Convert Brunei Dollar to Mongolian Tugrik
Please provide values below to convert Brunei Dollar [BND] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Brunei Dollar.
How to Convert Brunei Dollar to Mongolian Tugrik
1 BND = 0.000360478242732234 MNT
Example: convert 15 BND to MNT:
15 BND = 15 × 0.000360478242732234 MNT = 0.0054071736409835 MNT
Brunei Dollar to Mongolian Tugrik Conversion Table
| Brunei Dollar | Mongolian Tugrik |
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Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
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.