Convert Mongolian Tugrik to Rwandan Franc
Please provide values below to convert Mongolian Tugrik [MNT] to Rwandan Franc [RWF], or Convert Rwandan Franc to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Rwandan Franc
1 MNT = 2.45253417262931 RWF
Example: convert 15 MNT to RWF:
15 MNT = 15 × 2.45253417262931 RWF = 36.7880125894397 RWF
Mongolian Tugrik to Rwandan Franc Conversion Table
| Mongolian Tugrik | Rwandan Franc |
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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.
Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.