


KGS 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.
MAGICK to KGS conversion rate trend
MAGICK to KGS market statistics
More info about Cosmic Universe Magick on Bitget
Current MAGICK to KGS exchange rate
Cosmic Universe Magick to Mongolian Tugrik is falling this week.MAGICK to KGS Conversion tables
The exchange rate of Cosmic Universe Magick is decreasing.MAGICK to KGS
KGS to MAGICK
MAGICK to KGS Today vs. 24 hours ago
Amount | 17:30 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 MAGICK | с0.1146 | с0.1261 | -9.10% |
1 MAGICK | с0.2292 | с0.2522 | -9.10% |
5 MAGICK | с1.15 | с1.26 | -9.10% |
10 MAGICK | с2.29 | с2.52 | -9.10% |
50 MAGICK | с11.46 | с12.61 | -9.10% |
100 MAGICK | с22.92 | с25.22 | -9.10% |
500 MAGICK | с114.61 | с126.09 | -9.10% |
1000 MAGICK | с229.23 | с252.18 | -9.10% |
MAGICK to KGS Today vs. 1 month ago
Amount | 17:30 today | 1 month ago | 1M change |
---|---|---|---|
0.5 MAGICK | с0.1146 | с0.1173 | -2.30% |
1 MAGICK | с0.2292 | с0.2346 | -2.30% |
5 MAGICK | с1.15 | с1.17 | -2.30% |
10 MAGICK | с2.29 | с2.35 | -2.30% |
50 MAGICK | с11.46 | с11.73 | -2.30% |
100 MAGICK | с22.92 | с23.46 | -2.30% |
500 MAGICK | с114.61 | с117.31 | -2.30% |
1000 MAGICK | с229.23 | с234.62 | -2.30% |
MAGICK to KGS Today vs. 1 year ago
Amount | 17:30 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 MAGICK | с0.1146 | с0.5162 | -77.79% |
1 MAGICK | с0.2292 | с1.03 | -77.79% |
5 MAGICK | с1.15 | с5.16 | -77.79% |
10 MAGICK | с2.29 | с10.32 | -77.79% |
50 MAGICK | с11.46 | с51.62 | -77.79% |
100 MAGICK | с22.92 | с103.23 | -77.79% |
500 MAGICK | с114.61 | с516.17 | -77.79% |
1000 MAGICK | с229.23 | с1,032.35 | -77.79% |
How to convert MAGICK to KGS



Buy MAGICK (or USDT) for KGS (Kyrgystani Som) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|
Sell MAGICK (or USDT) for KGS (Kyrgystani Som) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|
What factors influence the conversion rate of MAGICK to KGS?
Cosmic Universe Magick price prediction
What will the price of MAGICK be in 2026?
What will the price of MAGICK be in 2031?
Other crypto price predictions










Bitget Earn
APR
Purchase other cryptocurrencies with similar market cap
Popular Cosmic Universe Magick Converter









Popular cryptocurrencies to KGS










Discover more cryptocurrencies
Latest coin listings on Bitget
FAQ
What is a cryptocurrency calculator?
How does a cryptocurrency calculator work?
How accurate is a cryptocurrency calculator?
Can I trust the results of a cryptocurrency calculator?
Can I use a cryptocurrency calculator for tax purposes?
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
