Convert Chilean Peso to Mongolian Tugrik
Please provide values below to convert Chilean Peso [CLP] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Chilean Peso.
How to Convert Chilean Peso to Mongolian Tugrik
1 CLP = 0.268862933979632 MNT
Example: convert 15 CLP to MNT:
15 CLP = 15 × 0.268862933979632 MNT = 4.03294400969449 MNT
Chilean Peso to Mongolian Tugrik Conversion Table
| Chilean Peso | Mongolian Tugrik |
|---|
Chilean Peso
The Chilean Peso (CLP) is the official currency of Chile, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Chilean Peso was introduced in 1975, replacing the Chilean Escudo, as part of monetary reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Chilean Peso remains the official currency of Chile, widely used in all financial transactions, banking, and commerce across the country.
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.