Convert Mongolian Tugrik to Colombian Peso
Please provide values below to convert Mongolian Tugrik [MNT] to Colombian Peso [COP], or Convert Colombian Peso to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Colombian Peso
1 MNT = 0.880514700410634 COP
Example: convert 15 MNT to COP:
15 MNT = 15 × 0.880514700410634 COP = 13.2077205061595 COP
Mongolian Tugrik to Colombian Peso Conversion Table
Mongolian Tugrik | Colombian 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.
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.