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base info MiL.k

MiL.k to Mongolian Tugrik Converter and calculator

Convert 1MiL.k (MLK) to Mongolian Tugrik (MNT) equals ₮ 864.51 | 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 MiL.k(MLK) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 MLK at a value of 1 MLK for 864.51 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 MiL.k currency pair is the MLK to MNT, with for MiL.k's currency code being MLK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

MLK to MNT conversion rate trend

1D7D1M3M1YAll
In the past 1D, MiL.k has changed -4.56% to MNT. Based on the trend and price charts, MiL.k(MLK) has changed -4.56% to MNT while Mongolian Tugrik(MNT) has changed % to MLK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮869.41
0.0200% / 0.0320%vip-iconVIP 7
Huobi
₮814.84
0.1000% / 0.1000%
Yes
Gate.io
₮823.68
0.1000% / 0.1000%
Yes
Bybit
₮828.09
0.1000% / 0.1000%
Yes
KuCoin
₮827.48
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:19(UTC+0)

How to buy MiL.k

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy MiL.k (MLK)
Use a variety of payment options to buy MiL.k on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of MLK to MNT. However, you can first exchange MLK 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 MiL.k to Mongolian Tugrik?

MiL.k to Mongolian Tugrik is falling this week.
MiL.k's current market price is ₮ 864.51 per MLK, with a total market cap of ₮ 358,244,425,637.17 MNT based on a circulating supply of 414,392,100 MLK. The trading volume of MiL.k has changed by -70.01% (₮ -71,544,533,152.61 MNT) in the last 24 hours. Last trading day, MLK's trading volume was ₮ 102,193,044,846.4.
Market cap
$105.43M
24h volume
$9.02M
Circulating supply
414.39M MLK

Conversion tables

The exchange rate of MiL.k is increasing.
1 MLK is currently valued at ₮ 864.51 MNT , which means buying 5 MLK will cost ₮ 4,322.53 MNT . Similarly, ₮1 MNT can be traded for 0.001157 MLK, and ₮50 MNT can be converted to 0.05784 MLK, excluding any platform or gas fees.
The exchange rate of 1 MLK to Mongolian Tugrik has changed by -15.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.56%, reaching a high of 917.98 MNT and a low of 853.05 MNT . One month ago, the value of 1 MLK was ₮ 820.07 MNT , which represents a +5.43% change from its current value. Over the last year, MiL.k has changed by
-
374.7MNT
, resulting in a change of -30.27% in its value.

MLK to MNT

Amount
08:54 am today
0.5 MLK
432.25
1 MLK
864.51
5 MLK
4,322.53
10 MLK
8,645.06
50 MLK
43,225.3
100 MLK
86,450.59
500 MLK
432,252.95
1000 MLK
864,505.91

MNT to MLK

Amount08:54 am today
0.5MNT0.0005784  MLK
1MNT0.001157  MLK
5MNT0.005784  MLK
10MNT0.01157  MLK
50MNT0.05784  MLK
100MNT0.1157  MLK
500MNT0.5784  MLK
1000MNT1.16  MLK

Today vs. 24 hours ago

Amount08:54 am today24 hours ago24h change
0.5 MLK$0.1272$0.1333
-4.56%
1 MLK$0.2544$0.2666
-4.56%
5 MLK$1.27$1.33
-4.56%
10 MLK$2.54$2.67
-4.56%
50 MLK$12.72$13.33
-4.56%
100 MLK$25.44$26.66
-4.56%
500 MLK$127.21$133.28
-4.56%
1000 MLK$254.42$266.55
-4.56%

Today vs. 1 month ago

Amount08:54 am today1 month ago1M change
0.5 MLK$0.1272$0.1207
+5.43%
1 MLK$0.2544$0.2413
+5.43%
5 MLK$1.27$1.21
+5.43%
10 MLK$2.54$2.41
+5.43%
50 MLK$12.72$12.07
+5.43%
100 MLK$25.44$24.13
+5.43%
500 MLK$127.21$120.67
+5.43%
1000 MLK$254.42$241.34
+5.43%

Today vs. 1 year ago

Amount08:54 am today1 year ago1Y change
0.5 MLK$0.1272$0.1823
-30.27%
1 MLK$0.2544$0.3647
-30.27%
5 MLK$1.27$1.82
-30.27%
10 MLK$2.54$3.65
-30.27%
50 MLK$12.72$18.23
-30.27%
100 MLK$25.44$36.47
-30.27%
500 MLK$127.21$182.34
-30.27%
1000 MLK$254.42$364.69
-30.27%

MiL.k price prediction

What will the price of MLK be in 2025?

Based on MLK's historical price performance prediction model, the price of MLK is projected to reach $0.3813 in 2025.

What will the price of MLK be in 2030?

In 2030, the MLK price is expected to change by +6.00%. By the end of 2030, the MLK price is projected to reach $0.6280, with a cumulative ROI of +152.30%.

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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 MiL.k 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 MiL.k 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 MiL.k 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.
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.