Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

REEF to MNT Converter and calculator

REEF/MNT: 1 REEF = 1.08 MNT. The price of converting 1 Reef (REEF) to Mongolian Tugrik (MNT) is 1.08 MNT today.
REEF
REEF
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides REEF to MNT real-time exchange rates, making it easy to convert Reef (REEF) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 REEF is currently valued at 1.08 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 REEF is currently valued at 1.08 MNT, which means buying 5 REEF would cost 5.40 MNT. Similarly, ₮1 MNT can be converted to 0.9267 REEF, and ₮50 MNT can be converted to 4.63 REEF, excluding any platform or gas fees.

Convert REEF to MNT

Convert MNT to REEF

Reef
Mongolian Tugrik
1000 REEF
1,079.12  MNT
5000 REEF
5,395.62  MNT
10000 REEF
10,791.24  MNT
In the table above, you'll find a comprehensive REEF to MNT converter that shows the value of Reef in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 REEF to MNT, all the way up to 10000 REEF, providing a clear view of their respective values.
Mongolian Tugrik
Reef
10000 MNT
9,266.78 REEF
50000 MNT
46,333.89 REEF
100000 MNT
92,667.78 REEF
In the table above, you'll find a comprehensive MNT to REEF converter that shows the value of Mongolian Tugrik in Reef across commonly used conversion amounts. The list covers conversions from 1 MNT to REEF, all the way up to 100000 MNT, providing a clear view of their respective values.

REEF to MNT chart

REEF/MNT: 1 REEF = 1.08 MNT; 2025/04/26 21:51:15
In the past 1D, Reef has changed +4.43% to MNT. Based on the trend and price charts, Reef(REEF) has changed +4.43% to MNT while Mongolian Tugrik(MNT) has changed % to REEF in the last 24 hours.
1D7D1M3M1YAll

REEF to MNT conversion data: Volatility and price changes of Reef in MNT

The highest Reef price in MNT over the past 7 days was 1.64 MNT while the lowest Reef price in MNT over the past 7 days was 0.7128 MNT. The relative change between the highs and lows in Reef price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and REEF 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
1.44 MNT
1.64 MNT
1.92 MNT
3.02 MNT
Low
0.9731 MNT
0.7128 MNT
0.6073 MNT
0.6073 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+4.43%
-13.19%
-35.64%
-55.78%

Reef information

REEF to MNT market statistics

REEF/MNT:
₮1.08
REEF 24h volume:
₮4,890,194,694.91
REEF market cap:
₮22,678,533,284.9
REEF circulating supply:
21.02B REEF

Current REEF to MNT exchange rate

Reef to Mongolian Tugrik is falling this week.
Reef's current market price is ₮1.08 per REEF, with a total market cap of ₮22,678,533,284.9 MNT based on a circulating supply of 21,015,693,000 REEF. The trading volume of Reef has changed by -32.73% (₮-2,378,778,867.16 MNT) in the last 24 hours. Last trading day, REEF's trading volume was ₮7,268,973,562.07.

More info about Reef 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 Reef currency pair is the REEF to MNT, with for Reef's currency code being REEF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 94377.00 USD
popular info ethereum
ETH to USD
1 ETH to 1806.87 USD
popular info ripple
XRP to USD
1 XRP to 2.20 USD
popular info solana
SOL to USD
1 SOL to 149.38 USD
popular info bitcoin
BTC to EUR
1 BTC to 82834.69 EUR
popular info bitcoin
BTC to GBP
1 BTC to 70886.56 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131051.90 CAD
popular info bitcoin
BTC to BRL
1 BTC to 537042.88 BRL
popular info bitcoin
BTC to INR
1 BTC to 8058351.83 INR
popular info pi-network
PI to INR
1 PI to 55.56 INR

Hot promotions

How to convert REEF to MNT

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert REEF to MNT
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy REEF (or USDT) for MNT (Mongolian Tugrik) offers
Bitget P2P trading does not currently support direct buying of REEF with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy REEF with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular Reef Converter

popular info New Taiwan dollar
REEF to TWD
1 REEF to NT$0.01034 TWD
popular info Chinese Yuan
REEF to CNY
1 REEF to ¥0.002315 CNY
popular info United States Dollar
REEF to USD
1 REEF to $0.0003176 USD
popular info Euro
REEF to EUR
1 REEF to €0.0002787 EUR
popular info Canadian Dollar
REEF to CAD
1 REEF to C$0.0004410 CAD
popular info South Korean Won
REEF to KRW
1 REEF to ₩0.4568 KRW
popular info Mongolian Tugrik
REEF to MNT
1 REEF to ₮1.08 MNT
popular info Japanese Yen
REEF to JPY
1 REEF to ¥0.04563 JPY
popular info Pound Sterling
REEF to GBP
1 REEF to £0.0002385 GBP
popular info Brazilian Real
REEF to BRL
1 REEF to R$0.001807 BRL

Popular cryptocurrencies to MNT

other assets OFFICIAL TRUMP
TRUMP to MNT
1 TRUMP to ₮52,290.67 MNT
other assets Alpaca Finance
ALPACA to MNT
1 ALPACA to ₮970.05 MNT
other assets Turbo
TURBO to MNT
1 TURBO to ₮18.51 MNT
other assets TRON
TRX to MNT
1 TRX to ₮858.01 MNT
other assets Brett (Based)
BRETT to MNT
1 BRETT to ₮233.2 MNT
other assets EthereumPoW
ETHW to MNT
1 ETHW to ₮6,715.65 MNT
other assets Synapse
SYN to MNT
1 SYN to ₮1,156.67 MNT
other assets Virtuals Protocol
VIRTUAL to MNT
1 VIRTUAL to ₮3,628.24 MNT
other assets NEM
XEM to MNT
1 XEM to ₮87.9 MNT
other assets BitTorrent [New]
BTT to MNT
1 BTT to ₮0.002596 MNT

REEF to MNT Conversion tables

The exchange rate of Reef is decreasing.
The exchange rate of 1 REEF to Mongolian Tugrik has changed by -13.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.43%, reaching a high of 1.44 MNT and a low of 0.9731 MNT . One month ago, the value of 1 REEF was ₮1.68 MNT , which represents a -35.64% change from its current value. Over the last year, Reef has changed by
-
6.35MNT
, resulting in a change of -85.47% in its value.
24 hours ago1 month ago1 year ago
Amount21:51 today24 hours ago24h change
0.5 REEF₮0.5396₮0.5167
+4.43%
1 REEF₮1.08₮1.03
+4.43%
5 REEF₮5.4₮5.17
+4.43%
10 REEF₮10.79₮10.33
+4.43%
50 REEF₮53.96₮51.67
+4.43%
100 REEF₮107.91₮103.33
+4.43%
500 REEF₮539.56₮516.67
+4.43%
1000 REEF₮1,079.12₮1,033.34
+4.43%

REEF to MNT FAQ

How much is 1 Reef in MNT?
Right now, the price of 1 Reef (REEF) in Mongolian Tugrik (MNT) is ₮1.08.
How much REEF can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.9267 REEF for 1 MNT.
How do I calculate or convert REEF to MNT?
You can use our REEF to MNT calculator at the top of this page to convert any amount of REEF to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 4.63 REEF, while 5 REEF will cost around 5.4MNT.
What is the highest price of REEF/MNT in history?
The all-time high price of 1 REEF in MNT is ₮198.46. It remains to be seen if the value of 1 REEF/MNT will exceed the current all-time high.
What is the price trend of Reef in MNT?
Over the past 7 days, the exchange rate of Reef (REEF) has gone down by 13.19%.   Over the last month, the exchange rate of Reef (REEF) has gone down by 35.64% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of REEF to MNT?

There are many factors that affect the relationship between Reef 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 REEF/MNT. When there is positive news in the market about the widespread adoption of REEF or major technological breakthroughs, it tends to trigger market optimism and drive the rise of REEF/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in REEF/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 REEF/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 Reef and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.