Convert Romanian Leu to Mongolian Tugrik
Please provide values below to convert Romanian Leu [RON] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Romanian Leu.
How to Convert Romanian Leu to Mongolian Tugrik
1 RON = 0.00122082565856862 MNT
Example: convert 15 RON to MNT:
15 RON = 15 × 0.00122082565856862 MNT = 0.0183123848785293 MNT
Romanian Leu to Mongolian Tugrik Conversion Table
| Romanian Leu | Mongolian Tugrik |
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Romanian Leu
The Romanian Leu (RON) is the official currency of Romania, used for all monetary transactions within the country.
History/Origin
The Leu was first introduced in 1867, replaced by the Romanian Leu in 1952 after a currency reform, and has undergone several redenominations, with the current form established in 2005 to stabilize the economy.
Current Use
The RON is actively used as Romania's primary currency for everyday transactions, banking, and international trade, with coins and banknotes issued by the National Bank of Romania.
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.