Convert MNT to NGN — live rate

Convert Mongolian Tugriks to Nigerian Nairas and compare the real cost of sending money.

MNT
NGN
1 MNT = 0.3844 NGN Mid-market rate
Updated just now
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Historical MNT/NGN exchange rate

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Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MNT to NGN

1 MNT 0.38 NGN
5 MNT 1.92 NGN
10 MNT 3.84 NGN
50 MNT 19.22 NGN
100 MNT 38.44 NGN
500 MNT 192.19 NGN
1,000 MNT 384.38 NGN
5,000 MNT 1,921.89 NGN

Real cost of MNT → NGN

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MNT
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

MNT — Mongolian Tugrik
ISO Code MNT
Symbol
Central Bank Bank of Mongolia
Common Notes ₮10, ₮20, ₮100, ₮500, ₮1000, ₮5000, ₮10000, ₮20000
Learn more about MNT
NGN — Nigerian Naira
ISO Code NGN
Symbol
Central Bank Central Bank of Nigeria
Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000
Learn more about NGN

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.