Convert Gram Gold GRAMG to Mongolian Tögrög MNT
GRAMG to MNT: 1 Gram Gold converts to MNT 462,678.83 MNT as of October 23 at 6:07 PM
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About Gram Gold
Gram Gold is falling this week. The current price of Gram Gold is MNT 462,678.83 per GRAMG. With a circulating supply of 0 GRAMG, it means that Gram Gold has a total market cap of MNT 0.00. The amount of Gram Gold traded has fallen by -MNT 1,569,413.38 in the last 24 hours, which is a 6.90% decrease. Additionally, in the last day, MNT 22,760,213.98 worth of GRAMG has been traded.
The exchange rate of Gram Gold is decreasing. The current value of 1 GRAMG is MNT 462,678.83 MNT. In other words, to buy 5 Gram Gold, it would cost you MNT 2,313,394.14 MNT. Inversely, MNT 1.00 MNT would allow you to trade for 0.000002161 GRAMG while MNT 50.00 MNT would convert to 0.0001081 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 4.12%. Meanwhile, in the last 24 hours, the rate has changed by 1.57%, and that the highest exchange rate of 1 GRAMG to MNT was MNT 470,465.21 MNT and the lowest 24 hour value was 1 GRAMG for MNT 461,284.58 MNT. Last month, 1 GRAMG was worth MNT 497,049.05 MNT. Today, it's down 6.93%. Looking back a year, Gram Gold has changed by MNT 476,939.83 MNT. That means that in a single year, the value of Gram Gold has shrank by 2.85%.
Gram Gold Market Stats
Launched in November 2022, Gram Gold Token (GRAMG) is an asset-backed token redeemable 1:1 for 1 gram of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and indexed to the price of gold. For every GRAMG created, an equivalent amount of gold is held as collateral in the respective blockchain wallet. GRAMG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of any geographical boundaries. Unlike gold transaction limits in the market, there is no minimum transaction limit for GRAMG transactions. GRAMG transactions are executed instantly and any amount of GRAMG tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As demand for GRAMG tokens increases, Token Teknoloji Anonim Şirketi shall add the corresponding amount of gold, indexed to the price of gold, to its reserves for every 1 GRAMG token at the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between gram gold and GRAMG is preserved while maintaining market supply and demand equilibrium. And a coin burn function is integrated within the blockchain's smart contract to remove a predetermined quantity of GRAMG tokens from circulation when necessary, ensuring a balance between GRAMG and gram gold. Thanks to this mint-and-burn mechanism, the price of GRAMG is always in equilibrium with that of the physical gram of gold.
Conversion tables
GRAMG to MNT values from Today at 6:07 pm
0.5 GRAMG = MNT 231,339.41 MNT |
1 GRAMG = MNT 462,678.83 MNT |
5 GRAMG = MNT 2,313,394.14 MNT |
10 GRAMG = MNT 4,626,788.27 MNT |
50 GRAMG = MNT 23,133,941.36 MNT |
100 GRAMG = MNT 46,267,882.72 MNT |
500 GRAMG = MNT 231,339,413.61 MNT |
1,000 GRAMG = MNT 462,678,827.21 MNT |
MNT to GRAMG values from Today at 6:08 pm
MNT 0.50 MNT = 0.000001081 GRAMG |
MNT 1.00 MNT = 0.000002161 GRAMG |
MNT 5.00 MNT = 0.00001081 GRAMG |
MNT 10.00 MNT = 0.00002161 GRAMG |
MNT 50.00 MNT = 0.0001081 GRAMG |
MNT 100.00 MNT = 0.0002161 GRAMG |
MNT 500.00 MNT = 0.001081 GRAMG |
MNT 1,000.00 MNT = 0.002161 GRAMG |
GRAMG to MNT over time
GRAMG | Today | 24H 99.99% | 1M 99.99% | 1Y 99.99% |
|---|---|---|---|---|
0.5 GRAMG | MNT 231,339.41 MNT | MNT 235,232.61 MNT | MNT 248,524.53 MNT | MNT 238,469.91 MNT |
1 GRAMG | MNT 462,678.83 MNT | MNT 470,465.21 MNT | MNT 497,049.05 MNT | MNT 476,939.83 MNT |
5 GRAMG | MNT 2,313,394.14 MNT | MNT 2,352,326.07 MNT | MNT 2,485,245.27 MNT | MNT 2,384,699.13 MNT |
10 GRAMG | MNT 4,626,788.27 MNT | MNT 4,704,652.14 MNT | MNT 4,970,490.55 MNT | MNT 4,769,398.26 MNT |
50 GRAMG | MNT 23,133,941.36 MNT | MNT 23,523,260.71 MNT | MNT 24,852,452.73 MNT | MNT 23,846,991.31 MNT |
100 GRAMG | MNT 46,267,882.72 MNT | MNT 47,046,521.43 MNT | MNT 49,704,905.46 MNT | MNT 47,693,982.62 MNT |
500 GRAMG | MNT 231,339,413.61 MNT | MNT 235,232,607.14 MNT | MNT 248,524,527.31 MNT | MNT 238,469,913.10 MNT |
1,000 GRAMG | MNT 462,678,827.21 MNT | MNT 470,465,214.27 MNT | MNT 497,049,054.63 MNT | MNT 476,939,826.21 MNT |
Frequently asked questions
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