Convert Uzbekistan Som to Mongolian Tugrik
Please provide values below to convert Uzbekistan Som [UZS] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Uzbekistan Som.
How to Convert Uzbekistan Som to Mongolian Tugrik
1 UZS = 3.57956114844604 MNT
Example: convert 15 UZS to MNT:
15 UZS = 15 × 3.57956114844604 MNT = 53.6934172266907 MNT
Uzbekistan Som to Mongolian Tugrik Conversion Table
| Uzbekistan Som | Mongolian Tugrik |
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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.
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.