Convert Indonesian Rupiah to Mongolian Tugrik
Please provide values below to convert Indonesian Rupiah [IDR] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Indonesian Rupiah.
How to Convert Indonesian Rupiah to Mongolian Tugrik
1 IDR = 4.58850185963502 MNT
Example: convert 15 IDR to MNT:
15 IDR = 15 × 4.58850185963502 MNT = 68.8275278945254 MNT
Indonesian Rupiah to Mongolian Tugrik Conversion Table
| Indonesian Rupiah | Mongolian Tugrik |
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Indonesian Rupiah
The Indonesian Rupiah (IDR) is the official currency of Indonesia, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Rupiah was introduced in 1946 to replace the Dutch East Indies gulden. It has undergone various reforms and redenominations over the years, especially following Indonesia's independence and economic changes, to stabilize the economy and control inflation.
Current Use
Today, the Rupiah is widely used across Indonesia for all forms of financial transactions, including cash payments, banking, and digital transactions. It remains the official legal tender of Indonesia.
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.