1 MNT to IRR - Convert Mongolian Tugrik to Iranian Rial

Looking at the 30-day window, the MNT/IRR pair traded in a range of 358.2941 to 382.4610. The monthly average was 370.0977 with 1.78% volatility. The relatively low volatility indicates stable trading conditions for the MNT/IRR currency pair.

The current mid-market exchange rate is 1 MNT = 383.9416 IRR, updated as of July 3, 2026, 6:24 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Mongolian Tugrik to Iranian Rial Exchange Rate

The MNT/IRR exchange rate tells you how many Iranian Rial (IRR) you receive for every Mongolian Tugrik (MNT). At the current mid-market rate of 1 MNT = 383.9416 IRR, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

Historical MNT/IRR Trends

The MNT/IRR exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Mongolian Tugrik Overview

The Mongolian Tugrik (MNT) is the official currency of Mongolia. Mining exports, particularly copper and gold, are the primary drivers of the tugrik's value. Understanding the fundamentals behind MNT helps contextualize its exchange rate movements against IRR and other currencies.

Iranian Rial Overview

The Iranian Rial (IRR) is the official currency of Iran. International sanctions have severely limited the rial's convertibility and created multiple exchange rates. The IRR exchange rate against MNT reflects relative economic conditions between the two currency areas.

Mid-Market Rate Explained

The mid-market rate of 1 MNT = 383.9416 IRR shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.

Reverse Rate: IRR to MNT

The reverse exchange rate is 1 IRR = 0.002605 MNT. This is useful if you are starting with Iranian Rial and want to know how much Mongolian Tugrik you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated IRR to MNT converter for the reverse direction.