Convert Mongolian Tugrik to Kazakhstani Tenge
Please provide values below to convert Mongolian Tugrik [MNT] to Kazakhstani Tenge [KZT], or Convert Kazakhstani Tenge to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Kazakhstani Tenge
1 MNT = 6.63862794698117 KZT
Example: convert 15 MNT to KZT:
15 MNT = 15 × 6.63862794698117 KZT = 99.5794192047176 KZT
Mongolian Tugrik to Kazakhstani Tenge 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.
Kazakhstani Tenge
The Kazakhstani Tenge (KZT) is the official currency of Kazakhstan, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 following Kazakhstan's independence from the Soviet Union, the Tenge replaced the Soviet ruble and has undergone various redenominations and reforms to stabilize the economy.
Current Use
The Tenge is actively used in Kazakhstan for everyday transactions, banking, and trade, and is managed by the National Bank of Kazakhstan. It features modern security features and is available in both cash and digital forms.