Convert Mongolian Tugrik to Turkmenistani Manat
Please provide values below to convert Mongolian Tugrik [MNT] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Turkmenistani Manat
1 MNT = 1014.20822857143 TMT
Example: convert 15 MNT to TMT:
15 MNT = 15 × 1014.20822857143 TMT = 15213.1234285714 TMT
Mongolian Tugrik to Turkmenistani Manat Conversion Table
| Mongolian Tugrik | Turkmenistani Manat |
|---|
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.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.