Convert Indian Rupee to Mongolian Tugrik
Please provide values below to convert Indian Rupee [INR] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Indian Rupee.
How to Convert Indian Rupee to Mongolian Tugrik
1 INR = 0.0243363098611928 MNT
Example: convert 15 INR to MNT:
15 INR = 15 × 0.0243363098611928 MNT = 0.365044647917892 MNT
Indian Rupee to Mongolian Tugrik Conversion Table
| Indian Rupee | Mongolian Tugrik |
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Indian Rupee
The Indian Rupee (INR) is the official currency of India, used for everyday transactions and financial exchanges within the country.
History/Origin
The Indian Rupee has a history dating back to ancient India, where it was used as a silver coin. It was formally adopted as the official currency during British rule and has evolved through various denominations and reforms to its current form.
Current Use
Today, the INR is widely used across India for all forms of monetary transactions, both cash and digital, and is managed by the Reserve Bank of India. It is also accepted in some neighboring countries and is a recognized currency in international trade.
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.