Convert Rwandan Franc to Mongolian Tugrik
Please provide values below to convert Rwandan Franc [RWF] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Rwandan Franc.
How to Convert Rwandan Franc to Mongolian Tugrik
1 RWF = 0.407741515351821 MNT
Example: convert 15 RWF to MNT:
15 RWF = 15 × 0.407741515351821 MNT = 6.11612273027731 MNT
Rwandan Franc to Mongolian Tugrik Conversion Table
| Rwandan Franc | Mongolian Tugrik |
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Rwandan Franc
The Rwandan Franc (RWF) is the official currency of Rwanda, used for all monetary transactions within the country.
History/Origin
The Rwandan Franc was introduced in 1964, replacing the Rwandan Congolese franc, and has undergone various redenominations and updates since then to stabilize the economy and facilitate trade.
Current Use
Today, the Rwandan Franc is widely used in Rwanda for everyday transactions, banking, and trade, with coins and banknotes issued by the National Bank of Rwanda.
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.