Convert Mongolian Tugrik to Japanese Yen
Please provide values below to convert Mongolian Tugrik [MNT] to Japanese Yen [JPY], or Convert Japanese Yen to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Japanese Yen
1 MNT = 24.1755757631893 JPY
Example: convert 15 MNT to JPY:
15 MNT = 15 × 24.1755757631893 JPY = 362.633636447839 JPY
Mongolian Tugrik to Japanese Yen Conversion Table
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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.
Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan, used as the country's primary medium of exchange.
History/Origin
Introduced in 1871 during the Meiji Restoration, the Yen replaced the previous complex monetary system and has undergone various reforms, including decimalization in 1954, to modernize Japan's currency system.
Current Use
The Yen is widely used in Japan for everyday transactions, banking, and international trade, and is one of the most traded currencies globally.