Convert Salvadoran Colón to Mongolian Tugrik
Please provide values below to convert Salvadoran Colón [SVC] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Salvadoran Colón.
How to Convert Salvadoran Colón to Mongolian Tugrik
1 SVC = 0.00246197822211094 MNT
Example: convert 15 SVC to MNT:
15 SVC = 15 × 0.00246197822211094 MNT = 0.0369296733316641 MNT
Salvadoran Colón to Mongolian Tugrik Conversion Table
| Salvadoran Colón | Mongolian Tugrik |
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Salvadoran Colón
The Salvadoran Colón (SVC) was the official currency of El Salvador until 2001, used as the country's monetary unit for everyday transactions.
History/Origin
Introduced in 1892, the Salvadoran Colón replaced the peso and was used until 2001, when El Salvador adopted the United States dollar as its official currency. It was named after Christopher Columbus (Cristóbal Colón).
Current Use
The Salvadoran Colón is no longer in circulation; it was replaced by the US dollar in 2001 and is now obsolete, with no current use in transactions.
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.