Convert Danish Krone to Mongolian Tugrik
Please provide values below to convert Danish Krone [DKK] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Danish Krone.
How to Convert Danish Krone to Mongolian Tugrik
1 DKK = 0.00179134811650963 MNT
Example: convert 15 DKK to MNT:
15 DKK = 15 × 0.00179134811650963 MNT = 0.0268702217476445 MNT
Danish Krone to Mongolian Tugrik Conversion Table
| Danish Krone | Mongolian Tugrik |
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Danish Krone
The Danish Krone (DKK) is the official currency of Denmark, used for everyday transactions and issued by the Danmarks Nationalbank.
History/Origin
The Danish Krone was introduced in 1875, replacing the rigsdaler, and has undergone various reforms, including pegging to the euro and adopting a floating exchange rate since 1999.
Current Use
The DKK is widely used in Denmark for all financial transactions, including banking, commerce, and international trade, and is also accepted in the Faroe Islands and Greenland.
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.