Bitget converter provides LYK to MNT real-time exchange rates, making it easy to convert LayerK (LYK) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 LYK is currently valued at 1,780.64 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LYK is currently valued at 1,780.64 MNT, which means buying 5 LYK would cost 8,903.22 MNT. Similarly, ₮1 MNT can be converted to 0.0005616 LYK, and ₮50 MNT can be converted to 0.002808 LYK, excluding any platform or gas fees.
Conversion rates
Convert LYK to MNT
Convert MNT to LYK
LayerK
Mongolian Tugrik
1 LYK
1,780.64 MNT
Exchange 1 LYK for 1,780.64 MNT
2 LYK
3,561.29 MNT
Exchange 2 LYK for 3,561.29 MNT
5 LYK
8,903.22 MNT
Exchange 5 LYK for 8,903.22 MNT
10 LYK
17,806.43 MNT
Exchange 10 LYK for 17,806.43 MNT
20 LYK
35,612.87 MNT
Exchange 20 LYK for 35,612.87 MNT
50 LYK
89,032.17 MNT
Exchange 50 LYK for 89,032.17 MNT
100 LYK
178,064.34 MNT
Exchange 100 LYK for 178,064.34 MNT
200 LYK
356,128.67 MNT
Exchange 200 LYK for 356,128.67 MNT
500 LYK
890,321.68 MNT
Exchange 500 LYK for 890,321.68 MNT
1000 LYK
1,780,643.36 MNT
Exchange 1000 LYK for 1,780,643.36 MNT
5000 LYK
8,903,216.82 MNT
Exchange 5000 LYK for 8,903,216.82 MNT
10000 LYK
17,806,433.64 MNT
Exchange 10000 LYK for 17,806,433.64 MNT
In the table above, you'll find a comprehensive LYK to MNT converter that shows the value of LayerK in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 LYK to MNT, all the way up to 10000 LYK, providing a clear view of their respective values.
Mongolian Tugrik
LayerK
1 MNT
0.0005616 LYK
Exchange 1 MNT for 0.0005616 LYK
10 MNT
0.005616 LYK
Exchange 10 MNT for 0.005616 LYK
50 MNT
0.02808 LYK
Exchange 50 MNT for 0.02808 LYK
100 MNT
0.05616 LYK
Exchange 100 MNT for 0.05616 LYK
200 MNT
0.1123 LYK
Exchange 200 MNT for 0.1123 LYK
500 MNT
0.2808 LYK
Exchange 500 MNT for 0.2808 LYK
1000 MNT
0.5616 LYK
Exchange 1000 MNT for 0.5616 LYK
2000 MNT
1.12 LYK
Exchange 2000 MNT for 1.12 LYK
5000 MNT
2.81 LYK
Exchange 5000 MNT for 2.81 LYK
10000 MNT
5.62 LYK
Exchange 10000 MNT for 5.62 LYK
50000 MNT
28.08 LYK
Exchange 50000 MNT for 28.08 LYK
100000 MNT
56.16 LYK
Exchange 100000 MNT for 56.16 LYK
In the table above, you'll find a comprehensive MNT to LYK converter that shows the value of Mongolian Tugrik in LayerK across commonly used conversion amounts. The list covers conversions from 1 MNT to LYK, all the way up to 100000 MNT, providing a clear view of their respective values.
In the past 1D, LayerK has changed -2.24% to MNT. Based on the trend and price charts, LayerK(LYK) has changed -2.24% to MNT while Mongolian Tugrik(MNT) has changed % to LYK in the last 24 hours.
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LYK to MNT conversion data: Volatility and price changes of LayerK in MNT
The highest LayerK price in MNT over the past 7 days was 1,924.14 MNT while the lowest LayerK price in MNT over the past 7 days was 1,778.1 MNT. The relative change between the highs and lows in LayerK price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and LYK 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
1,827.75 MNT
1,924.14 MNT
2,354.81 MNT
2,590.9 MNT
Low
1,778.1 MNT
1,778.1 MNT
1,778.1 MNT
1,778.1 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-2.24%
-7.37%
-24.33%
-30.77%
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Buy LYK (or USDT) for MNT (Mongolian Tugrik) offers
LayerK's current market price is ₮1,780.64 per LYK, with a total market cap of ₮0 MNT based on a circulating supply of -- LYK. The trading volume of LayerK has changed by +7.58% (₮262,967,756.52 MNT) in the last 24 hours. Last trading day, LYK's trading volume was ₮3,468,087,787.96.
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 LayerK currency pair is the LYK to MNT, with for LayerK's currency code being LYK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.
The exchange rate of 1 LYK to Mongolian Tugrik has changed by -7.37% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.24%, reaching a high of 1,827.75 MNT and a low of 1,778.1 MNT . One month ago, the value of 1 LYK was ₮2,353.35 MNT , which represents a -24.33% change from its current value. Over the last year, LayerK has changed by
-₮
6,164.41MNT
, resulting in a change of -77.58% in its value.
24 hours ago1 month ago1 year ago
Amount
00:05 am today
24 hours ago
24h change
0.5 LYK
₮890.32
₮910.72
-2.24%
1 LYK
₮1,780.64
₮1,821.44
-2.24%
5 LYK
₮8,903.22
₮9,107.21
-2.24%
10 LYK
₮17,806.43
₮18,214.43
-2.24%
50 LYK
₮89,032.17
₮91,072.14
-2.24%
100 LYK
₮178,064.34
₮182,144.28
-2.24%
500 LYK
₮890,321.68
₮910,721.39
-2.24%
1000 LYK
₮1,780,643.36
₮1,821,442.78
-2.24%
LYK to MNT FAQ
How much is 1 LayerK in MNT?
Right now, the price of 1 LayerK (LYK) in Mongolian Tugrik (MNT) is ₮1,780.64.
How much LYK can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.0005616 LYK for 1 MNT.
How do I calculate or convert LYK to MNT?
You can use our LYK to MNT calculator at the top of this page to convert any amount of LYK to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.002808 LYK, while 5 LYK will cost around 8,903.22MNT.
What is the highest price of LYK/MNT in history?
The all-time high price of 1 LYK in MNT is ₮4,519.52. It remains to be seen if the value of 1 LYK/MNT will exceed the current all-time high.
What is the price trend of LayerK in MNT?
Over the past 7 days, the exchange rate of LayerK (LYK) has gone down by 7.37%.
Over the last month, the exchange rate of LayerK (LYK) has gone down by 24.33% against Mongolian Tugrik (MNT).
What factors influence the conversion rate of LYK to MNT?
There are many factors that affect the relationship between LayerK 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 LYK/MNT. When there is positive news in the market about the widespread adoption of LYK or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LYK/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LYK/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 LYK/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 LayerK and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular LayerK currency pairs: LYK to US Dollar (USD), LYK to Euro (EUR), LYK to Pound Sterling (GBP), LYK to Canadian Dollar (CAD), LYK to Indian Rupee (INR), LYK to Pakistani Rupee (PKR), LYK to Brazilian Real (BRL), LYK to… The price of LayerK in the US is $0.4956 USD. Additionally, LayerK’s price is €0.4254 EUR in the eurozone, £0.3663 GBP in the UK, C$0.6848 CAD in Canada, ₹43.46 INR in India, ₨140.36 PKR in Pakistan, R$2.68 BRL in Brazil, and more. The most popular LayerK currency pair is the LYK to Mongolian Tugrik(MNT). The price of 1 LayerK (LYK) in Mongolian Tugrik (MNT) is ₮1,780.64.
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.