News
SCMPFrugal, childless Chinese couple who split US$2.5 meals leave US$735,000 to sick children·Al JazeeraHow conflict minerals fuel war in eastern DR Congo amid US sanctions·BBCWhat could new rights for unmarried couples mean for your money?·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·SCMPFrugal, childless Chinese couple who split US$2.5 meals leave US$735,000 to sick children·Al JazeeraHow conflict minerals fuel war in eastern DR Congo amid US sanctions·BBCWhat could new rights for unmarried couples mean for your money?·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·
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MNT

Mongolian Tugrik

MNT · Mongolia

39
Moderate
Risk
Historical Scores
364452Jul 2021Jul 2025Jul 2026
What does this mean for you?

The Mongolian Tugrik is in decent shape overall, scoring 39 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You need at least 10.1%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
8.6%
Debt / GDP
43.3%
GDP Growth
6.8%
FX Volatility
1.3
Governance
Not available
Reserves
3.3 mo
Analysis
What's working well
Government debt is low — less pressure to print money
Economy is growing healthily
What to watch out for
Restrictions on moving your money out of the country
The country is spending much more abroad than it earns — relies on foreign money flowing in
Full Mongolia analysis →

Savings Impact Calculator

MNT
Holding cash in MNT8.6% inflation
MNT 662−MNT 338 (34% purchasing power lost)
Your MNT 1,000 buys 34% less in 5 years
What if you invested MNT 1,000 instead? (5yr, in MNT terms)
USD-denominated assets gain an additional ~5.6%/yr from expected MNT depreciation vs USD
Hold USD Cash
MNT 1137
+MNT 137
+2.6%/yr net in MNT
S&P 500
MNT 2065
+MNT 1065
range: MNT 980–MNT 3948
10% USD return + 5.6% FX · ±16% vol
Gold
MNT 1892
+MNT 892
range: MNT 578–MNT 4934
8% USD return + 5.6% FX · ±24% vol
Bitcoin
MNT 3800
+MNT 2800
range: MNT 264–MNT 21.4k
25% USD return + 5.6% FX · ±54% vol

All values in MNT. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~5.6%/yr based on the inflation differential between Mongolia (8.6%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how MNT ranks differently.
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