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FRED to MNT Converter and calculator

FRED/MNT: 1 FRED = 11.9 MNT. The price of converting 1 First Convicted RACCON (FRED) to Mongolian Tugrik (MNT) is 11.9 MNT today.
FRED
FRED
MNT
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FRED to MNT real-time exchange rates, making it easy to convert First Convicted RACCON (FRED) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 FRED is currently valued at 11.90 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FRED is currently valued at 11.90 MNT, which means buying 5 FRED would cost 59.50 MNT. Similarly, ₮1 MNT can be converted to 0.08404 FRED, and ₮50 MNT can be converted to 0.4202 FRED, excluding any platform or gas fees.
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Convert FRED to MNT

Convert MNT to FRED

First Convicted RACCON
Mongolian Tugrik
100 FRED
1,189.98  MNT
200 FRED
2,379.96  MNT
500 FRED
5,949.9  MNT
1000 FRED
11,899.8  MNT
5000 FRED
59,498.98  MNT
10000 FRED
118,997.96  MNT
In the table above, you'll find a comprehensive FRED to MNT converter that shows the value of First Convicted RACCON in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 FRED to MNT, all the way up to 10000 FRED, providing a clear view of their respective values.
Mongolian Tugrik
First Convicted RACCON
50000 MNT
4,201.75 FRED
100000 MNT
8,403.51 FRED
In the table above, you'll find a comprehensive MNT to FRED converter that shows the value of Mongolian Tugrik in First Convicted RACCON across commonly used conversion amounts. The list covers conversions from 1 MNT to FRED, all the way up to 100000 MNT, providing a clear view of their respective values.

FRED to MNT chart

FRED/MNT: 1 FRED = 11.9 MNT; 2025/04/29 16:49:59
In the past 1D, First Convicted RACCON has changed +1.07% to MNT. Based on the trend and price charts, First Convicted RACCON(FRED) has changed +1.07% to MNT while Mongolian Tugrik(MNT) has changed % to FRED in the last 24 hours.
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FRED to MNT conversion data: Volatility and price changes of First Convicted RACCON in MNT

The highest First Convicted RACCON price in MNT over the past 7 days was 13.77 MNT while the lowest First Convicted RACCON price in MNT over the past 7 days was 11.44 MNT. The relative change between the highs and lows in First Convicted RACCON price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and FRED 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
11.99 MNT
13.77 MNT
14.75 MNT
33.2 MNT
Low
11.73 MNT
11.44 MNT
9.19 MNT
8.29 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+1.07%
-10.27%
+1.65%
-27.79%

First Convicted RACCON information

FRED to MNT market statistics

FRED/MNT:
₮11.9
FRED 24h volume:
--
FRED market cap:
--
FRED circulating supply:
-- FRED

Current FRED to MNT exchange rate

First Convicted RACCON to Mongolian Tugrik is falling this week.
First Convicted RACCON's current market price is ₮11.9 per FRED, with a total market cap of ₮-- MNT based on a circulating supply of -- FRED. The trading volume of First Convicted RACCON has changed by --% (₮-- MNT) in the last 24 hours. Last trading day, FRED's trading volume was ₮--.

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

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How to convert FRED to MNT

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1 FRED to C$0.004853 CAD
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1 FRED to ₩5.02 KRW
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1 FRED to ₮11.9 MNT
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1 FRED to ¥0.4977 JPY
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FRED to MNT Conversion tables

The exchange rate of First Convicted RACCON is increasing.
The exchange rate of 1 FRED to Mongolian Tugrik has changed by -10.27% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.07%, reaching a high of 11.99 MNT and a low of 11.73 MNT . One month ago, the value of 1 FRED was ₮11.71 MNT , which represents a +1.65% change from its current value. Over the last year, First Convicted RACCON has changed by
-
28.87MNT
, resulting in a change of -70.81% in its value.
24 hours ago1 month ago1 year ago
Amount16:49 today24 hours ago24h change
0.5 FRED₮5.95₮5.89
+1.07%
1 FRED₮11.9₮11.77
+1.07%
5 FRED₮59.5₮58.87
+1.07%
10 FRED₮119₮117.74
+1.07%
50 FRED₮594.99₮588.7
+1.07%
100 FRED₮1,189.98₮1,177.41
+1.07%
500 FRED₮5,949.9₮5,887.03
+1.07%
1000 FRED₮11,899.8₮11,774.07
+1.07%

FRED to MNT FAQ

How much is 1 First Convicted RACCON in MNT?
Right now, the price of 1 First Convicted RACCON (FRED) in Mongolian Tugrik (MNT) is ₮11.9.
How much FRED can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.08404 FRED for 1 MNT.
How do I calculate or convert FRED to MNT?
You can use our FRED to MNT calculator at the top of this page to convert any amount of FRED to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.4202 FRED, while 5 FRED will cost around 59.5MNT.
What is the highest price of FRED/MNT in history?
The all-time high price of 1 FRED in MNT is ₮1,223.28. It remains to be seen if the value of 1 FRED/MNT will exceed the current all-time high.
What is the price trend of First Convicted RACCON in MNT?
Over the past 7 days, the exchange rate of First Convicted RACCON (FRED) has gone down by 10.27%.   Over the last month, the exchange rate of First Convicted RACCON (FRED) has gone up by 1.65% against Mongolian Tugrik (MNT).

What factors influence the conversion rate of FRED to MNT?

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

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