How much is 1000 ₮ in USD?

Inquiring minds want to know: What is the current exchange rate for 1000 Mongolian Tugriks (₮) to United States Dollars (USD)? The value of currencies can fluctuate daily, so it's crucial to stay updated on the latest conversions. Could you please provide an estimate of the current conversion rate and briefly explain what factors may affect it? For example, do changes in interest rates or global economic news often impact currency exchange rates? I'm curious to understand how this specific conversion may vary over time.