Convert Macanese Pataca to Mongolian Tugrik
Please provide values below to convert Macanese Pataca [MOP] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Macanese Pataca.
How to Convert Macanese Pataca to Mongolian Tugrik
1 MOP = 0.00227780781450121 MNT
Example: convert 15 MOP to MNT:
15 MOP = 15 × 0.00227780781450121 MNT = 0.0341671172175181 MNT
Macanese Pataca to Mongolian Tugrik Conversion Table
| Macanese Pataca | Mongolian Tugrik |
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
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.