Convert Mongolian Tugrik to Angolan Kwanza
Please provide values below to convert Mongolian Tugrik [MNT] to Angolan Kwanza [AOA], or Convert Angolan Kwanza to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Angolan Kwanza
1 MNT = 3.86049812713472 AOA
Example: convert 15 MNT to AOA:
15 MNT = 15 × 3.86049812713472 AOA = 57.9074719070208 AOA
Mongolian Tugrik to Angolan Kwanza Conversion Table
| Mongolian Tugrik | Angolan Kwanza |
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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.
Angolan Kwanza
The Angolan Kwanza (AOA) is the official currency of Angola, used for all monetary transactions within the country.
History/Origin
The Kwanza was introduced in 1977, replacing the Angolan escudo after independence from Portugal. It has undergone several redenominations due to inflation and economic changes.
Current Use
The AOA is actively used as Angola's legal tender, with coins and banknotes circulating nationwide. It is managed by the National Bank of Angola.