Bitget converter provides L1X to MNT real-time exchange rates, making it easy to convert Layer One X (L1X) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 L1X is currently valued at 66,920.68 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 L1X is currently valued at 66,920.68 MNT, which means buying 5 L1X would cost 334,603.4 MNT. Similarly, ₮1 MNT can be converted to 0.{4}1494 L1X, and ₮50 MNT can be converted to 0.{4}7472 L1X, excluding any platform or gas fees.
Conversion rates
Convert L1X to MNT
Convert MNT to L1X
Layer One X
Mongolian Tugrik
1 L1X
66,920.68 MNT
Exchange 1 L1X for 66,920.68 MNT
2 L1X
133,841.36 MNT
Exchange 2 L1X for 133,841.36 MNT
5 L1X
334,603.4 MNT
Exchange 5 L1X for 334,603.4 MNT
10 L1X
669,206.8 MNT
Exchange 10 L1X for 669,206.8 MNT
20 L1X
1,338,413.61 MNT
Exchange 20 L1X for 1,338,413.61 MNT
50 L1X
3,346,034.02 MNT
Exchange 50 L1X for 3,346,034.02 MNT
100 L1X
6,692,068.05 MNT
Exchange 100 L1X for 6,692,068.05 MNT
200 L1X
13,384,136.1 MNT
Exchange 200 L1X for 13,384,136.1 MNT
500 L1X
33,460,340.25 MNT
Exchange 500 L1X for 33,460,340.25 MNT
1000 L1X
66,920,680.49 MNT
Exchange 1000 L1X for 66,920,680.49 MNT
5000 L1X
334,603,402.47 MNT
Exchange 5000 L1X for 334,603,402.47 MNT
10000 L1X
669,206,804.93 MNT
Exchange 10000 L1X for 669,206,804.93 MNT
In the table above, you'll find a comprehensive L1X to MNT converter that shows the value of Layer One X in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 L1X to MNT, all the way up to 10000 L1X, providing a clear view of their respective values.
Mongolian Tugrik
Layer One X
1 MNT
0.{4}1494 L1X
Exchange 1 MNT for 0.{4}1494 L1X
10 MNT
0.0001494 L1X
Exchange 10 MNT for 0.0001494 L1X
50 MNT
0.0007472 L1X
Exchange 50 MNT for 0.0007472 L1X
100 MNT
0.001494 L1X
Exchange 100 MNT for 0.001494 L1X
200 MNT
0.002989 L1X
Exchange 200 MNT for 0.002989 L1X
500 MNT
0.007472 L1X
Exchange 500 MNT for 0.007472 L1X
1000 MNT
0.01494 L1X
Exchange 1000 MNT for 0.01494 L1X
2000 MNT
0.02989 L1X
Exchange 2000 MNT for 0.02989 L1X
5000 MNT
0.07472 L1X
Exchange 5000 MNT for 0.07472 L1X
10000 MNT
0.1494 L1X
Exchange 10000 MNT for 0.1494 L1X
50000 MNT
0.7472 L1X
Exchange 50000 MNT for 0.7472 L1X
100000 MNT
1.49 L1X
Exchange 100000 MNT for 1.49 L1X
In the table above, you'll find a comprehensive MNT to L1X converter that shows the value of Mongolian Tugrik in Layer One X across commonly used conversion amounts. The list covers conversions from 1 MNT to L1X, all the way up to 100000 MNT, providing a clear view of their respective values.
In the past 1D, Layer One X has changed -1.38% to MNT. Based on the trend and price charts, Layer One X(L1X) has changed -1.38% to MNT while Mongolian Tugrik(MNT) has changed % to L1X in the last 24 hours.
1D7D1M3M1YAll
L1X to MNT conversion data: Volatility and price changes of Layer One X in MNT
The highest Layer One X price in MNT over the past 7 days was 71,739.82 MNT while the lowest Layer One X price in MNT over the past 7 days was 66,554.6 MNT. The relative change between the highs and lows in Layer One X price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and L1X to MNT prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
68,161.27 MNT
71,739.82 MNT
94,706.69 MNT
126,428.48 MNT
Low
66,554.6 MNT
66,554.6 MNT
59,259.81 MNT
48,593.16 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-1.38%
-6.57%
-11.94%
+39.62%
Buy
Sell
Buy L1X (or USDT) for MNT (Mongolian Tugrik) offers
Layer One X to Mongolian Tugrik is falling this week.
Layer One X's current market price is ₮66,920.68 per L1X, with a total market cap of ₮0 MNT based on a circulating supply of -- L1X. The trading volume of Layer One X has changed by -0.03% (₮-269,668.89 MNT) in the last 24 hours. Last trading day, L1X's trading volume was ₮884,160,284.9.
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 Layer One X currency pair is the L1X to MNT, with for Layer One X's currency code being L1X. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.
The exchange rate of 1 L1X to Mongolian Tugrik has changed by -6.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.38%, reaching a high of 68,161.27 MNT and a low of 66,554.6 MNT . One month ago, the value of 1 L1X was ₮75,998.89 MNT , which represents a -11.94% change from its current value. Over the last year, Layer One X has changed by
+₮
31,008.32MNT
, resulting in a change of -10.43% in its value.
24 hours ago1 month ago1 year ago
Amount
14:40 today
24 hours ago
24h change
0.5 L1X
₮33,460.34
₮33,927.17
-1.38%
1 L1X
₮66,920.68
₮67,854.33
-1.38%
5 L1X
₮334,603.4
₮339,271.65
-1.38%
10 L1X
₮669,206.8
₮678,543.3
-1.38%
50 L1X
₮3,346,034.02
₮3,392,716.51
-1.38%
100 L1X
₮6,692,068.05
₮6,785,433.02
-1.38%
500 L1X
₮33,460,340.25
₮33,927,165.08
-1.38%
1000 L1X
₮66,920,680.49
₮67,854,330.15
-1.38%
L1X to MNT FAQ
How much is 1 Layer One X in MNT?
Right now, the price of 1 Layer One X (L1X) in Mongolian Tugrik (MNT) is ₮66,920.68.
How much L1X can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.{4}1494 L1X for 1 MNT.
How do I calculate or convert L1X to MNT?
You can use our L1X to MNT calculator at the top of this page to convert any amount of L1X to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.{4}7472 L1X, while 5 L1X will cost around 334,603.4MNT.
What is the highest price of L1X/MNT in history?
The all-time high price of 1 L1X in MNT is ₮685,852.83. It remains to be seen if the value of 1 L1X/MNT will exceed the current all-time high.
What is the price trend of Layer One X in MNT?
Over the past 7 days, the exchange rate of Layer One X (L1X) has gone down by 6.57%.
Over the last month, the exchange rate of Layer One X (L1X) has gone down by 11.94% against Mongolian Tugrik (MNT).
What factors influence the conversion rate of L1X to MNT?
There are many factors that affect the relationship between Layer One X 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 L1X/MNT. When there is positive news in the market about the widespread adoption of L1X or major technological breakthroughs, it tends to trigger market optimism and drive the rise of L1X/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in L1X/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 L1X/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 Layer One X and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Layer One X currency pairs: L1X to US Dollar (USD), L1X to Euro (EUR), L1X to Pound Sterling (GBP), L1X to Canadian Dollar (CAD), L1X to Indian Rupee (INR), L1X to Pakistani Rupee (PKR), L1X to Brazilian Real (BRL), L1X to… The price of Layer One X in the US is $18.63 USD. Additionally, Layer One X’s price is €16.03 EUR in the eurozone, £13.99 GBP in the UK, C$25.61 CAD in Canada, ₹1,633.31 INR in India, ₨5,288.9 PKR in Pakistan, R$102.28 BRL in Brazil, and more. The most popular Layer One X currency pair is the L1X to Mongolian Tugrik(MNT). The price of 1 Layer One X (L1X) in Mongolian Tugrik (MNT) is ₮66,920.68.
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.