Convert Mongolian Tugrik to Ethiopian Birr
Please provide values below to convert Mongolian Tugrik [MNT] to Ethiopian Birr [ETB], or Convert Ethiopian Birr to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Ethiopian Birr
1 MNT = 25.9792267405948 ETB
Example: convert 15 MNT to ETB:
15 MNT = 15 × 25.9792267405948 ETB = 389.688401108922 ETB
Mongolian Tugrik to Ethiopian Birr Conversion Table
| Mongolian Tugrik | Ethiopian Birr |
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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.
Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.