


BGN 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.
ABI to BGN conversion rate trend
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Current ABI to BGN exchange rate
AB DEFI to Mongolian Tugrik is falling this week.ABI to BGN Conversion tables
The exchange rate of AB DEFI is decreasing.ABI to BGN
BGN to ABI
ABI to BGN Today vs. 24 hours ago
Amount | 16:25 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ABI | лв0.8789 | лв0.8789 | -0.00% |
1 ABI | лв1.76 | лв1.76 | -0.00% |
5 ABI | лв8.79 | лв8.79 | -0.00% |
10 ABI | лв17.58 | лв17.58 | -0.00% |
50 ABI | лв87.89 | лв87.89 | -0.00% |
100 ABI | лв175.77 | лв175.77 | -0.00% |
500 ABI | лв878.85 | лв878.87 | -0.00% |
1000 ABI | лв1,757.7 | лв1,757.75 | -0.00% |
ABI to BGN Today vs. 1 month ago
Amount | 16:25 today | 1 month ago | 1M change |
---|---|---|---|
0.5 ABI | лв0.8789 | лв1.13 | -21.96% |
1 ABI | лв1.76 | лв2.25 | -21.96% |
5 ABI | лв8.79 | лв11.26 | -21.96% |
10 ABI | лв17.58 | лв22.52 | -21.96% |
50 ABI | лв87.89 | лв112.6 | -21.96% |
100 ABI | лв175.77 | лв225.2 | -21.96% |
500 ABI | лв878.85 | лв1,125.99 | -21.96% |
1000 ABI | лв1,757.7 | лв2,251.98 | -21.96% |
ABI to BGN Today vs. 1 year ago
Amount | 16:25 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 ABI | лв0.8789 | лв774.19 | -99.89% |
1 ABI | лв1.76 | лв1,548.37 | -99.89% |
5 ABI | лв8.79 | лв7,741.86 | -99.89% |
10 ABI | лв17.58 | лв15,483.73 | -99.89% |
50 ABI | лв87.89 | лв77,418.63 | -99.89% |
100 ABI | лв175.77 | лв154,837.27 | -99.89% |
500 ABI | лв878.85 | лв774,186.33 | -99.89% |
1000 ABI | лв1,757.7 | лв1,548,372.67 | -99.89% |
How to convert ABI to BGN



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