Convert Mongolian Tugrik to Kyrgystani Som
Please provide values below to convert Mongolian Tugrik [MNT] to Kyrgystani Som [KGS], or Convert Kyrgystani Som to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Kyrgystani Som
1 MNT = 40.6625733700508 KGS
Example: convert 15 MNT to KGS:
15 MNT = 15 × 40.6625733700508 KGS = 609.938600550762 KGS
Mongolian Tugrik to Kyrgystani Som Conversion Table
| Mongolian Tugrik | Kyrgystani Som |
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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.
Kyrgystani Som
The Kyrgystani Som (KGS) is the official currency of Kyrgyzstan, used for all monetary transactions within the country.
History/Origin
The Som was introduced in 1993, replacing the Soviet ruble, as part of Kyrgyzstan's independence and economic transition to establish a national currency.
Current Use
The Kyrgystani Som is actively used in everyday transactions, banking, and financial markets within Kyrgyzstan, with ongoing efforts to stabilize and modernize its economy.