Convert Mongolian Tugrik to Iraqi Dinar
Please provide values below to convert Mongolian Tugrik [MNT] to Iraqi Dinar [IQD], or Convert Iraqi Dinar to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Iraqi Dinar
1 MNT = 2.71043542386737 IQD
Example: convert 15 MNT to IQD:
15 MNT = 15 × 2.71043542386737 IQD = 40.6565313580105 IQD
Mongolian Tugrik to Iraqi Dinar Conversion Table
| Mongolian Tugrik | Iraqi Dinar |
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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.
Iraqi Dinar
The Iraqi Dinar (IQD) is the official currency of Iraq, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Iraqi Dinar was introduced in 1932, replacing the Indian Rupee, and has undergone various redenominations and reforms, especially following periods of economic instability and conflict.
Current Use
Today, the IQD is the official currency of Iraq, used in all financial transactions, with the Central Bank of Iraq managing its issuance and regulation.