Convert Mongolian Tugrik to Somali Shilling
Please provide values below to convert Mongolian Tugrik [MNT] to Somali Shilling [SOS], or Convert Somali Shilling to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Somali Shilling
1 MNT = 6.21190551022365 SOS
Example: convert 15 MNT to SOS:
15 MNT = 15 × 6.21190551022365 SOS = 93.1785826533548 SOS
Mongolian Tugrik to Somali Shilling Conversion Table
| Mongolian Tugrik | Somali Shilling |
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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.
Somali Shilling
The Somali Shilling (SOS) is the official currency of Somalia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Somali Shilling was introduced in 1962, replacing the Somali Somali shilling, and has undergone various reforms and devaluations due to economic challenges and civil unrest over the decades.
Current Use
Today, the Somali Shilling remains the official currency of Somalia, used in cash transactions, with banknotes and coins issued by the Central Bank of Somalia. It is also used in some neighboring regions and for remittances.