Convert Mongolian Tugrik to Bahamian Dollar
Please provide values below to convert Mongolian Tugrik [MNT] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Bahamian Dollar
1 MNT = 3549.7288 BSD
Example: convert 15 MNT to BSD:
15 MNT = 15 × 3549.7288 BSD = 53245.932 BSD
Mongolian Tugrik to Bahamian Dollar Conversion Table
| Mongolian Tugrik | Bahamian Dollar |
|---|
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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.