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PointPay to Mongolian Tugrik Converter and calculator

Convert 1PointPay (PXP) to Mongolian Tugrik (MNT) equals ₮ 138.9 | Bitget
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Last updated 2024/12/27 22:13:06 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of PointPay(PXP) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 PXP at a value of 1 PXP for 138.90 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 PointPay currency pair is the PXP to MNT, with for PointPay's currency code being PXP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

PXP to MNT conversion rate trend

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Live PointPay (PXP) price chart
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In the past 1D, PointPay has changed +4.13% to MNT. Based on the trend and price charts, PointPay(PXP) has changed +4.13% to MNT while Mongolian Tugrik(MNT) has changed -3.97% to PXP in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮137.76
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/27 16:31:13(UTC+0)

How to buy PointPay

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy PointPay (PXP)
Use a variety of payment options to buy PointPay on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of PXP with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy PXP with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell PXP (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of PXP to MNT. However, you can first exchange PXP 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
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What factors influence the conversion rate of PointPay to Mongolian Tugrik?

PointPay to Mongolian Tugrik is falling this week.
PointPay's current market price is ₮ 138.9 per PXP, with a total market cap of ₮ 4,166,967,340.39 MNT based on a circulating supply of 30,000,000 PXP. The trading volume of PointPay has changed by -2.41% (₮ -3,483,405.00 MNT) in the last 24 hours. Last trading day, PXP's trading volume was ₮ 144,605,629.02.
Market cap
$1.23M
24h volume
$41.53K
Circulating supply
30.00M PXP

Conversion tables

The exchange rate of PointPay is increasing.
1 PXP is currently valued at ₮ 138.9 MNT , which means buying 5 PXP will cost ₮ 694.49 MNT . Similarly, ₮1 MNT can be traded for 0.007199 PXP, and ₮50 MNT can be converted to 0.3600 PXP, excluding any platform or gas fees.
The exchange rate of 1 PXP to Mongolian Tugrik has changed by -0.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.13%, reaching a high of 148.83 MNT and a low of 124.36 MNT . One month ago, the value of 1 PXP was ₮ 106.92 MNT , which represents a +29.55% change from its current value. Over the last year, PointPay has changed by
+
112.02MNT
, resulting in a change of +397.24% in its value.

PXP to MNT

Amount
22:13 today
0.5 PXP
69.45
1 PXP
138.9
5 PXP
694.49
10 PXP
1,388.99
50 PXP
6,944.95
100 PXP
13,889.89
500 PXP
69,449.45
1000 PXP
138,898.9

MNT to PXP

Amount22:13 today
0.5MNT0.003600  PXP
1MNT0.007199  PXP
5MNT0.03600  PXP
10MNT0.07199  PXP
50MNT0.3600  PXP
100MNT0.7199  PXP
500MNT3.6  PXP
1000MNT7.2  PXP

Today vs. 24 hours ago

Amount22:13 today24 hours ago24h change
0.5 PXP$0.02044$0.01962
+4.13%
1 PXP$0.04088$0.03924
+4.13%
5 PXP$0.2044$0.1962
+4.13%
10 PXP$0.4088$0.3924
+4.13%
50 PXP$2.04$1.96
+4.13%
100 PXP$4.09$3.92
+4.13%
500 PXP$20.44$19.62
+4.13%
1000 PXP$40.88$39.24
+4.13%

Today vs. 1 month ago

Amount22:13 today1 month ago1M change
0.5 PXP$0.02044$0.01573
+29.55%
1 PXP$0.04088$0.03147
+29.55%
5 PXP$0.2044$0.1573
+29.55%
10 PXP$0.4088$0.3147
+29.55%
50 PXP$2.04$1.57
+29.55%
100 PXP$4.09$3.15
+29.55%
500 PXP$20.44$15.73
+29.55%
1000 PXP$40.88$31.47
+29.55%

Today vs. 1 year ago

Amount22:13 today1 year ago1Y change
0.5 PXP$0.02044$0.003956
+397.24%
1 PXP$0.04088$0.007911
+397.24%
5 PXP$0.2044$0.03956
+397.24%
10 PXP$0.4088$0.07911
+397.24%
50 PXP$2.04$0.3956
+397.24%
100 PXP$4.09$0.7911
+397.24%
500 PXP$20.44$3.96
+397.24%
1000 PXP$40.88$7.91
+397.24%

PointPay price prediction

What will the price of PXP be in 2025?

Based on PXP's historical price performance prediction model, the price of PXP is projected to reach $0.05605 in 2025.

What will the price of PXP be in 2030?

In 2030, the PXP price is expected to change by +1.00%. By the end of 2030, the PXP price is projected to reach $0.1423, with a cumulative ROI of +233.22%.

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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.