Convert Mongolian Tugrik to Tongan Paanga
Please provide values below to convert Mongolian Tugrik [MNT] to Tongan Paanga [TOP], or Convert Tongan Paanga to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Tongan Paanga
1 MNT = 1488.73041436001 TOP
Example: convert 15 MNT to TOP:
15 MNT = 15 × 1488.73041436001 TOP = 22330.9562154001 TOP
Mongolian Tugrik to Tongan Paanga Conversion Table
| Mongolian Tugrik | Tongan Paanga |
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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.
Tongan Paanga
The Tongan Paʻanga (TOP) is the official currency of Tonga, used as the primary monetary unit for transactions within the country.
History/Origin
The Paʻanga was introduced in 1967, replacing the Tongan pound at a rate of 1 Paʻanga = 10 shillings, to modernize Tonga's currency system and facilitate easier transactions.
Current Use
Today, the Paʻanga remains the official currency of Tonga, widely used in everyday transactions, banking, and trade within the country.