Convert Mongolian Tugrik to Brazilian Real
Please provide values below to convert Mongolian Tugrik [MNT] to Brazilian Real [BRL], or Convert Brazilian Real to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Brazilian Real
1 MNT = 637.637650440093 BRL
Example: convert 15 MNT to BRL:
15 MNT = 15 × 637.637650440093 BRL = 9564.5647566014 BRL
Mongolian Tugrik to Brazilian Real Conversion Table
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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.
Brazilian Real
The Brazilian Real (BRL) is the official currency of Brazil, used for all monetary transactions within the country.
History/Origin
Introduced in 1994 to stabilize the Brazilian economy and curb hyperinflation, the Real replaced the Cruzeiro and has undergone several reforms and currency changes since its inception.
Current Use
The BRL is widely used in Brazil for everyday transactions, banking, and international trade, and is recognized as a stable currency in Latin America.