Convert Albanian Lek to Mongolian Tugrik
Please provide values below to convert Albanian Lek [ALL] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Albanian Lek.
How to Convert Albanian Lek to Mongolian Tugrik
1 ALL = 0.0234937102800642 MNT
Example: convert 15 ALL to MNT:
15 ALL = 15 × 0.0234937102800642 MNT = 0.352405654200963 MNT
Albanian Lek to Mongolian Tugrik Conversion Table
| Albanian Lek | Mongolian Tugrik |
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Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.
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.