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SCMPInside Taylor Swift and Travis Kelce’s big bash: a garden in the Garden·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?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·CNBCInflation peaked in May as energy prices fell in June, Kalshi traders think·SCMPInside Taylor Swift and Travis Kelce’s big bash: a garden in the Garden·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?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·CNBCInflation peaked in May as energy prices fell in June, Kalshi traders think·
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Mongolia

Mongolian Tugrik (MNT)

39
Moderate
Risk
#53
of 171
Riskier
than 69% of currencies
36
global avg score
$662
$1,000 in 5 years
Impact on Citizens

Citizens need to earn at least 10.1% per year on savings to stay ahead. Money sitting in a regular account is slowly losing value.See savings calculator ↓

Economic Indicators

Inflation Rate
8.6%
Debt to GDP
43.3%
GDP Growth
6.8%
Broad Money / GDP
53.7%

Banking & Stability

NPL Ratio
3.5%
Reserve Months
3.3
Current Account
-10.4%
FX Volatility
0.9

Governance & Markets

Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
40.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
75.0%

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.

Data last updated: 2026-07-05

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