Convert Mongolian Tugrik to Ukrainian Hryvnia
Please provide values below to convert Mongolian Tugrik [MNT] to Ukrainian Hryvnia [UAH], or Convert Ukrainian Hryvnia to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Ukrainian Hryvnia
1 MNT = 84.9634102849484 UAH
Example: convert 15 MNT to UAH:
15 MNT = 15 × 84.9634102849484 UAH = 1274.45115427423 UAH
Mongolian Tugrik to Ukrainian Hryvnia 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.
Ukrainian Hryvnia
The Ukrainian Hryvnia (UAH) is the official currency of Ukraine, used for all monetary transactions within the country.
History/Origin
The Hryvnia was first introduced in Ukraine in 1918 during the brief independence period, replaced by the Soviet ruble. It was reintroduced in 1996 after Ukraine gained independence from the Soviet Union, replacing the karbovanets as the national currency.
Current Use
Today, the Hryvnia is the sole legal tender in Ukraine, widely used in everyday transactions, banking, and financial markets. It is managed by the National Bank of Ukraine and features modern banknotes and coins.