Convert Czech Republic Koruna to Mongolian Tugrik
Please provide values below to convert Czech Republic Koruna [CZK] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Czech Republic Koruna.
How to Convert Czech Republic Koruna to Mongolian Tugrik
1 CZK = 0.00591509976762168 MNT
Example: convert 15 CZK to MNT:
15 CZK = 15 × 0.00591509976762168 MNT = 0.0887264965143253 MNT
Czech Republic Koruna to Mongolian Tugrik Conversion Table
| Czech Republic Koruna | Mongolian Tugrik |
|---|
Czech Republic Koruna
The Czech Republic Koruna (CZK) is the official currency of the Czech Republic, used for all monetary transactions within the country.
History/Origin
The Koruna was introduced in 1993 following the dissolution of Czechoslovakia, replacing the Czechoslovak koruna at par. It has undergone various reforms and decimalization over the years.
Current Use
The CZK is widely used in everyday transactions, banking, and international trade within the Czech Republic. It is also accepted in some neighboring regions and is actively traded on the foreign exchange market.
Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.