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Velar to Mongolian Tugrik Converter and calculator

Convert 1Velar (VELAR) to Mongolian Tugrik (MNT) equals ₮ 48.72 | Bitget
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Last updated as of 2025/02/26 15:40:29 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Velar(VELAR) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 VELAR at a value of 1 VELAR for 48.72 MNT . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

MNT 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Velar currency pair is the VELAR to MNT, with for Velar's currency code being VELAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

VELAR to MNT conversion rate trend

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Live Velar (VELAR) price chart
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In the past 1D, Velar has changed +2.70% to MNT. Based on the trend and price charts, Velar(VELAR) has changed +2.70% to MNT while Mongolian Tugrik(MNT) has changed -2.62% to VELAR in the last 24 hours.

How to buy Velar

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Buy Velar (VELAR)
Use a variety of payment options to buy Velar on Bitget. We'll show you how.

Buy VELAR (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading does not currently support direct buying of VELAR with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy VELAR with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
R
RussiaBank
81 tradesCompletion rate 99.00%
1 USD
Amount1200 USDT
Limit50 - 1000 USD
Bank TransferTinkoff
Buy
R
RussiaBank
81 tradesCompletion rate 99.00%
1 USD
Amount100 USDT
Limit20 - 49 USD
Bank TransferTinkoff
Buy
A
Alex_Top
25 tradesCompletion rate 100.00%
1 USD
Amount287.88 USDT
Limit30 - 250 USD
Bank TransferTinkoff
Buy
M
MOCKBA
8 tradesCompletion rate 73.00%
1 USD
Amount660 USDT
Limit20 - 660 USD
Bank TransferTinkoff
Buy
金边安欣币行Golden merchant
409 tradesCompletion rate 100.00%
1.002 USD
Amount2000 USDT
Limit50 - 2000 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Buy

Sell VELAR (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of VELAR to MNT. However, you can first exchange VELAR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
R
RussiaBank
81 tradesCompletion rate 99.00%
1 USD
Amount1200 USDT
Limit50 - 1000 USD
Bank TransferTinkoff
Sell
R
RussiaBank
81 tradesCompletion rate 99.00%
1 USD
Amount100 USDT
Limit20 - 49 USD
Bank TransferTinkoff
Sell
A
Alex_Top
25 tradesCompletion rate 100.00%
1 USD
Amount287.88 USDT
Limit30 - 250 USD
Bank TransferTinkoff
Sell
M
MOCKBA
8 tradesCompletion rate 73.00%
1 USD
Amount660 USDT
Limit20 - 660 USD
Bank TransferTinkoff
Sell
金边安欣币行Golden merchant
409 tradesCompletion rate 100.00%
1.002 USD
Amount2000 USDT
Limit50 - 2000 USD
Wing MoneyTrue Money (Cambodia)ABA (Cambodia)
Sell

What factors influence the conversion rate of Velar to Mongolian Tugrik?

Velar to Mongolian Tugrik is falling this week.
Velar's current market price is ₮ 48.72 per VELAR, with a total market cap of ₮ 0 MNT based on a circulating supply of -- VELAR. The trading volume of Velar has changed by +102.77% (₮ 629,025,102.78 MNT) in the last 24 hours. Last trading day, VELAR's trading volume was ₮ 612,064,787.52.
Market cap
$0
24h volume
$365.24K
Circulating supply
0 VELAR
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Conversion tables

The exchange rate of Velar is decreasing.
1 VELAR is currently valued at ₮ 48.72 MNT , which means buying 5 VELAR will cost ₮ 243.59 MNT . Similarly, ₮1 MNT can be traded for 0.02053 VELAR, and ₮50 MNT can be converted to 1.03 VELAR, excluding any platform or gas fees.
The exchange rate of 1 VELAR to Mongolian Tugrik has changed by -17.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.70%, reaching a high of 51.28 MNT and a low of 47.41 MNT . One month ago, the value of 1 VELAR was ₮ 98.48 MNT , which represents a -50.53% change from its current value. Over the last year, Velar has changed by
-
949.99MNT
, resulting in a change of -95.12% in its value.

VELAR to MNT

Amount
15:40 today
0.5 VELAR
24.36
1 VELAR
48.72
5 VELAR
243.59
10 VELAR
487.18
50 VELAR
2,435.92
100 VELAR
4,871.85
500 VELAR
24,359.24
1000 VELAR
48,718.48

MNT to VELAR

Amount15:40 today
0.5MNT0.01026  VELAR
1MNT0.02053  VELAR
5MNT0.1026  VELAR
10MNT0.2053  VELAR
50MNT1.03  VELAR
100MNT2.05  VELAR
500MNT10.26  VELAR
1000MNT20.53  VELAR

Today vs. 24 hours ago

Amount15:40 today24 hours ago24h change
0.5 VELAR$0.007169$0.006981
+2.70%
1 VELAR$0.01434$0.01396
+2.70%
5 VELAR$0.07169$0.06981
+2.70%
10 VELAR$0.1434$0.1396
+2.70%
50 VELAR$0.7169$0.6981
+2.70%
100 VELAR$1.43$1.4
+2.70%
500 VELAR$7.17$6.98
+2.70%
1000 VELAR$14.34$13.96
+2.70%

Today vs. 1 month ago

Amount15:40 today1 month ago1M change
0.5 VELAR$0.007169$0.01449
-50.53%
1 VELAR$0.01434$0.02898
-50.53%
5 VELAR$0.07169$0.1449
-50.53%
10 VELAR$0.1434$0.2898
-50.53%
50 VELAR$0.7169$1.45
-50.53%
100 VELAR$1.43$2.9
-50.53%
500 VELAR$7.17$14.49
-50.53%
1000 VELAR$14.34$28.98
-50.53%

Today vs. 1 year ago

Amount15:40 today1 year ago1Y change
0.5 VELAR$0.007169$0.1470
-95.12%
1 VELAR$0.01434$0.2939
-95.12%
5 VELAR$0.07169$1.47
-95.12%
10 VELAR$0.1434$2.94
-95.12%
50 VELAR$0.7169$14.7
-95.12%
100 VELAR$1.43$29.39
-95.12%
500 VELAR$7.17$146.96
-95.12%
1000 VELAR$14.34$293.91
-95.12%
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Velar price prediction

What will the price of VELAR be in 2026?

Based on VELAR's historical price performance prediction model, the price of VELAR is projected to reach $0.02069 in 2026.

What will the price of VELAR be in 2031?

In 2031, the VELAR price is expected to change by +37.00%. By the end of 2031, the VELAR price is projected to reach $0.06449, with a cumulative ROI of +353.09%.
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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.