Convert Dominican Peso to Mongolian Tugrik
Please provide values below to convert Dominican Peso [DOP] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Dominican Peso.
How to Convert Dominican Peso to Mongolian Tugrik
1 DOP = 0.0170015805151086 MNT
Example: convert 15 DOP to MNT:
15 DOP = 15 × 0.0170015805151086 MNT = 0.25502370772663 MNT
Dominican Peso to Mongolian Tugrik Conversion Table
| Dominican Peso | Mongolian Tugrik |
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Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.
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.