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MIM to MNT Converter and calculator

MIM/MNT: 1 MIM = 3,409.62 MNT. The price of converting 1 Magic Internet Money (MIM) to Mongolian Tugrik (MNT) is 3,409.62 MNT today.
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MIM
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MIM to MNT real-time exchange rates, making it easy to convert Magic Internet Money (MIM) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 MIM is currently valued at 3409.62 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MIM is currently valued at 3409.62 MNT, which means buying 5 MIM would cost 17048.11 MNT. Similarly, ₮1 MNT can be converted to 0.0002933 MIM, and ₮50 MNT can be converted to 0.001466 MIM, excluding any platform or gas fees.

Convert MIM to MNT

Convert MNT to MIM

Magic Internet Money
Mongolian Tugrik
10 MIM
34,096.22  MNT
20 MIM
68,192.44  MNT
50 MIM
170,481.09  MNT
100 MIM
340,962.18  MNT
200 MIM
681,924.37  MNT
500 MIM
1,704,810.92  MNT
1000 MIM
3,409,621.84  MNT
5000 MIM
17,048,109.2  MNT
10000 MIM
34,096,218.4  MNT
In the table above, you'll find a comprehensive MIM to MNT converter that shows the value of Magic Internet Money in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 MIM to MNT, all the way up to 10000 MIM, providing a clear view of their respective values.
Mongolian Tugrik
Magic Internet Money
In the table above, you'll find a comprehensive MNT to MIM converter that shows the value of Mongolian Tugrik in Magic Internet Money across commonly used conversion amounts. The list covers conversions from 1 MNT to MIM, all the way up to 100000 MNT, providing a clear view of their respective values.

MIM to MNT chart

MIM/MNT: 1 MIM = 3,409.62 MNT; 2025/04/28 07:27:15
In the past 1D, Magic Internet Money has changed +0.18% to MNT. Based on the trend and price charts, Magic Internet Money(MIM) has changed +0.18% to MNT while Mongolian Tugrik(MNT) has changed % to MIM in the last 24 hours.
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MIM to MNT conversion data: Volatility and price changes of Magic Internet Money in MNT

The highest Magic Internet Money price in MNT over the past 7 days was 3,421.53 MNT while the lowest Magic Internet Money price in MNT over the past 7 days was 3,381.92 MNT. The relative change between the highs and lows in Magic Internet Money price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and MIM to MNT prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
3,411.59 MNT
3,421.53 MNT
3,421.53 MNT
3,973.27 MNT
Low
3,387.38 MNT
3,381.92 MNT
3,370.13 MNT
3,265.14 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+0.18%
+0.38%
+0.75%
+0.59%

Magic Internet Money information

MIM to MNT market statistics

MIM/MNT:
₮3,409.62
MIM 24h volume:
₮284,926,000.65
MIM market cap:
--
MIM circulating supply:
0 MIM

Current MIM to MNT exchange rate

Magic Internet Money to Mongolian Tugrik is rising this week.
Magic Internet Money's current market price is ₮3,409.62 per MIM, with a total market cap of ₮0 MNT based on a circulating supply of -- MIM. The trading volume of Magic Internet Money has changed by +46.60% (₮90,566,747.39 MNT) in the last 24 hours. Last trading day, MIM's trading volume was ₮194,359,253.25.

More info about Magic Internet Money on Bitget

Mongolian Tugrik 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.

Bitget crypto-to-fiat exchange data shows that the most popular Magic Internet Money currency pair is the MIM to MNT, with for Magic Internet Money's currency code being MIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

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How to convert MIM to MNT

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Buy MIM (or USDT) for MNT (Mongolian Tugrik) offers
Bitget P2P trading does not currently support direct buying of MIM with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy MIM with USDT via Bitget spot market.
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MIM to MNT Conversion tables

The exchange rate of Magic Internet Money is increasing.
The exchange rate of 1 MIM to Mongolian Tugrik has changed by +0.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.18%, reaching a high of 3,411.59 MNT and a low of 3,387.38 MNT . One month ago, the value of 1 MIM was ₮3,384.07 MNT , which represents a +0.75% change from its current value. Over the last year, Magic Internet Money has changed by
+
30.32MNT
, resulting in a change of +0.90% in its value.
24 hours ago1 month ago1 year ago
Amount07:27 am today24 hours ago24h change
0.5 MIM₮1,704.81₮1,701.8
+0.18%
1 MIM₮3,409.62₮3,403.6
+0.18%
5 MIM₮17,048.11₮17,018
+0.18%
10 MIM₮34,096.22₮34,036.01
+0.18%
50 MIM₮170,481.09₮170,180.05
+0.18%
100 MIM₮340,962.18₮340,360.09
+0.18%
500 MIM₮1,704,810.92₮1,701,800.46
+0.18%
1000 MIM₮3,409,621.84₮3,403,600.92
+0.18%

MIM to MNT FAQ

How much is 1 Magic Internet Money in MNT?
Right now, the price of 1 Magic Internet Money (MIM) in Mongolian Tugrik (MNT) is ₮3,409.62.
How much MIM can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.0002933 MIM for 1 MNT.
How do I calculate or convert MIM to MNT?
You can use our MIM to MNT calculator at the top of this page to convert any amount of MIM to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.001466 MIM, while 5 MIM will cost around 17,048.11MNT.
What is the highest price of MIM/MNT in history?
The all-time high price of 1 MIM in MNT is ₮9,221.38. It remains to be seen if the value of 1 MIM/MNT will exceed the current all-time high.
What is the price trend of Magic Internet Money in MNT?
Over the past 7 days, the exchange rate of Magic Internet Money (MIM) has gone up by 0.38%.   Over the last month, the exchange rate of Magic Internet Money (MIM) has gone up by 0.75% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of MIM to MNT?

There are many factors that affect the relationship between Magic Internet Money and Mongolian Tugrik, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MIM/MNT. When there is positive news in the market about the widespread adoption of MIM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MIM/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MIM/MNT.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MIM/MNT. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Magic Internet Money and adjust their investment strategies accordingly in the evolving market.

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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.