Convert Egyptian Pound to Mongolian Tugrik
Please provide values below to convert Egyptian Pound [EGP] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Egyptian Pound.
How to Convert Egyptian Pound to Mongolian Tugrik
1 EGP = 0.0138246054177435 MNT
Example: convert 15 EGP to MNT:
15 EGP = 15 × 0.0138246054177435 MNT = 0.207369081266152 MNT
Egyptian Pound to Mongolian Tugrik Conversion Table
| Egyptian Pound | Mongolian Tugrik |
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Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.
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.