 MNT = 0.002 HKD
1 HKD = 459.278 MNT
1 MNT = 0.094 HUF
1 HUF = 10.603 MNT
1 MNT = 0.364 IQD
1 IQD = 2.745 MNT
1 MNT = 11.708 IRR
1 IRR = 0.085 MNT
1 MNT = 0.117 KMF
1 KMF = 8.520 MNT
1 MNT = 0.386 KRW
1 KRW = 2.590 MNT
1 MNT = 0.023 ALL
1 ALL = 43.142 MNT
1 MNT = 0.034 BDT
1 BDT = 29.605 MNT
1 MNT = 0.000 AWG
1 AWG = 2009.994 MNT
1 MNT = 0.002 BRL
1 BRL = 664.835 MNT
1 MNT = 0.000 BCH
1 BCH = 2123902.007 MNT
1 MNT = 0.000 BTC
1 BTC = 449736250.000 MNT
1 MNT = 0.001 AED
1 AED = 979.684 MNT
1 MNT = 0.255 AOA
1 AOA = 3.920 MNT
1 MNT = 0.000 BSD
1 BSD = 3597.890 MNT
1 MNT = 0.269 CLP
1 CLP = 3.723 MNT
1 MNT = 0.001 BYN
1 BYN = 1078.860 MNT
1 MNT = 1.127 COP
1 COP = 0.887 MNT
1 MNT = 0.007 CUP
1 CUP = 150.006 MNT
1 MNT = 0.000 ETH
1 ETH = 16280045.249 MNT
1 MNT = 0.000 EUR
1 EUR = 4191.733 MNT
1 MNT = 0.007 HNL
1 HNL = 137.172 MNT
1 MNT = 0.020 GMD
1 GMD = 49.480 MNT
1 MNT = 0.000 GIP
1 GIP = 4867.934 MNT
1 MNT = 0.036 HTG
1 HTG = 27.459 MNT
1 MNT = 0.000 JOD
1 JOD = 5074.598 MNT
1 MNT = 0.041 JPY
1 JPY = 24.345 MNT
1 MNT = 0.019 AFN
1 AFN = 52.693 MNT
1 MNT = 0.001 BBD
1 BBD = 1798.945 MNT
1 MNT = 0.000 BMD
1 BMD = 3597.890 MNT
1 MNT = 0.106 AMD
1 AMD = 9.409 MNT
1 MNT = 0.000 CHF
1 CHF = 4455.040 MNT
1 MNT = 0.050 DJF
1 DJF = 20.199 MNT
1 MNT = 0.017 DOP
1 DOP = 58.412 MNT
1 MNT = 0.026 CVE
1 CVE = 38.013 MNT
1 MNT = 0.001 GEL
1 GEL = 1334.084 MNT
1 MNT = 0.003 GHS
1 GHS = 335.875 MNT
1 MNT = 0.058 GYD
1 GYD = 17.205 MNT
1 MNT = 0.001 ILS
1 ILS = 1063.395 MNT
1 MNT = 0.024 INR
1 INR = 41.037 MNT
1 MNT = 0.034 ISK
1 ISK = 29.270 MNT
1 MNT = 1.114 KHR
1 KHR = 0.898 MNT
1 MNT = 0.036 KES
1 KES = 27.837 MNT
1 MNT = 0.000 KWD
1 KWD = 11769.349 MNT
1 MNT = 0.150 KZT
1 KZT = 6.678 MNT
1 MNT = 0.084 LKR
1 LKR = 11.949 MNT
1 MNT = 0.003 MAD
1 MAD = 399.721 MNT
1 MNT = 0.583 MMK
1 MMK = 1.715 MNT
1 MNT = 1.000 MNT
1 MNT = 1.000 MNT
1 MNT = 0.013 MUR
1 MUR = 79.224 MNT
1 MNT = 0.111 MRO
1 MRO = 9.008 MNT
1 MNT = 0.004 MVR
1 MVR = 232.888 MNT
1 MNT = 0.482 MWK
1 MWK = 2.073 MNT
1 MNT = 0.000 NZD
1 NZD = 2130.189 MNT
1 MNT = 0.039 NPR
1 NPR = 25.637 MNT
1 MNT = 0.016 PHP
1 PHP = 63.092 MNT
1 MNT = 0.079 PKR
1 PKR = 12.694 MNT
1 MNT = 0.402 RWF
1 RWF = 2.487 MNT
1 MNT = 0.000 LTC
1 LTC = 435949.352 MNT
1 MNT = 0.005 MXN
1 MXN = 191.336 MNT
1 MNT = 0.010 NIO
1 NIO = 97.771 MNT
1 MNT = 0.001 RON
1 RON = 828.091 MNT
1 MNT = 0.250 KPW
1 KPW = 3.998 MNT
1 MNT = 0.000 KYD
1 KYD = 4338.675 MNT
1 MNT = 24.914 LBP
1 LBP = 0.040 MNT
1 MNT = 0.002 LYD
1 LYD = 662.595 MNT
1 MNT = 6.009 LAK
1 LAK = 0.166 MNT
1 MNT = 1.233 MGA
1 MGA = 0.811 MNT
1 MNT = 0.056 LRD
1 LRD = 17.941 MNT
1 MNT = 0.015 MKD
1 MKD = 68.148 MNT
1 MNT = 0.005 LSL
1 LSL = 204.298 MNT
1 MNT = 0.002 MOP
1 MOP = 445.901 MNT
1 MNT = 0.005 MDL
1 MDL = 215.236 MNT
1 MNT = 0.005 NAD
1 NAD = 204.298 MNT
1 MNT = 0.001 MYR
1 MYR = 853.997 MNT
1 MNT = 0.000 OMR
1 OMR = 9348.083 MNT
1 MNT = 0.426 NGN
1 NGN = 2.348 MNT
1 MNT = 0.001 PGK
1 PGK = 866.627 MNT
1 MNT = 0.000 PAB
1 PAB = 3597.890 MNT
1 MNT = 0.001 PEN
1 PEN = 1009.084 MNT
1 MNT = 0.003 NOK
1 NOK = 351.941 MNT
1 MNT = 0.001 PLN
1 PLN = 983.675 MNT
1 MNT = 2.084 PYG
1 PYG = 0.480 MNT
1 MNT = 0.001 QAR
1 QAR = 988.431 MNT
1 MNT = 0.002 SBD
1 SBD = 426.457 MNT
1 MNT = 0.001 SAR
1 SAR = 959.437 MNT
1 MNT = 0.000 SGD
1 SGD = 2801.659 MNT
1 MNT = 6.313 SLL
1 SLL = 0.158 MNT
1 MNT = 0.009 THB
1 THB = 110.820 MNT
1 MNT = 0.008 TWD
1 TWD = 119.591 MNT
1 MNT = 0.012 UAH
1 UAH = 86.759 MNT
1 MNT = 0.989 UGX
1 UGX = 1.011 MNT
1 MNT = 0.010 SRD
1 SRD = 95.625 MNT
1 MNT = 5.915 STD
1 STD = 0.169 MNT
1 MNT = 0.011 TRY
1 TRY = 88.067 MNT
1 MNT = 0.002 TTD
1 TTD = 530.099 MNT
1 MNT = 0.001 TOP
1 TOP = 1496.751 MNT
1 MNT = 3.501 UZS
1 UZS = 0.286 MNT
1 MNT = 0.067 YER
1 YER = 14.974 MNT
1 MNT = 0.005 ZAR
1 ZAR = 204.298 MNT
1 MNT = 0.028 RSD
1 RSD = 35.775 MNT
1 MNT = 0.022 RUB
1 RUB = 45.115 MNT
1 MNT = 0.159 SOS
1 SOS = 6.296 MNT
1 MNT = 0.002 SVC
1 SVC = 411.187 MNT
1 MNT = 3.614 SYP
1 SYP = 0.277 MNT
1 MNT = 0.005 SZL
1 SZL = 204.298 MNT
1 MNT = 0.001 TND
1 TND = 1248.574 MNT
1 MNT = 0.011 UYU
1 UYU = 89.938 MNT
1 MNT = 7.302 VND
1 VND = 0.137 MNT
1 MNT = 0.033 VUV
1 VUV = 30.184 MNT
1 MNT = 0.001 WST
1 WST = 1301.744 MNT
1 MNT = 0.156 XAF
1 XAF = 6.390 MNT
1 MNT = 0.001 XCD
1 XCD = 1329.401 MNT
1 MNT = 0.004 SCR
1 SCR = 248.714 MNT
1 MNT = 0.003 SEK
1 SEK = 375.563 MNT
1 MNT = 0.000 SHP
1 SHP = 4867.934 MNT
1 MNT = 0.723 TZS
1 TZS = 1.382 MNT
1 MNT = 0.000 USD
1 USD = 3597.890 MNT
1 MNT = 0.028 XPF
1 XPF = 35.125 MNT
1 MNT = 0.156 XOF
1 XOF = 6.390 MNT

Evolution of the MNT Exchange Rate

The Mongolian Tugrik (MNT) exchange rate has experienced significant fluctuations over time. After Mongolia transitioned from a centrally planned economy to a market economy in the early 1990s, the MNT went through a period of hyperinflation, resulting in a sharp devaluation of the currency. Since then, the central bank of Mongolia has implemented various measures to stabilize the exchange rate, including currency interventions and monetary policy adjustments.

Variations in the MNT Exchange Rate

The MNT exchange rate has been subject to various factors leading to fluctuations. Economic indicators such as inflation rates, economic growth, government policies, and commodity prices (especially copper and coal, which are major exports for Mongolia) have had an impact on the exchange rate. External factors such as changes in global interest rates, global economic conditions, and investor sentiment towards emerging markets have also influenced the MNT exchange rate.

Significance of MNT in the Global Economy

The MNT does not have significant importance in the global economy, as Mongolia's economy represents a small share of the global GDP. However, the MNT is important for Mongolia's domestic economy as it affects import and export competitiveness, inflation, and the cost of servicing foreign debts. It also impacts the purchasing power of Mongolian citizens and businesses.

Shocks Experienced by MNT and Correlation with Other Currencies

The MNT has been vulnerable to various shocks such as fluctuations in commodity prices, changes in global financial conditions, and political instability. Additionally, it has experienced a correlation with other currencies due to factors such as trade relationships, investor sentiment towards emerging markets, and monetary policy decisions of major economies. For example, when global commodity prices decline, it negatively affects Mongolia's export revenues and puts downward pressure on the MNT.