Convert Congolese Franc to Mongolian Tugrik
Please provide values below to convert Congolese Franc [CDF] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Congolese Franc.
How to Convert Congolese Franc to Mongolian Tugrik
1 CDF = 0.812748314744495 MNT
Example: convert 15 CDF to MNT:
15 CDF = 15 × 0.812748314744495 MNT = 12.1912247211674 MNT
Congolese Franc to Mongolian Tugrik Conversion Table
| Congolese Franc | Mongolian Tugrik |
|---|
Congolese Franc
The Congolese Franc (CDF) is the official currency of the Democratic Republic of the Congo, used for everyday transactions and financial exchanges within the country.
History/Origin
The Congolese Franc was introduced in 1967, replacing the Congolese Léopard at par, as part of monetary reforms following independence. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the CDF remains the official currency of the Democratic Republic of the Congo, used in all banking, commerce, and financial activities across the country.
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.