Convert Mongolian Tugrik to Libyan Dinar
Please provide values below to convert Mongolian Tugrik [MNT] to Libyan Dinar [LYD], or Convert Libyan Dinar to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Libyan Dinar
1 MNT = 653.96624907885 LYD
Example: convert 15 MNT to LYD:
15 MNT = 15 × 653.96624907885 LYD = 9809.49373618276 LYD
Mongolian Tugrik to Libyan Dinar Conversion Table
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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.
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.