Convert Mongolian Tugrik to Indian Rupee
Please provide values below to convert Mongolian Tugrik [MNT] to Indian Rupee [INR], or Convert Indian Rupee to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Indian Rupee
1 MNT = 41.0908640506185 INR
Example: convert 15 MNT to INR:
15 MNT = 15 × 41.0908640506185 INR = 616.362960759278 INR
Mongolian Tugrik to Indian Rupee Conversion Table
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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.
Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.