I don't think its as simple as just converting it to mono because if you look at the plug it has all three input signals, so the speaker is getting separate L and R signals. Of course, these wires might be spliced together between the plug & speaker and then its back to mono.
Its hard to say but a standard mono plug just has the two contacts and this one has three, don't see why they'd bother with a stereo plug and third wire if only to splice together later