Convert Bolivian Boliviano to Mongolian Tugrik
Please provide values below to convert Bolivian Boliviano [BOB] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Bolivian Boliviano.
How to Convert Bolivian Boliviano to Mongolian Tugrik
1 BOB = 0.0019467402692848 MNT
Example: convert 15 BOB to MNT:
15 BOB = 15 × 0.0019467402692848 MNT = 0.029201104039272 MNT
Bolivian Boliviano to Mongolian Tugrik Conversion Table
| Bolivian Boliviano | Mongolian Tugrik |
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Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.
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.