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SOFI to MNT Converter and calculator

SOFI/MNT: 1 SOFI = 31.16 MNT. The price of converting 1 RAI Finance (SOFI) to Mongolian Tugrik (MNT) is 31.16 MNT today.
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MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SOFI to MNT real-time exchange rates, making it easy to convert RAI Finance (SOFI) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 SOFI is currently valued at 31.16 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SOFI is currently valued at 31.16 MNT, which means buying 5 SOFI would cost 155.82 MNT. Similarly, ₮1 MNT can be converted to 0.03209 SOFI, and ₮50 MNT can be converted to 0.1604 SOFI, excluding any platform or gas fees.

Convert SOFI to MNT

Convert MNT to SOFI

RAI Finance
Mongolian Tugrik
50 SOFI
1,558.17  MNT
100 SOFI
3,116.35  MNT
200 SOFI
6,232.69  MNT
500 SOFI
15,581.73  MNT
1000 SOFI
31,163.45  MNT
5000 SOFI
155,817.26  MNT
10000 SOFI
311,634.52  MNT
In the table above, you'll find a comprehensive SOFI to MNT converter that shows the value of RAI Finance in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 SOFI to MNT, all the way up to 10000 SOFI, providing a clear view of their respective values.
Mongolian Tugrik
RAI Finance
50000 MNT
1,604.44 SOFI
100000 MNT
3,208.89 SOFI
In the table above, you'll find a comprehensive MNT to SOFI converter that shows the value of Mongolian Tugrik in RAI Finance across commonly used conversion amounts. The list covers conversions from 1 MNT to SOFI, all the way up to 100000 MNT, providing a clear view of their respective values.

SOFI to MNT chart

SOFI/MNT: 1 SOFI = 31.16 MNT; 2025/04/28 09:46:42
In the past 1D, RAI Finance has changed -3.08% to MNT. Based on the trend and price charts, RAI Finance(SOFI) has changed -3.08% to MNT while Mongolian Tugrik(MNT) has changed % to SOFI in the last 24 hours.
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SOFI to MNT conversion data: Volatility and price changes of RAI Finance in MNT

The highest RAI Finance price in MNT over the past 7 days was 72.89 MNT while the lowest RAI Finance price in MNT over the past 7 days was 22.19 MNT. The relative change between the highs and lows in RAI Finance price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and SOFI 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
33.17 MNT
72.89 MNT
72.89 MNT
156.84 MNT
Low
30.49 MNT
22.19 MNT
20.25 MNT
20.25 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-3.08%
-7.65%
+12.71%
-23.45%

RAI Finance information

SOFI to MNT market statistics

SOFI/MNT:
₮31.16
SOFI 24h volume:
₮3,945,423,767.78
SOFI market cap:
₮15,980,715,162.19
SOFI circulating supply:
512.80M SOFI

Current SOFI to MNT exchange rate

RAI Finance to Mongolian Tugrik is falling this week.
RAI Finance's current market price is ₮31.16 per SOFI, with a total market cap of ₮15,980,715,162.19 MNT based on a circulating supply of 512,803,100 SOFI. The trading volume of RAI Finance has changed by -78.87% (₮-14,727,425,974.65 MNT) in the last 24 hours. Last trading day, SOFI's trading volume was ₮18,672,849,742.43.

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

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How to convert SOFI to MNT

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SOFI to MNT Conversion tables

The exchange rate of RAI Finance is increasing.
The exchange rate of 1 SOFI to Mongolian Tugrik has changed by -7.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.08%, reaching a high of 33.17 MNT and a low of 30.49 MNT . One month ago, the value of 1 SOFI was ₮27.63 MNT , which represents a +12.71% change from its current value. Over the last year, RAI Finance has changed by
-
48.52MNT
, resulting in a change of -60.74% in its value.
24 hours ago1 month ago1 year ago
Amount09:46 am today24 hours ago24h change
0.5 SOFI₮15.58₮16.08
-3.08%
1 SOFI₮31.16₮32.16
-3.08%
5 SOFI₮155.82₮160.81
-3.08%
10 SOFI₮311.63₮321.62
-3.08%
50 SOFI₮1,558.17₮1,608.09
-3.08%
100 SOFI₮3,116.35₮3,216.18
-3.08%
500 SOFI₮15,581.73₮16,080.92
-3.08%
1000 SOFI₮31,163.45₮32,161.84
-3.08%

SOFI to MNT FAQ

How much is 1 RAI Finance in MNT?
Right now, the price of 1 RAI Finance (SOFI) in Mongolian Tugrik (MNT) is ₮31.16.
How much SOFI can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.03209 SOFI for 1 MNT.
How do I calculate or convert SOFI to MNT?
You can use our SOFI to MNT calculator at the top of this page to convert any amount of SOFI to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.1604 SOFI, while 5 SOFI will cost around 155.82MNT.
What is the highest price of SOFI/MNT in history?
The all-time high price of 1 SOFI in MNT is ₮1,962.25. It remains to be seen if the value of 1 SOFI/MNT will exceed the current all-time high.
What is the price trend of RAI Finance in MNT?
Over the past 7 days, the exchange rate of RAI Finance (SOFI) has gone down by 7.65%.   Over the last month, the exchange rate of RAI Finance (SOFI) has gone up by 12.71% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of SOFI to MNT?

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