Convert Maldivian Rufiyaa to Mongolian Tugrik
Please provide values below to convert Maldivian Rufiyaa [MVR] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Maldivian Rufiyaa.
How to Convert Maldivian Rufiyaa to Mongolian Tugrik
1 MVR = 0.0043491209807352 MNT
Example: convert 15 MVR to MNT:
15 MVR = 15 × 0.0043491209807352 MNT = 0.0652368147110281 MNT
Maldivian Rufiyaa to Mongolian Tugrik Conversion Table
| Maldivian Rufiyaa | Mongolian Tugrik |
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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.
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.