Convert Armenian Dram to Mongolian Tugrik

Please provide values below to convert Armenian Dram [AMD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Armenian Dram.

How to Convert Armenian Dram to Mongolian Tugrik

1 AMD = 0.108192208937201 MNT

Example: convert 15 AMD to MNT:
15 AMD = 15 × 0.108192208937201 MNT = 1.62288313405802 MNT

Armenian Dram to Mongolian Tugrik Conversion Table

Armenian Dram	Mongolian Tugrik

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

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.

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