Convert Singapore Dollar to Mongolian Tugrik
Please provide values below to convert Singapore Dollar [SGD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Singapore Dollar.
How to Convert Singapore Dollar to Mongolian Tugrik
1 SGD = 0.000360506413898436 MNT
Example: convert 15 SGD to MNT:
15 SGD = 15 × 0.000360506413898436 MNT = 0.00540759620847655 MNT
Singapore Dollar to Mongolian Tugrik Conversion Table
| Singapore Dollar | Mongolian Tugrik |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.