Convert Mongolian Tugrik to Guernsey Pound
Please provide values below to convert Mongolian Tugrik [MNT] to Guernsey Pound [GGP], or Convert Guernsey Pound to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Guernsey Pound
1 MNT = 4794.98689720384 GGP
Example: convert 15 MNT to GGP:
15 MNT = 15 × 4794.98689720384 GGP = 71924.8034580575 GGP
Mongolian Tugrik to Guernsey Pound Conversion Table
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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.
Guernsey Pound
The Guernsey Pound (GGP) is the official currency of Guernsey, a British Crown dependency, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1921, the Guernsey Pound has been used locally alongside the British Pound, with both currencies circulating freely and at equal value, reflecting Guernsey's status as a self-governing dependency.
Current Use
The GGP is used for everyday transactions within Guernsey and is accepted alongside the British Pound, with coins and banknotes issued specifically for Guernsey by the local authorities.