Convert Hungarian Forint to Mongolian Tugrik
Please provide values below to convert Hungarian Forint [HUF] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Hungarian Forint.
How to Convert Hungarian Forint to Mongolian Tugrik
1 HUF = 0.0958387863320714 MNT
Example: convert 15 HUF to MNT:
15 HUF = 15 × 0.0958387863320714 MNT = 1.43758179498107 MNT
Hungarian Forint to Mongolian Tugrik Conversion Table
| Hungarian Forint | Mongolian Tugrik |
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Hungarian Forint
The Hungarian Forint (HUF) is the official currency of Hungary, used for all monetary transactions within the country.
History/Origin
The Forint was introduced in 1946, replacing the pengő after hyperinflation. It has undergone several reforms and decimalization since its inception.
Current Use
The Forint remains Hungary's legal tender, with banknotes and coins in circulation. It is managed by the Hungarian National Bank and used for everyday transactions and financial activities.
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.