Convert Mongolian Tugrik to Uzbekistan Som
Please provide values below to convert Mongolian Tugrik [MNT] to Uzbekistan Som [UZS], or Convert Uzbekistan Som to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Uzbekistan Som
1 MNT = 0.27936385454237 UZS
Example: convert 15 MNT to UZS:
15 MNT = 15 × 0.27936385454237 UZS = 4.19045781813555 UZS
Mongolian Tugrik to Uzbekistan Som Conversion Table
Mongolian Tugrik | Uzbekistan Som |
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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.
Uzbekistan Som
The Uzbekistan Som (UZS) is the official currency of Uzbekistan, used for everyday transactions and monetary exchanges within the country.
History/Origin
Introduced in 1993 following Uzbekistan's independence from the Soviet Union, the Som replaced the Russian ruble as the national currency. It has undergone several redenominations and reforms over the years to stabilize the economy.
Current Use
The Uzbekistan Som is actively used for all forms of financial transactions in Uzbekistan, including cash payments, banking, and electronic transfers. It is managed and issued by the Central Bank of Uzbekistan.