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MNT to USD - Mongolian Tugrik to US Dollar Converter

Convert Mongolian Tugrik to US Dollar with daily ECB exchange rates

1 MNT = ~0.000280 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

This pair is volatile. Do not rely on mental math—check live rates before any move.

Rates can move several percent within days. Use online converters and rate alerts for accuracy.

⚠️ Always verify before transactions📊 Monitor policy announcements🔔 Set rate alerts

Common MNT - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Closed
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Active

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Policy actions by the Bank of Mongolia, inflation differences with the United States, shifts in commodity prices, and global risk sentiment all steer the pair. Trade flows and capital movements further shape daily moves.

Economic Context

Trading Relationship

The Mongolian economy relies on mineral exports and imports from abroad. The MNT/USD pair affects cross-border payments, project financing, and consumer costs, shaping how households and firms plan budgets around commodity cycles.

Key Rate Factors

  • •Bank of Mongolia policy actions and exchange-rate guidance
  • •Inflation trends in Mongolia versus the United States
  • •Commodity price movements for copper and coal
  • •Trade relations with China, Russia, and international buyers
  • •Global risk sentiment and USD demand in capital markets

Central Banks

Bank of Mongolia
Ulaanbaatar, Mongolia
Sets monetary policy, oversees banks, and aims for price stability within Mongolia.
Federal Reserve System
Washington, D.C., United States
Maintains price stability and supports employment through policy and financial system oversight.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates