Bitget converter provides GFARM2 to MNT real-time exchange rates, making it easy to convert Gains Farm (GFARM2) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 GFARM2 is currently valued at 8,366,410.17 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GFARM2 is currently valued at 8,366,410.17 MNT, which means buying 5 GFARM2 would cost 41,832,050.83 MNT. Similarly, ₮1 MNT can be converted to 0.{6}1195 GFARM2, and ₮50 MNT can be converted to 0.{6}5976 GFARM2, excluding any platform or gas fees.
In the table above, you'll find a comprehensive GFARM2 to MNT converter that shows the value of Gains Farm in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 GFARM2 to MNT, all the way up to 10000 GFARM2, providing a clear view of their respective values.
In the table above, you'll find a comprehensive MNT to GFARM2 converter that shows the value of Mongolian Tugrik in Gains Farm across commonly used conversion amounts. The list covers conversions from 1 MNT to GFARM2, all the way up to 100000 MNT, providing a clear view of their respective values.
In the past 1D, Gains Farm has changed -3.50% to MNT. Based on the trend and price charts, Gains Farm(GFARM2) has changed -3.50% to MNT while Mongolian Tugrik(MNT) has changed % to GFARM2 in the last 24 hours.
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GFARM2 to MNT conversion data: Volatility and price changes of Gains Farm in MNT
The highest Gains Farm price in MNT over the past 7 days was 9,208,133.84 MNT while the lowest Gains Farm price in MNT over the past 7 days was 8,366,410.17 MNT. The relative change between the highs and lows in Gains Farm price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and GFARM2 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
8,696,585.33 MNT
9,208,133.84 MNT
9,641,636.75 MNT
9,641,636.75 MNT
Low
8,366,410.17 MNT
8,366,410.17 MNT
8,366,410.17 MNT
5,294,528.12 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-3.50%
-5.69%
-8.51%
+17.97%
Gains Farm information
GFARM2 to MNT market statistics
GFARM2/MNT:
₮8,366,410.17
GFARM2 24h volume:
₮1,327,928.95
GFARM2 market cap:
--
GFARM2 circulating supply:
0 GFARM2
Current GFARM2 to MNT exchange rate
Gains Farm to Mongolian Tugrik is falling this week.
Gains Farm's current market price is ₮8,366,410.17 per GFARM2, with a total market cap of ₮0 MNT based on a circulating supply of -- GFARM2. The trading volume of Gains Farm has changed by 0.00% (₮0 MNT) in the last 24 hours. Last trading day, GFARM2's trading volume was ₮1,327,928.95.
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 Gains Farm currency pair is the GFARM2 to MNT, with for Gains Farm's currency code being GFARM2. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.
The exchange rate of 1 GFARM2 to Mongolian Tugrik has changed by -5.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.50%, reaching a high of 8,696,585.33 MNT and a low of 8,366,410.17 MNT . One month ago, the value of 1 GFARM2 was ₮9,144,583.77 MNT , which represents a -8.51% change from its current value. Over the last year, Gains Farm has changed by
-₮
4,473,376.95MNT
, resulting in a change of -34.84% in its value.
24 hours ago1 month ago1 year ago
Amount
22:23 today
24 hours ago
24h change
0.5 GFARM2
₮4,183,205.08
₮4,335,067.31
-3.50%
1 GFARM2
₮8,366,410.17
₮8,670,134.62
-3.50%
5 GFARM2
₮41,832,050.83
₮43,350,673.1
-3.50%
10 GFARM2
₮83,664,101.66
₮86,701,346.19
-3.50%
50 GFARM2
₮418,320,508.28
₮433,506,730.95
-3.50%
100 GFARM2
₮836,641,016.56
₮867,013,461.9
-3.50%
500 GFARM2
₮4,183,205,082.8
₮4,335,067,309.5
-3.50%
1000 GFARM2
₮8,366,410,165.6
₮8,670,134,619
-3.50%
GFARM2 to MNT FAQ
How much is 1 Gains Farm in MNT?
Right now, the price of 1 Gains Farm (GFARM2) in Mongolian Tugrik (MNT) is ₮8,366,410.17.
How much GFARM2 can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.{6}1195 GFARM2 for 1 MNT.
How do I calculate or convert GFARM2 to MNT?
You can use our GFARM2 to MNT calculator at the top of this page to convert any amount of GFARM2 to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.{6}5976 GFARM2, while 5 GFARM2 will cost around 41,832,050.83MNT.
What is the highest price of GFARM2/MNT in history?
The all-time high price of 1 GFARM2 in MNT is ₮38,973,993.03. It remains to be seen if the value of 1 GFARM2/MNT will exceed the current all-time high.
What is the price trend of Gains Farm in MNT?
Over the past 7 days, the exchange rate of Gains Farm (GFARM2) has gone down by 5.69%.
Over the last month, the exchange rate of Gains Farm (GFARM2) has gone down by 8.51% against Mongolian Tugrik (MNT).
What factors influence the conversion rate of GFARM2 to MNT?
There are many factors that affect the relationship between Gains Farm 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 GFARM2/MNT. When there is positive news in the market about the widespread adoption of GFARM2 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GFARM2/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GFARM2/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 GFARM2/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 Gains Farm and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Gains Farm currency pairs: GFARM2 to US Dollar (USD), GFARM2 to Euro (EUR), GFARM2 to Pound Sterling (GBP), GFARM2 to Canadian Dollar (CAD), GFARM2 to Indian Rupee (INR), GFARM2 to Pakistani Rupee (PKR), GFARM2 to Brazilian Real (BRL), GFARM2 to… The price of Gains Farm in the US is $2,462.16 USD. Additionally, Gains Farm’s price is €2,136.41 EUR in the eurozone, £1,829.63 GBP in the UK, C$3,381.03 CAD in Canada, ₹213,226.75 INR in India, ₨699,027.11 PKR in Pakistan, R$13,573.38 BRL in Brazil, and more. The most popular Gains Farm currency pair is the GFARM2 to Mongolian Tugrik(MNT). The price of 1 Gains Farm (GFARM2) in Mongolian Tugrik (MNT) is ₮8,366,410.17.
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.