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base info SONM (BEP-20)

SONM (BEP-20) to Mongolian Tugrik Converter and calculator

Convert 1SONM (BEP-20) (SNM) to Mongolian Tugrik (MNT) equals ₮ 2.24 | Bitget
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Last updated as of 2025/02/20 09:40:45 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of SONM (BEP-20)(SNM) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 SNM at a value of 1 SNM for 2.24 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 SONM (BEP-20) currency pair is the SNM to MNT, with for SONM (BEP-20)'s currency code being SNM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

SNM to MNT conversion rate trend

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Live SONM (BEP-20) (SNM) price chart
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In the past 1D, SONM (BEP-20) has changed -45.93% to MNT. Based on the trend and price charts, SONM (BEP-20)(SNM) has changed -45.93% to MNT while Mongolian Tugrik(MNT) has changed +84.94% to SNM in the last 24 hours.

How to buy SONM (BEP-20)

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

Bitget P2P trading does not currently support direct buying of SNM with MNT. However, you can buy USDT in Bitget P2P trading first, and then buy SNM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell SNM (or USDT) for MNT (Mongolian Tugrik) offers

Bitget P2P trading currently does not support direct selling of SNM to MNT. However, you can first exchange SNM 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
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What factors influence the conversion rate of SONM (BEP-20) to Mongolian Tugrik?

SONM (BEP-20) to Mongolian Tugrik is rising this week.
SONM (BEP-20)'s current market price is ₮ 2.24 per SNM, with a total market cap of ₮ 745,903,940.56 MNT based on a circulating supply of 332,312,220 SNM. The trading volume of SONM (BEP-20) has changed by -98.14% (₮ -14,524,992.61 MNT) in the last 24 hours. Last trading day, SNM's trading volume was ₮ 14,800,262.69.
Market cap
$219.51K
24h volume
$81.00944256
Circulating supply
332.31M SNM
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Conversion tables

The exchange rate of SONM (BEP-20) is decreasing.
1 SNM is currently valued at ₮ 2.24 MNT , which means buying 5 SNM will cost ₮ 11.22 MNT . Similarly, ₮1 MNT can be traded for 0.4455 SNM, and ₮50 MNT can be converted to 22.28 SNM, excluding any platform or gas fees.
The exchange rate of 1 SNM to Mongolian Tugrik has changed by +2.83% in the last 7 days. In the last 24 hours, the rate has fluctuated by -45.93%, reaching a high of 4.17 MNT and a low of 0.2749 MNT . One month ago, the value of 1 SNM was ₮ 4.01 MNT , which represents a -43.99% change from its current value. Over the last year, SONM (BEP-20) has changed by
-
7.04MNT
, resulting in a change of -75.82% in its value.

SNM to MNT

Amount
09:40 am today
0.5 SNM
1.12
1 SNM
2.24
5 SNM
11.22
10 SNM
22.45
50 SNM
112.23
100 SNM
224.46
500 SNM
1,122.29
1000 SNM
2,244.59

MNT to SNM

Amount09:40 am today
0.5MNT0.2228  SNM
1MNT0.4455  SNM
5MNT2.23  SNM
10MNT4.46  SNM
50MNT22.28  SNM
100MNT44.55  SNM
500MNT222.76  SNM
1000MNT445.52  SNM

Today vs. 24 hours ago

Amount09:40 am today24 hours ago24h change
0.5 SNM$0.0003303$0.0006108
-45.93%
1 SNM$0.0006606$0.001222
-45.93%
5 SNM$0.003303$0.006108
-45.93%
10 SNM$0.006606$0.01222
-45.93%
50 SNM$0.03303$0.06108
-45.93%
100 SNM$0.06606$0.1222
-45.93%
500 SNM$0.3303$0.6108
-45.93%
1000 SNM$0.6606$1.22
-45.93%

Today vs. 1 month ago

Amount09:40 am today1 month ago1M change
0.5 SNM$0.0003303$0.0005896
-43.99%
1 SNM$0.0006606$0.001179
-43.99%
5 SNM$0.003303$0.005896
-43.99%
10 SNM$0.006606$0.01179
-43.99%
50 SNM$0.03303$0.05896
-43.99%
100 SNM$0.06606$0.1179
-43.99%
500 SNM$0.3303$0.5896
-43.99%
1000 SNM$0.6606$1.18
-43.99%

Today vs. 1 year ago

Amount09:40 am today1 year ago1Y change
0.5 SNM$0.0003303$0.001366
-75.82%
1 SNM$0.0006606$0.002732
-75.82%
5 SNM$0.003303$0.01366
-75.82%
10 SNM$0.006606$0.02732
-75.82%
50 SNM$0.03303$0.1366
-75.82%
100 SNM$0.06606$0.2732
-75.82%
500 SNM$0.3303$1.37
-75.82%
1000 SNM$0.6606$2.73
-75.82%
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SONM (BEP-20) price prediction

What will the price of SNM be in 2026?

Based on SNM's historical price performance prediction model, the price of SNM is projected to reach $0.001427 in 2026.

What will the price of SNM be in 2031?

In 2031, the SNM price is expected to change by +25.00%. By the end of 2031, the SNM price is projected to reach $0.005156, with a cumulative ROI of +321.64%.
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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.