Convert Liberian Dollar to Mongolian Tugrik
Please provide values below to convert Liberian Dollar [LRD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Liberian Dollar.
How to Convert Liberian Dollar to Mongolian Tugrik
1 LRD = 0.0564786245078779 MNT
Example: convert 15 LRD to MNT:
15 LRD = 15 × 0.0564786245078779 MNT = 0.847179367618168 MNT
Liberian Dollar to Mongolian Tugrik Conversion Table
| Liberian Dollar | Mongolian Tugrik |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.