Convert Mongolian Tugrik to Bosnia-Herzegovina Convertible Mark
Please provide values below to convert Mongolian Tugrik [MNT] to Bosnia-Herzegovina Convertible Mark [BAM], or Convert Bosnia-Herzegovina Convertible Mark to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Bosnia-Herzegovina Convertible Mark
1 MNT = 2129.28366624678 BAM
Example: convert 15 MNT to BAM:
15 MNT = 15 × 2129.28366624678 BAM = 31939.2549937016 BAM
Mongolian Tugrik to Bosnia-Herzegovina Convertible Mark Conversion Table
| Mongolian Tugrik | Bosnia-Herzegovina Convertible Mark |
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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.
Bosnia-Herzegovina Convertible Mark
The Bosnia-Herzegovina Convertible Mark (BAM) is the official currency of Bosnia and Herzegovina, used for everyday transactions and financial exchanges within the country.
History/Origin
Introduced in 1998, the BAM replaced the Bosnia and Herzegovina dinar following the country's monetary reform and stabilization efforts after the Bosnian War. It is pegged to the Euro at a fixed rate, ensuring stability.
Current Use
The BAM is widely used throughout Bosnia and Herzegovina for all forms of payment, including cash, banking, and electronic transactions. It remains the country's official currency and is managed by the Central Bank of Bosnia and Herzegovina.