Convert Guinean Franc to Mongolian Tugrik
Please provide values below to convert Guinean Franc [GNF] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Guinean Franc.
How to Convert Guinean Franc to Mongolian Tugrik
1 GNF = 2.44953197551317 MNT
Example: convert 15 GNF to MNT:
15 GNF = 15 × 2.44953197551317 MNT = 36.7429796326976 MNT
Guinean Franc to Mongolian Tugrik Conversion Table
| Guinean Franc | Mongolian Tugrik |
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Guinean Franc
The Guinean Franc (GNF) is the official currency of Guinea, used for all monetary transactions within the country.
History/Origin
The Guinean Franc was introduced in 1959, replacing the French CFA franc, following Guinea's independence, and has undergone various redenominations since then.
Current Use
Today, the GNF is used exclusively within Guinea for everyday transactions, banking, and trade, and is issued by the Central Bank of the Republic of Guinea.
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.