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base info Synesis One

Synesis One to Mongolian Tugrik Converter and calculator

Convert 1Synesis One (SNS) to Mongolian Tugrik (MNT) equals ₮ 58.73 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Synesis One(SNS) to Mongolian Tugrik(MNT). This is the real-time data. The current conversion shows 1 SNS at a value of 1 SNS for 58.73 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 Synesis One currency pair is the SNS to MNT, with for Synesis One's currency code being SNS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.

SNS to MNT conversion rate trend

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In the past 1D, Synesis One has changed -10.82% to MNT. Based on the trend and price charts, Synesis One(SNS) has changed -10.82% to MNT while Mongolian Tugrik(MNT) has changed % to SNS in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₮60.46
0.0200% / 0.0320%vip-iconVIP 7
Huobi
₮59.75
0.1000% / 0.1000%
Yes
Last updated 2024/11/24 16:00:10(UTC+0)

How to buy Synesis One

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Synesis One (SNS)
Use a variety of payment options to buy Synesis One on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of SNS to MNT. However, you can first exchange SNS 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
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What factors influence the conversion rate of Synesis One to Mongolian Tugrik?

Synesis One to Mongolian Tugrik is falling this week.
Synesis One's current market price is ₮ 58.73 per SNS, with a total market cap of ₮ 26,796,694,314.66 MNT based on a circulating supply of 456,252,770 SNS. The trading volume of Synesis One has changed by +1.98% (₮ 119,146,587.98 MNT) in the last 24 hours. Last trading day, SNS's trading volume was ₮ 6,015,074,110.7.
Market cap
$7.89M
24h volume
$1.81M
Circulating supply
456.25M SNS

Conversion tables

The exchange rate of Synesis One is decreasing.
1 SNS is currently valued at ₮ 58.73 MNT , which means buying 5 SNS will cost ₮ 293.66 MNT . Similarly, ₮1 MNT can be traded for 0.01703 SNS, and ₮50 MNT can be converted to 0.8513 SNS, excluding any platform or gas fees.
The exchange rate of 1 SNS to Mongolian Tugrik has changed by -29.88% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.82%, reaching a high of 67.04 MNT and a low of 57.56 MNT . One month ago, the value of 1 SNS was ₮ 99.47 MNT , which represents a -40.95% change from its current value. Over the last year, Synesis One has changed by
+
29.96MNT
, resulting in a change of +104.05% in its value.

SNS to MNT

Amount
22:05 today
0.5 SNS
29.37
1 SNS
58.73
5 SNS
293.66
10 SNS
587.32
50 SNS
2,936.61
100 SNS
5,873.21
500 SNS
29,366.06
1000 SNS
58,732.13

MNT to SNS

Amount22:05 today
0.5MNT0.008513  SNS
1MNT0.01703  SNS
5MNT0.08513  SNS
10MNT0.1703  SNS
50MNT0.8513  SNS
100MNT1.7  SNS
500MNT8.51  SNS
1000MNT17.03  SNS

Today vs. 24 hours ago

Amount22:05 today24 hours ago24h change
0.5 SNS$0.008642$0.009691
-10.82%
1 SNS$0.01728$0.01938
-10.82%
5 SNS$0.08642$0.09691
-10.82%
10 SNS$0.1728$0.1938
-10.82%
50 SNS$0.8642$0.9691
-10.82%
100 SNS$1.73$1.94
-10.82%
500 SNS$8.64$9.69
-10.82%
1000 SNS$17.28$19.38
-10.82%

Today vs. 1 month ago

Amount22:05 today1 month ago1M change
0.5 SNS$0.008642$0.01464
-40.95%
1 SNS$0.01728$0.02927
-40.95%
5 SNS$0.08642$0.1464
-40.95%
10 SNS$0.1728$0.2927
-40.95%
50 SNS$0.8642$1.46
-40.95%
100 SNS$1.73$2.93
-40.95%
500 SNS$8.64$14.64
-40.95%
1000 SNS$17.28$29.27
-40.95%

Today vs. 1 year ago

Amount22:05 today1 year ago1Y change
0.5 SNS$0.008642$0.004234
+104.05%
1 SNS$0.01728$0.008468
+104.05%
5 SNS$0.08642$0.04234
+104.05%
10 SNS$0.1728$0.08468
+104.05%
50 SNS$0.8642$0.4234
+104.05%
100 SNS$1.73$0.8468
+104.05%
500 SNS$8.64$4.23
+104.05%
1000 SNS$17.28$8.47
+104.05%

Synesis One price prediction

What will the price of SNS be in 2025?

Based on SNS's historical price performance prediction model, the price of SNS is projected to reach $0.02796 in 2025.

What will the price of SNS be in 2030?

In 2030, the SNS price is expected to change by -2.00%. By the end of 2030, the SNS price is projected to reach $0.03580, with a cumulative ROI of +72.29%.

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FAQ

What is a cryptocurrency calculator?

A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.

How does a cryptocurrency calculator work?

A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Synesis One and MNT.

How accurate is a cryptocurrency calculator?

Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Synesis One and MNT. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.

Can I trust the results of a cryptocurrency calculator?

While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.

Can I use a cryptocurrency calculator for tax purposes?

Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.

Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?

If you want to know the value of Synesis One in MNT, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.