Convert Afghan Afghani to Mongolian Tugrik
Please provide values below to convert Afghan Afghani [AFN] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Afghan Afghani.
How to Convert Afghan Afghani to Mongolian Tugrik
1 AFN = 0.0194233993312391 MNT
Example: convert 15 AFN to MNT:
15 AFN = 15 × 0.0194233993312391 MNT = 0.291350989968586 MNT
Afghan Afghani to Mongolian Tugrik Conversion Table
| Afghan Afghani | Mongolian Tugrik |
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Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, used for all monetary transactions within the country.
History/Origin
The Afghani was introduced in 1925, replacing the Afghan rupee, and has undergone several reforms and redenominations over the years, especially during periods of economic instability and conflict.
Current Use
Today, the Afghani remains the official currency of Afghanistan, widely used in everyday transactions, with coins and banknotes issued by the central bank, the Da Afghanistan Bank.
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.