Bitget converter provides BIFI to MNT real-time exchange rates, making it easy to convert Beefy (BIFI) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 BIFI is currently valued at 753,228.57 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BIFI is currently valued at 753,228.57 MNT, which means buying 5 BIFI would cost 3,766,142.85 MNT. Similarly, ₮1 MNT can be converted to 0.{5}1328 BIFI, and ₮50 MNT can be converted to 0.{5}6638 BIFI, excluding any platform or gas fees.
Conversion rates
Convert BIFI to MNT
Convert MNT to BIFI
Beefy
Mongolian Tugrik
1 BIFI
753,228.57 MNT
Exchange 1 BIFI for 753,228.57 MNT
2 BIFI
1,506,457.14 MNT
Exchange 2 BIFI for 1,506,457.14 MNT
5 BIFI
3,766,142.85 MNT
Exchange 5 BIFI for 3,766,142.85 MNT
10 BIFI
7,532,285.71 MNT
Exchange 10 BIFI for 7,532,285.71 MNT
20 BIFI
15,064,571.41 MNT
Exchange 20 BIFI for 15,064,571.41 MNT
50 BIFI
37,661,428.53 MNT
Exchange 50 BIFI for 37,661,428.53 MNT
100 BIFI
75,322,857.06 MNT
Exchange 100 BIFI for 75,322,857.06 MNT
200 BIFI
150,645,714.11 MNT
Exchange 200 BIFI for 150,645,714.11 MNT
500 BIFI
376,614,285.29 MNT
Exchange 500 BIFI for 376,614,285.29 MNT
1000 BIFI
753,228,570.57 MNT
Exchange 1000 BIFI for 753,228,570.57 MNT
5000 BIFI
3,766,142,852.87 MNT
Exchange 5000 BIFI for 3,766,142,852.87 MNT
10000 BIFI
7,532,285,705.75 MNT
Exchange 10000 BIFI for 7,532,285,705.75 MNT
In the table above, you'll find a comprehensive BIFI to MNT converter that shows the value of Beefy in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 BIFI to MNT, all the way up to 10000 BIFI, providing a clear view of their respective values.
Mongolian Tugrik
Beefy
1 MNT
0.{5}1328 BIFI
Exchange 1 MNT for 0.{5}1328 BIFI
10 MNT
0.{4}1328 BIFI
Exchange 10 MNT for 0.{4}1328 BIFI
50 MNT
0.{4}6638 BIFI
Exchange 50 MNT for 0.{4}6638 BIFI
100 MNT
0.0001328 BIFI
Exchange 100 MNT for 0.0001328 BIFI
200 MNT
0.0002655 BIFI
Exchange 200 MNT for 0.0002655 BIFI
500 MNT
0.0006638 BIFI
Exchange 500 MNT for 0.0006638 BIFI
1000 MNT
0.001328 BIFI
Exchange 1000 MNT for 0.001328 BIFI
2000 MNT
0.002655 BIFI
Exchange 2000 MNT for 0.002655 BIFI
5000 MNT
0.006638 BIFI
Exchange 5000 MNT for 0.006638 BIFI
10000 MNT
0.01328 BIFI
Exchange 10000 MNT for 0.01328 BIFI
50000 MNT
0.06638 BIFI
Exchange 50000 MNT for 0.06638 BIFI
100000 MNT
0.1328 BIFI
Exchange 100000 MNT for 0.1328 BIFI
In the table above, you'll find a comprehensive MNT to BIFI converter that shows the value of Mongolian Tugrik in Beefy across commonly used conversion amounts. The list covers conversions from 1 MNT to BIFI, all the way up to 100000 MNT, providing a clear view of their respective values.
In the past 1D, Beefy has changed +0.90% to MNT. Based on the trend and price charts, Beefy(BIFI) has changed +0.90% to MNT while Mongolian Tugrik(MNT) has changed % to BIFI in the last 24 hours.
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BIFI to MNT conversion data: Volatility and price changes of Beefy in MNT
The highest Beefy price in MNT over the past 7 days was 548,409.2 MNT while the lowest Beefy price in MNT over the past 7 days was 463,415.06 MNT. The relative change between the highs and lows in Beefy price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and BIFI 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
525,983.69 MNT
548,409.2 MNT
871,939.44 MNT
871,939.44 MNT
Low
512,338.71 MNT
463,415.06 MNT
463,415.06 MNT
463,415.06 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
+0.90%
-0.69%
-11.77%
-26.84%
Buy
Sell
Buy BIFI (or USDT) for MNT (Mongolian Tugrik) offers
Beefy's current market price is ₮753,228.57 per BIFI, with a total market cap of ₮60,258,287,942.77 MNT based on a circulating supply of 80,000 BIFI. The trading volume of Beefy has changed by -27.02% (₮-9,819,133,007.19 MNT) in the last 24 hours. Last trading day, BIFI's trading volume was ₮36,335,533,913.79.
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 Beefy currency pair is the BIFI to MNT, with for Beefy's currency code being BIFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.
The exchange rate of 1 BIFI to Mongolian Tugrik has changed by -0.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.90%, reaching a high of 525,983.69 MNT and a low of 512,338.71 MNT . One month ago, the value of 1 BIFI was ₮822,896 MNT , which represents a -11.77% change from its current value. Over the last year, Beefy has changed by
-₮
622,293.59MNT
, resulting in a change of -54.36% in its value.
24 hours ago1 month ago1 year ago
Amount
22:36 today
24 hours ago
24h change
0.5 BIFI
₮376,614.29
₮374,271.67
+0.90%
1 BIFI
₮753,228.57
₮748,543.34
+0.90%
5 BIFI
₮3,766,142.85
₮3,742,716.69
+0.90%
10 BIFI
₮7,532,285.71
₮7,485,433.37
+0.90%
50 BIFI
₮37,661,428.53
₮37,427,166.87
+0.90%
100 BIFI
₮75,322,857.06
₮74,854,333.74
+0.90%
500 BIFI
₮376,614,285.29
₮374,271,668.68
+0.90%
1000 BIFI
₮753,228,570.57
₮748,543,337.35
+0.90%
BIFI to MNT FAQ
How much is 1 Beefy in MNT?
Right now, the price of 1 Beefy (BIFI) in Mongolian Tugrik (MNT) is ₮753,228.57.
How much BIFI can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.{5}1328 BIFI for 1 MNT.
How do I calculate or convert BIFI to MNT?
You can use our BIFI to MNT calculator at the top of this page to convert any amount of BIFI to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.{5}6638 BIFI, while 5 BIFI will cost around 3,766,142.85MNT.
What is the highest price of BIFI/MNT in history?
The all-time high price of 1 BIFI in MNT is ₮12,989,772.78. It remains to be seen if the value of 1 BIFI/MNT will exceed the current all-time high.
What is the price trend of Beefy in MNT?
Over the past 7 days, the exchange rate of Beefy (BIFI) has gone down by 0.69%.
Over the last month, the exchange rate of Beefy (BIFI) has gone down by 11.77% against Mongolian Tugrik (MNT).
What factors influence the conversion rate of BIFI to MNT?
There are many factors that affect the relationship between Beefy 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 BIFI/MNT. When there is positive news in the market about the widespread adoption of BIFI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BIFI/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BIFI/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 BIFI/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 Beefy and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Beefy currency pairs: BIFI to US Dollar (USD), BIFI to Euro (EUR), BIFI to Pound Sterling (GBP), BIFI to Canadian Dollar (CAD), BIFI to Indian Rupee (INR), BIFI to Pakistani Rupee (PKR), BIFI to Brazilian Real (BRL), BIFI to… The price of Beefy in the US is $209.93 USD. Additionally, Beefy’s price is €178.48 EUR in the eurozone, £156.17 GBP in the UK, C$287.69 CAD in Canada, ₹18,160 INR in India, ₨59,387.14 PKR in Pakistan, R$1,167.78 BRL in Brazil, and more. The most popular Beefy currency pair is the BIFI to Mongolian Tugrik(MNT). The price of 1 Beefy (BIFI) in Mongolian Tugrik (MNT) is ₮753,228.57.
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.