Convert Mongolian Tugrik to Uruguayan Peso
Please provide values below to convert Mongolian Tugrik [MNT] to Uruguayan Peso [UYU], or Convert Uruguayan Peso to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Uruguayan Peso
1 MNT = 88.0828190640672 UYU
Example: convert 15 MNT to UYU:
15 MNT = 15 × 88.0828190640672 UYU = 1321.24228596101 UYU
Mongolian Tugrik to Uruguayan Peso Conversion Table
| Mongolian Tugrik | Uruguayan Peso |
|---|
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.
Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.