Convert Libyan Dinar to Mongolian Tugrik
Please provide values below to convert Libyan Dinar [LYD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Libyan Dinar.
How to Convert Libyan Dinar to Mongolian Tugrik
1 LYD = 0.00152913090149309 MNT
Example: convert 15 LYD to MNT:
15 LYD = 15 × 0.00152913090149309 MNT = 0.0229369635223964 MNT
Libyan Dinar to Mongolian Tugrik Conversion Table
| Libyan Dinar | Mongolian Tugrik |
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Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.
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.