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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.
HMND to DZD conversion rate trend
HMND to DZD market statistics
More info about Humanode on Bitget
Current HMND to DZD exchange rate
Humanode to Mongolian Tugrik is falling this week.HMND to DZD Conversion tables
The exchange rate of Humanode is decreasing.HMND to DZD
DZD to HMND
HMND to DZD Today vs. 24 hours ago
Amount | 11:23 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 HMND | د.ج2.01 | د.ج1.93 | +4.47% |
1 HMND | د.ج4.02 | د.ج3.85 | +4.47% |
5 HMND | د.ج20.12 | د.ج19.26 | +4.47% |
10 HMND | د.ج40.25 | د.ج38.52 | +4.47% |
50 HMND | د.ج201.24 | د.ج192.62 | +4.47% |
100 HMND | د.ج402.47 | د.ج385.25 | +4.47% |
500 HMND | د.ج2,012.35 | د.ج1,926.24 | +4.47% |
1000 HMND | د.ج4,024.7 | د.ج3,852.49 | +4.47% |
HMND to DZD Today vs. 1 month ago
Amount | 11:23 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 HMND | د.ج2.01 | د.ج2.71 | -25.86% |
1 HMND | د.ج4.02 | د.ج5.43 | -25.86% |
5 HMND | د.ج20.12 | د.ج27.14 | -25.86% |
10 HMND | د.ج40.25 | د.ج54.28 | -25.86% |
50 HMND | د.ج201.24 | د.ج271.42 | -25.86% |
100 HMND | د.ج402.47 | د.ج542.84 | -25.86% |
500 HMND | د.ج2,012.35 | د.ج2,714.22 | -25.86% |
1000 HMND | د.ج4,024.7 | د.ج5,428.45 | -25.86% |
HMND to DZD Today vs. 1 year ago
Amount | 11:23 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 HMND | د.ج2.01 | د.ج14.37 | -86.00% |
1 HMND | د.ج4.02 | د.ج28.74 | -86.00% |
5 HMND | د.ج20.12 | د.ج143.69 | -86.00% |
10 HMND | د.ج40.25 | د.ج287.37 | -86.00% |
50 HMND | د.ج201.24 | د.ج1,436.87 | -86.00% |
100 HMND | د.ج402.47 | د.ج2,873.73 | -86.00% |
500 HMND | د.ج2,012.35 | د.ج14,368.66 | -86.00% |
1000 HMND | د.ج4,024.7 | د.ج28,737.32 | -86.00% |
How to convert HMND to DZD



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