Convert Colombian Peso to Mongolian Tugrik
Please provide values below to convert Colombian Peso [COP] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Colombian Peso.
How to Convert Colombian Peso to Mongolian Tugrik
1 COP = 1.13569938075269 MNT
Example: convert 15 COP to MNT:
15 COP = 15 × 1.13569938075269 MNT = 17.0354907112904 MNT
Colombian Peso to Mongolian Tugrik Conversion Table
| Colombian Peso | Mongolian Tugrik |
|---|
Colombian Peso
The Colombian Peso (COP) is the official currency of Colombia, used for all monetary transactions within the country.
History/Origin
The Colombian Peso was introduced in 1810, replacing the real, and has undergone various reforms and redenominations over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the COP is widely used in Colombia for everyday transactions, banking, and international trade, with coins and banknotes issued by the Banco de la República.
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.