Convert North Korean Won to Mongolian Tugrik
Please provide values below to convert North Korean Won [KPW] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to North Korean Won.
How to Convert North Korean Won to Mongolian Tugrik
1 KPW = 0.253540495826047 MNT
Example: convert 15 KPW to MNT:
15 KPW = 15 × 0.253540495826047 MNT = 3.80310743739071 MNT
North Korean Won to Mongolian Tugrik Conversion Table
| North Korean Won | Mongolian Tugrik |
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North Korean Won
The North Korean Won (KPW) is the official currency of North Korea, used for everyday transactions within the country.
History/Origin
The North Korean Won was first introduced in 1947, replacing the Korean won used during the Japanese occupation, and has undergone several redenominations and reforms since then.
Current Use
Today, the KPW is primarily used domestically in North Korea, with limited acceptance outside the country; it is subject to strict government control and currency regulations.
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.