Convert Nepalese Rupee to Mongolian Tugrik
Please provide values below to convert Nepalese Rupee [NPR] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Nepalese Rupee.
How to Convert Nepalese Rupee to Mongolian Tugrik
1 NPR = 0.0389363829710033 MNT
Example: convert 15 NPR to MNT:
15 NPR = 15 × 0.0389363829710033 MNT = 0.58404574456505 MNT
Nepalese Rupee to Mongolian Tugrik Conversion Table
| Nepalese Rupee | Mongolian Tugrik |
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Nepalese Rupee
The Nepalese Rupee (NPR) is the official currency of Nepal, issued and regulated by the Nepal Rastra Bank.
History/Origin
The Nepalese Rupee was introduced in 1932, replacing the Indian Rupee, and has since undergone various reforms and decimalization to modernize its currency system.
Current Use
Today, the NPR is widely used across Nepal for all transactions, with banknotes and coins circulating throughout the country and some neighboring regions.
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.