Convert Bangladeshi Taka to Mongolian Tugrik
Please provide values below to convert Bangladeshi Taka [BDT] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Bangladeshi Taka.
How to Convert Bangladeshi Taka to Mongolian Tugrik
1 BDT = 0.0342739422797595 MNT
Example: convert 15 BDT to MNT:
15 BDT = 15 × 0.0342739422797595 MNT = 0.514109134196393 MNT
Bangladeshi Taka to Mongolian Tugrik Conversion Table
Bangladeshi Taka | Mongolian Tugrik |
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Bangladeshi Taka
The Bangladeshi Taka (BDT) is the official currency of Bangladesh, used for all monetary transactions within the country.
History/Origin
The Taka was introduced in 1972, replacing the Pakistani Rupee after Bangladesh gained independence. It has undergone various denominations and reforms over the years to stabilize and modernize the currency.
Current Use
The BDT is actively used in everyday transactions, banking, and international trade involving Bangladesh. It is managed by the Bangladesh Bank, the country's central 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.