Convert MNT to NGN — live rate

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

MNT
NGN
1 MNT = 0.3837 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 → 19.19 NGN
100 MNT → 38.37 NGN
500 MNT → 191.86 NGN
1,000 MNT → 383.72 NGN
5,000 MNT → 1,918.58 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.