Convert Cambodian Riel to Mongolian Tugrik
Please provide values below to convert Cambodian Riel [KHR] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Cambodian Riel.
How to Convert Cambodian Riel to Mongolian Tugrik
1 KHR = 1.13108170404455 MNT
Example: convert 15 KHR to MNT:
15 KHR = 15 × 1.13108170404455 MNT = 16.9662255606682 MNT
Cambodian Riel to Mongolian Tugrik Conversion Table
| Cambodian Riel | Mongolian Tugrik |
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Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.
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.