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PKF to MNT Converter and calculator

PKF/MNT: 1 PKF = 23.96 MNT. The price of converting 1 Red Kite (PKF) to Mongolian Tugrik (MNT) is 23.96 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 PKF to MNT real-time exchange rates, making it easy to convert Red Kite (PKF) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 PKF is currently valued at 23.96 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PKF is currently valued at 23.96 MNT, which means buying 5 PKF would cost 119.80 MNT. Similarly, ₮1 MNT can be converted to 0.04174 PKF, and ₮50 MNT can be converted to 0.2087 PKF, excluding any platform or gas fees.

Convert PKF to MNT

Convert MNT to PKF

Red Kite
Mongolian Tugrik
100 PKF
2,396.02  MNT
200 PKF
4,792.05  MNT
500 PKF
11,980.12  MNT
1000 PKF
23,960.24  MNT
5000 PKF
119,801.2  MNT
10000 PKF
239,602.41  MNT
In the table above, you'll find a comprehensive PKF to MNT converter that shows the value of Red Kite in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 PKF to MNT, all the way up to 10000 PKF, providing a clear view of their respective values.
Mongolian Tugrik
Red Kite
100000 MNT
4,173.58 PKF
In the table above, you'll find a comprehensive MNT to PKF converter that shows the value of Mongolian Tugrik in Red Kite across commonly used conversion amounts. The list covers conversions from 1 MNT to PKF, all the way up to 100000 MNT, providing a clear view of their respective values.

PKF to MNT chart

PKF/MNT: 1 PKF = 23.96 MNT; 2025/04/27 07:54:38
In the past 1D, Red Kite has changed -0.12% to MNT. Based on the trend and price charts, Red Kite(PKF) has changed -0.12% to MNT while Mongolian Tugrik(MNT) has changed % to PKF in the last 24 hours.
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PKF to MNT conversion data: Volatility and price changes of Red Kite in MNT

The highest Red Kite price in MNT over the past 7 days was 28.88 MNT while the lowest Red Kite price in MNT over the past 7 days was 17.47 MNT. The relative change between the highs and lows in Red Kite price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and PKF 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
23.99 MNT
28.88 MNT
40.25 MNT
71.65 MNT
Low
23.96 MNT
17.47 MNT
17.47 MNT
13.63 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-0.12%
-0.97%
-26.44%
-64.39%

Red Kite information

PKF to MNT market statistics

PKF/MNT:
₮23.96
PKF 24h volume:
--
PKF market cap:
₮2,748,051,167.61
PKF circulating supply:
114.69M PKF

Current PKF to MNT exchange rate

Red Kite to Mongolian Tugrik is falling this week.
Red Kite's current market price is ₮23.96 per PKF, with a total market cap of ₮2,748,051,167.61 MNT based on a circulating supply of 114,692,136 PKF. The trading volume of Red Kite has changed by 0.00% (₮0 MNT) in the last 24 hours. Last trading day, PKF's trading volume was ₮0.

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

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How to convert PKF to MNT

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Convert PKF to MNT
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PKF to MNT Conversion tables

The exchange rate of Red Kite is decreasing.
The exchange rate of 1 PKF to Mongolian Tugrik has changed by -0.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.12%, reaching a high of 23.99 MNT and a low of 23.96 MNT . One month ago, the value of 1 PKF was ₮32.57 MNT , which represents a -26.44% change from its current value. Over the last year, Red Kite has changed by
-
239.06MNT
, resulting in a change of -90.89% in its value.
24 hours ago1 month ago1 year ago
Amount07:54 am today24 hours ago24h change
0.5 PKF₮11.98₮11.99
-0.12%
1 PKF₮23.96₮23.99
-0.12%
5 PKF₮119.8₮119.95
-0.12%
10 PKF₮239.6₮239.89
-0.12%
50 PKF₮1,198.01₮1,199.46
-0.12%
100 PKF₮2,396.02₮2,398.92
-0.12%
500 PKF₮11,980.12₮11,994.61
-0.12%
1000 PKF₮23,960.24₮23,989.21
-0.12%

PKF to MNT FAQ

How much is 1 Red Kite in MNT?
Right now, the price of 1 Red Kite (PKF) in Mongolian Tugrik (MNT) is ₮23.96.
How much PKF can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.04174 PKF for 1 MNT.
How do I calculate or convert PKF to MNT?
You can use our PKF to MNT calculator at the top of this page to convert any amount of PKF to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.2087 PKF, while 5 PKF will cost around 119.8MNT.
What is the highest price of PKF/MNT in history?
The all-time high price of 1 PKF in MNT is ₮9,916.31. It remains to be seen if the value of 1 PKF/MNT will exceed the current all-time high.
What is the price trend of Red Kite in MNT?
Over the past 7 days, the exchange rate of Red Kite (PKF) has gone down by 0.97%.   Over the last month, the exchange rate of Red Kite (PKF) has gone down by 26.44% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of PKF to MNT?

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