Convert Azerbaijani Manat to Mongolian Tugrik
Please provide values below to convert Azerbaijani Manat [AZN] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Mongolian Tugrik
1 AZN = 0.000479050681280215 MNT
Example: convert 15 AZN to MNT:
15 AZN = 15 × 0.000479050681280215 MNT = 0.00718576021920322 MNT
Azerbaijani Manat to Mongolian Tugrik Conversion Table
| Azerbaijani Manat | Mongolian Tugrik |
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
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.