Convert Mongolian Tugrik to Cambodian Riel
Please provide values below to convert Mongolian Tugrik [MNT] to Cambodian Riel [KHR], or Convert Cambodian Riel to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Cambodian Riel
1 MNT = 0.884109429428643 KHR
Example: convert 15 MNT to KHR:
15 MNT = 15 × 0.884109429428643 KHR = 13.2616414414296 KHR
Mongolian Tugrik to Cambodian Riel Conversion Table
| Mongolian Tugrik | Cambodian Riel |
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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.
Cambodian Riel
The Cambodian Riel (KHR) is the official currency of Cambodia, used for everyday transactions and priced in the local economy.
History/Origin
The Riel was introduced in 1953, replacing the French Indochinese piastre, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Riel is primarily used domestically for most transactions, alongside the US dollar, which is also widely accepted in Cambodia.