Bitget converter provides SPYX to MNT real-time exchange rates, making it easy to convert SP500 tokenized ETF (xStock) (SPYX) to Mongolian Tugrik (MNT). The conversion result is based on real-time data. The conversion result shows that 1 SPYX is currently valued at 2,116,806.19 MNT. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SPYX is currently valued at 2,116,806.19 MNT, which means buying 5 SPYX would cost 10,584,030.93 MNT. Similarly, ₮1 MNT can be converted to 0.{6}4724 SPYX, and ₮50 MNT can be converted to 0.{5}2362 SPYX, excluding any platform or gas fees.
In the table above, you'll find a comprehensive SPYX to MNT converter that shows the value of SP500 tokenized ETF (xStock) in Mongolian Tugrik across commonly used conversion amounts. The list covers conversions from 1 SPYX to MNT, all the way up to 10000 SPYX, providing a clear view of their respective values.
In the table above, you'll find a comprehensive MNT to SPYX converter that shows the value of Mongolian Tugrik in SP500 tokenized ETF (xStock) across commonly used conversion amounts. The list covers conversions from 1 MNT to SPYX, all the way up to 100000 MNT, providing a clear view of their respective values.
In the past 1D, SP500 tokenized ETF (xStock) has changed -0.06% to MNT. Based on the trend and price charts, SP500 tokenized ETF (xStock)(SPYX) has changed -0.06% to MNT while Mongolian Tugrik(MNT) has changed % to SPYX in the last 24 hours.
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SPYX to MNT conversion data: Volatility and price changes of SP500 tokenized ETF (xStock) in MNT
The highest SP500 tokenized ETF (xStock) price in MNT over the past 7 days was 2,130,639.11 MNT while the lowest SP500 tokenized ETF (xStock) price in MNT over the past 7 days was 2,096,174.01 MNT. The relative change between the highs and lows in SP500 tokenized ETF (xStock) price in MNT over the last 7 days indicates a volatility of %. You can view additional volatility data and SPYX 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
2,119,144.69 MNT
2,130,639.11 MNT
2,227,445.2 MNT
2,227,445.2 MNT
Low
2,110,387.7 MNT
2,096,174.01 MNT
2,096,174.01 MNT
2,096,174.01 MNT
Average
0 MNT
0 MNT
0 MNT
0 MNT
Volatility
%
%
%
%
Change
-0.06%
+0.05%
-0.75%
-2.15%
SP500 tokenized ETF (xStock) information
SPYX to MNT market statistics
SPYX/MNT:
₮2,116,806.19
SPYX 24h volume:
₮19,385,610,104.31
SPYX market cap:
₮12,700,438,044.96
SPYX circulating supply:
6.00K SPYX
Current SPYX to MNT exchange rate
SP500 tokenized ETF (xStock) to Mongolian Tugrik is rising this week.
SP500 tokenized ETF (xStock)'s current market price is ₮2,116,806.19 per SPYX, with a total market cap of ₮12,700,438,044.96 MNT based on a circulating supply of 5,999.8115 SPYX. The trading volume of SP500 tokenized ETF (xStock) has changed by +52.53% (₮6,676,476,465.4 MNT) in the last 24 hours. Last trading day, SPYX's trading volume was ₮12,709,133,638.91.
More info about SP500 tokenized ETF (xStock) on Bitget
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 SP500 tokenized ETF (xStock) currency pair is the SPYX to MNT, with for SP500 tokenized ETF (xStock)'s currency code being SPYX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MNT.
The exchange rate of SP500 tokenized ETF (xStock) is increasing.
The exchange rate of 1 SPYX to Mongolian Tugrik has changed by +0.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.06%, reaching a high of 2,119,144.69 MNT and a low of 2,110,387.7 MNT . One month ago, the value of 1 SPYX was ₮46.87 MNT , which represents a -0.75% change from its current value. Over the last year, SP500 tokenized ETF (xStock) has changed by
+₮
77,959.29MNT
, resulting in a change of -0.37% in its value.
24 hours ago1 month ago1 year ago
Amount
15:09 today
24 hours ago
24h change
0.5 SPYX
₮1,058,403.09
₮1,059,043.28
-0.06%
1 SPYX
₮2,116,806.19
₮2,118,086.55
-0.06%
5 SPYX
₮10,584,030.93
₮10,590,432.77
-0.06%
10 SPYX
₮21,168,061.87
₮21,180,865.53
-0.06%
50 SPYX
₮105,840,309.35
₮105,904,327.67
-0.06%
100 SPYX
₮211,680,618.7
₮211,808,655.34
-0.06%
500 SPYX
₮1,058,403,093.5
₮1,059,043,276.7
-0.06%
1000 SPYX
₮2,116,806,187
₮2,118,086,553.4
-0.06%
SPYX to MNT FAQ
How much is 1 SP500 tokenized ETF (xStock) in MNT?
Right now, the price of 1 SP500 tokenized ETF (xStock) (SPYX) in Mongolian Tugrik (MNT) is ₮2,116,806.19.
How much SPYX can I buy for 1 MNT?
Based on the current exchange rate, you can get 0.{6}4724 SPYX for 1 MNT.
How do I calculate or convert SPYX to MNT?
You can use our SPYX to MNT calculator at the top of this page to convert any amount of SPYX to MNT. We've also included quick-reference tables for the most popular conversions. For example, 5 MNT is equivalent to 0.{5}2362 SPYX, while 5 SPYX will cost around 10,584,030.94MNT.
What is the highest price of SPYX/MNT in history?
The all-time high price of 1 SPYX in MNT is ₮2,227,445.2. It remains to be seen if the value of 1 SPYX/MNT will exceed the current all-time high.
What is the price trend of SP500 tokenized ETF (xStock) in MNT?
Over the past 7 days, the exchange rate of SP500 tokenized ETF (xStock) (SPYX) has gone up by 0.05%.
Over the last month, the exchange rate of SP500 tokenized ETF (xStock) (SPYX) has gone down by 0.75% against Mongolian Tugrik (MNT).
What factors influence the conversion rate of SPYX to MNT?
There are many factors that affect the relationship between SP500 tokenized ETF (xStock) 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 SPYX/MNT. When there is positive news in the market about the widespread adoption of SPYX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SPYX/MNT. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SPYX/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 SPYX/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 SP500 tokenized ETF (xStock) and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular SP500 tokenized ETF (xStock) currency pairs: SPYX to US Dollar (USD), SPYX to Euro (EUR), SPYX to Pound Sterling (GBP), SPYX to Canadian Dollar (CAD), SPYX to Indian Rupee (INR), SPYX to Pakistani Rupee (PKR), SPYX to Brazilian Real (BRL), SPYX to… The price of SP500 tokenized ETF (xStock) in the US is $622.96 USD. Additionally, SP500 tokenized ETF (xStock)’s price is €532.94 EUR in the eurozone, £461.92 GBP in the UK, C$852.02 CAD in Canada, ₹53,571.64 INR in India, ₨177,310.8 PKR in Pakistan, R$3,459.03 BRL in Brazil, and more. The most popular SP500 tokenized ETF (xStock) currency pair is the SPYX to Mongolian Tugrik(MNT). The price of 1 SP500 tokenized ETF (xStock) (SPYX) in Mongolian Tugrik (MNT) is ₮2,116,806.19.
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.