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DROVERS to MNT Converter and calculator

DROVERS/MNT: 1 DROVERS = 0.05197 MNT. The price of converting 1 Drover Inu (DROVERS) to Mongolian Tugrik (MNT) is 0.05197 MNT today.
DROVERS
DROVERS
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DROVERS to MNT real-time exchange rates, making it easy to convert Drover Inu (DROVERS) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 DROVERS is currently valued at 0.05 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DROVERS is currently valued at 0.05 MNT, which means buying 5 DROVERS would cost 0.26 MNT. Similarly, ₮1 MNT can be converted to 19.24 DROVERS, and ₮50 MNT can be converted to 96.21 DROVERS, excluding any platform or gas fees.

Convert DROVERS to MNT

Convert MNT to DROVERS

Drover Inu
Mongolian Tugrik
1 DROVERS
0.05197  MNT
2 DROVERS
0.1039  MNT
5 DROVERS
0.2599  MNT
10 DROVERS
0.5197  MNT
200 DROVERS
10.39  MNT
500 DROVERS
25.99  MNT
1000 DROVERS
51.97  MNT
5000 DROVERS
259.86  MNT
10000 DROVERS
519.72  MNT
In the table above, you'll find a comprehensive DROVERS to MNT converter that shows the value of Drover Inu in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 DROVERS to MNT, all the way up to 10000 DROVERS, providing a clear view of their respective values.
Mongolian Tugrik
Drover Inu
100 MNT
1,924.13 DROVERS
200 MNT
3,848.25 DROVERS
500 MNT
9,620.64 DROVERS
1000 MNT
19,241.27 DROVERS
2000 MNT
38,482.55 DROVERS
5000 MNT
96,206.37 DROVERS
10000 MNT
192,412.74 DROVERS
50000 MNT
962,063.68 DROVERS
100000 MNT
1,924,127.37 DROVERS
In the table above, you'll find a comprehensive MNT to DROVERS converter that shows the value of Mongolian Tugrik in Drover Inu across commonly used conversion amounts. The list covers conversions from 1 MNT to DROVERS, all the way up to 100000 MNT, providing a clear view of their respective values.

DROVERS to MNT chart

DROVERS/MNT: 1 DROVERS = 0.05197 MNT; 2025/04/29 02:28:14
In the past 1D, Drover Inu has changed +0.00% to MNT. Based on the trend and price charts, Drover Inu(DROVERS) has changed +0.00% to MNT while Mongolian Tugrik(MNT) has changed % to DROVERS in the last 24 hours.
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DROVERS to MNT conversion data: Volatility and price changes of Drover Inu in MNT

The highest Drover Inu price in MNT over the past 7 days was 0.04967 MNT while the lowest Drover Inu price in MNT over the past 7 days was 0.04673 MNT. The relative change between the highs and lows in Drover Inu price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and DROVERS 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
0.04936 MNT
0.04967 MNT
0.05878 MNT
0.07756 MNT
Low
0.04936 MNT
0.04673 MNT
0.04673 MNT
0.04673 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+0.00%
+5.63%
-11.93%
-35.11%

Drover Inu information

DROVERS to MNT market statistics

DROVERS/MNT:
₮0.05197
DROVERS 24h volume:
--
DROVERS market cap:
--
DROVERS circulating supply:
0 DROVERS

Current DROVERS to MNT exchange rate

Drover Inu to Mongolian Tugrik is rising this week.
Drover Inu's current market price is ₮0.05197 per DROVERS, with a total market cap of ₮0 MNT based on a circulating supply of -- DROVERS. The trading volume of Drover Inu has changed by 0.00% (₮0 MNT) in the last 24 hours. Last trading day, DROVERS's trading volume was ₮0.

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

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How to convert DROVERS to MNT

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DROVERS to MNT Conversion tables

The exchange rate of Drover Inu is decreasing.
The exchange rate of 1 DROVERS to Mongolian Tugrik has changed by +5.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.00%, reaching a high of 0.04936 MNT and a low of 0.04936 MNT . One month ago, the value of 1 DROVERS was ₮0.05866 MNT , which represents a -11.93% change from its current value. Over the last year, Drover Inu has changed by
-
0.04780MNT
, resulting in a change of -49.20% in its value.
24 hours ago1 month ago1 year ago
Amount02:28 am today24 hours ago24h change
0.5 DROVERS₮0.02599₮0.02599
+0.00%
1 DROVERS₮0.05197₮0.05197
+0.00%
5 DROVERS₮0.2599₮0.2599
+0.00%
10 DROVERS₮0.5197₮0.5197
+0.00%
50 DROVERS₮2.6₮2.6
+0.00%
100 DROVERS₮5.2₮5.2
+0.00%
500 DROVERS₮25.99₮25.99
+0.00%
1000 DROVERS₮51.97₮51.97
+0.00%

DROVERS to MNT FAQ

How much is 1 Drover Inu in MNT?
Right now, the price of 1 Drover Inu (DROVERS) in Mongolian Tugrik (MNT) is ₮0.05197.
How much DROVERS can I buy for 1 MNT?
Based on the current exchange rate, you can get 19.24 DROVERS for 1 MNT.
How do I calculate or convert DROVERS to MNT?
You can use our DROVERS to MNT calculator at the top of this page to convert any amount of DROVERS to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 96.21 DROVERS, while 5 DROVERS will cost around 0.2599MNT.
What is the highest price of DROVERS/MNT in history?
The all-time high price of 1 DROVERS in MNT is ₮0.2595. It remains to be seen if the value of 1 DROVERS/MNT will exceed the current all-time high.
What is the price trend of Drover Inu in MNT?
Over the past 7 days, the exchange rate of Drover Inu (DROVERS) has gone up by 5.63%.   Over the last month, the exchange rate of Drover Inu (DROVERS) has gone down by 11.93% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of DROVERS to MNT?

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