Mongolian Currency to USD Conversion Tools and Rates

To convert Mongolian currency to USD, you'll need to know the current exchange rate, which can be found using online tools such as XE or Oanda.

These tools provide up-to-date exchange rates, allowing you to calculate the equivalent value of the Mongolian currency, the Tögrög, in US dollars.

The exchange rate can fluctuate frequently, so it's essential to check the current rate before making a conversion.

For example, as of the latest data, 1 USD is equivalent to approximately 2,800 Tögrög.

The exchange rate between Mongolian Tugrik (MNT) and US Dollar (USD) is a crucial piece of information for anyone traveling or doing business in Mongolia.

As of April 2nd, 2025, 1 Mongolian Tugrik is equivalent to 0.0003 US Dollars. This rate has been consistent over the past few weeks, with no significant changes in value.

The exchange rate has remained steady at 1 MNT = 0.0003 USD since January 22nd, 2025, and has been consistent across all days listed in the exchange rate history.

Here is a breakdown of the exchange rate history for converting Mongolian Tugrik to US Dollars:

The consistency of the exchange rate makes it easier to plan and budget for trips to Mongolia.

OANDA's Currency Converter is a powerful tool that allows you to check the latest foreign exchange average bid/ask rates and convert all major world currencies. It's free to use and can be accessed online.

You can use OANDA's Currency Converter to convert world currencies, precious metals, or even obsolete currencies. The converter also provides access to currency exchange rates dating back to January 1990, which can be useful for historical research or reference.

To convert Mongolian tugriks to US dollars, you'll need to follow a few simple steps. Simply type in the box how much you want to convert, select MNT as the currency you want to convert from and USD as the currency you want to convert to, and click on the dropdown to confirm.

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Here are the steps to convert Mongolian tugriks to US dollars in more detail:

The current exchange rate for Mongolian tugriks to US dollars is 1 MNT = 0.0003 USD. This rate is updated in real-time and can be found on the OANDA website.

The Mongolian tugrik, or MNT, is the country's sole legal currency. It's represented by the symbol ₮ and can be found in various denominations, including ₮1 to ₮20,000.

You can exchange your US dollars for MNT at major banks in Mongolia, which can also provide cash advances when needed. They'll exchange your money without any hassle.

The most commonly used coins are ₮20, ₮50, ₮100, ₮200, and ₮500, while bills under ₮10 are no longer printed.

Differences in inflation rates between economies can have a significant impact on exchange rates. A currency of an economy with low inflation rates tends to appreciate in value as its purchasing power increases.

Here's an interesting read: How Are Spot Exchange Rates Determined

Differences in interest rates between economies can also affect the demand for a currency and drive exchange rates up or down. In general, a currency with higher interest rates will attract more investors, causing its value to rise.

Trade deficits can lead to a depreciation of a currency, as the economy requires more foreign currency to meet its trade obligations. This can be a major concern for economies with significant trade deficits.

Politics can also play a role in exchange rates, with stable economies generally being more attractive to foreign investors. Perceived instability can cause a loss of confidence in a currency and lead to a decline in its value.

Economic performance is another key factor, with strong economies typically seeing an influx of capital and an increase in the buying power of their currency.

Here are some of the main factors that influence exchange rates:

The Mongolian Tugrik (MNT) is the country's sole legal currency, abbreviated as MNT and represented by the symbol ₮. It's also known as the tögrög and the tughrik.

You can find the MNT in various denominations, including ₮1, ₮3, ₮5, ₮10, ₮20, ₮50, ₮100, ₮500, ₮1,000, ₮5,000, ₮10,000, and ₮20,000. Bills under ₮10 are no longer printed.

The most commonly used coins are ₮20, ₮50, ₮100, ₮200, and ₮500. The Bank of Mongolia maintains the currency and is responsible for overseeing its stability.

The first banknotes went into circulation in December 1925, and the tugrik completely replaced the Mongolian dollar three years later. The MNT isn't pegged to any currency, and no other currency is pegged to it.

The most common exchange currency for the MNT is the U.S. dollar (USD). As of June 11, 2021, the exchange rate was one MNT to $0.000350195. A single USD purchased about ₮2,856.

Here are the most common exchange rates for the MNT:

Travelers are only allowed to import and export a maximum of ₮815 into and out of the country.