Convert Turkmenistani Manat to Mongolian Tugrik
Please provide values below to convert Turkmenistani Manat [TMT] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Mongolian Tugrik
1 TMT = 0.000985990817101295 MNT
Example: convert 15 TMT to MNT:
15 TMT = 15 × 0.000985990817101295 MNT = 0.0147898622565194 MNT
Turkmenistani Manat to Mongolian Tugrik Conversion Table
| Turkmenistani Manat | Mongolian Tugrik |
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Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.
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.