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L2DAO to MNT Converter and calculator

L2DAO/MNT: 1 L2DAO = 0.4075 MNT. The price of converting 1 Layer2DAO (L2DAO) to Mongolian Tugrik (MNT) is 0.4075 MNT today.
L2DAO
L2DAO
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides L2DAO to MNT real-time exchange rates, making it easy to convert Layer2DAO (L2DAO) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 L2DAO is currently valued at 0.41 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 L2DAO is currently valued at 0.41 MNT, which means buying 5 L2DAO would cost 2.04 MNT. Similarly, ₮1 MNT can be converted to 2.45 L2DAO, and ₮50 MNT can be converted to 12.27 L2DAO, excluding any platform or gas fees.

Convert L2DAO to MNT

Convert MNT to L2DAO

Layer2DAO
Mongolian Tugrik
500 L2DAO
203.73  MNT
1000 L2DAO
407.45  MNT
5000 L2DAO
2,037.25  MNT
10000 L2DAO
4,074.51  MNT
In the table above, you'll find a comprehensive L2DAO to MNT converter that shows the value of Layer2DAO in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 L2DAO to MNT, all the way up to 10000 L2DAO, providing a clear view of their respective values.
Mongolian Tugrik
Layer2DAO
1000 MNT
2,454.29 L2DAO
2000 MNT
4,908.57 L2DAO
5000 MNT
12,271.43 L2DAO
10000 MNT
24,542.86 L2DAO
50000 MNT
122,714.29 L2DAO
100000 MNT
245,428.57 L2DAO
In the table above, you'll find a comprehensive MNT to L2DAO converter that shows the value of Mongolian Tugrik in Layer2DAO across commonly used conversion amounts. The list covers conversions from 1 MNT to L2DAO, all the way up to 100000 MNT, providing a clear view of their respective values.

L2DAO to MNT chart

L2DAO/MNT: 1 L2DAO = 0.4075 MNT; 2025/04/27 18:53:49
In the past 1D, Layer2DAO has changed +6.16% to MNT. Based on the trend and price charts, Layer2DAO(L2DAO) has changed +6.16% to MNT while Mongolian Tugrik(MNT) has changed % to L2DAO in the last 24 hours.
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L2DAO to MNT conversion data: Volatility and price changes of Layer2DAO in MNT

The highest Layer2DAO price in MNT over the past 7 days was 0.4087 MNT while the lowest Layer2DAO price in MNT over the past 7 days was 0.3516 MNT. The relative change between the highs and lows in Layer2DAO price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and L2DAO 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
0.4087 MNT
0.4087 MNT
0.4766 MNT
0.7839 MNT
Low
0.4075 MNT
0.3516 MNT
0.3151 MNT
0.3151 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+6.16%
+16.69%
-22.47%
-45.11%

Layer2DAO information

L2DAO to MNT market statistics

L2DAO/MNT:
₮0.4075
L2DAO 24h volume:
--
L2DAO market cap:
--
L2DAO circulating supply:
0 L2DAO

Current L2DAO to MNT exchange rate

Layer2DAO to Mongolian Tugrik is rising this week.
Layer2DAO's current market price is ₮0.4075 per L2DAO, with a total market cap of ₮0 MNT based on a circulating supply of -- L2DAO. The trading volume of Layer2DAO has changed by -100.00% (₮-- MNT) in the last 24 hours. Last trading day, L2DAO's trading volume was ₮--.

More info about Layer2DAO 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 Layer2DAO currency pair is the L2DAO to MNT, with for Layer2DAO's currency code being L2DAO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

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How to convert L2DAO to MNT

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L2DAO to MNT Conversion tables

The exchange rate of Layer2DAO is decreasing.
The exchange rate of 1 L2DAO to Mongolian Tugrik has changed by +16.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.16%, reaching a high of 0.4087 MNT and a low of 0.4075 MNT . One month ago, the value of 1 L2DAO was ₮0.5256 MNT , which represents a -22.47% change from its current value. Over the last year, Layer2DAO has changed by
-
6.22MNT
, resulting in a change of -93.85% in its value.
24 hours ago1 month ago1 year ago
Amount18:53 today24 hours ago24h change
0.5 L2DAO₮0.2037₮0.1919
+6.16%
1 L2DAO₮0.4075₮0.3838
+6.16%
5 L2DAO₮2.04₮1.92
+6.16%
10 L2DAO₮4.07₮3.84
+6.16%
50 L2DAO₮20.37₮19.19
+6.16%
100 L2DAO₮40.75₮38.38
+6.16%
500 L2DAO₮203.73₮191.9
+6.16%
1000 L2DAO₮407.45₮383.8
+6.16%

L2DAO to MNT FAQ

How much is 1 Layer2DAO in MNT?
Right now, the price of 1 Layer2DAO (L2DAO) in Mongolian Tugrik (MNT) is ₮0.4075.
How much L2DAO can I buy for 1 MNT?
Based on the current exchange rate, you can get 2.45 L2DAO for 1 MNT.
How do I calculate or convert L2DAO to MNT?
You can use our L2DAO to MNT calculator at the top of this page to convert any amount of L2DAO to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 12.27 L2DAO, while 5 L2DAO will cost around 2.04MNT.
What is the highest price of L2DAO/MNT in history?
The all-time high price of 1 L2DAO in MNT is ₮86.62. It remains to be seen if the value of 1 L2DAO/MNT will exceed the current all-time high.
What is the price trend of Layer2DAO in MNT?
Over the past 7 days, the exchange rate of Layer2DAO (L2DAO) has gone up by 16.69%.   Over the last month, the exchange rate of Layer2DAO (L2DAO) has gone down by 22.47% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of L2DAO to MNT?

There are many factors that affect the relationship between Layer2DAO 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 L2DAO/MNT. When there is positive news in the market about the widespread adoption of L2DAO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of L2DAO/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in L2DAO/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 L2DAO/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 Layer2DAO 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.