Convert Mongolian Tugrik to Maldivian Rufiyaa
Please provide values below to convert Mongolian Tugrik [MNT] to Maldivian Rufiyaa [MVR], or Convert Maldivian Rufiyaa to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Maldivian Rufiyaa
1 MNT = 229.93152051405 MVR
Example: convert 15 MNT to MVR:
15 MNT = 15 × 229.93152051405 MVR = 3448.97280771074 MVR
Mongolian Tugrik to Maldivian Rufiyaa Conversion Table
| Mongolian Tugrik | Maldivian Rufiyaa |
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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.
Maldivian Rufiyaa
The Maldivian Rufiyaa (MVR) is the official currency of the Maldives, used for all monetary transactions within the country.
History/Origin
Introduced in 1981, the Maldivian Rufiyaa replaced the Maldivian Rupee at par, and has since been the nation's standard currency, with various banknotes and coins issued over the years.
Current Use
The MVR is widely used across the Maldives for daily transactions, tourism, and trade, and is managed by the Maldives Monetary Authority.