Convert Russian Ruble to Mongolian Tugrik
Please provide values below to convert Russian Ruble [RUB] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Russian Ruble.
How to Convert Russian Ruble to Mongolian Tugrik
1 RUB = 0.0220891241043541 MNT
Example: convert 15 RUB to MNT:
15 RUB = 15 × 0.0220891241043541 MNT = 0.331336861565312 MNT
Russian Ruble to Mongolian Tugrik Conversion Table
Russian Ruble | Mongolian Tugrik |
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Russian Ruble
The Russian Ruble (RUB) is the official currency of Russia, used for everyday transactions and financial exchanges within the country.
History/Origin
The Ruble has been the currency of Russia for centuries, with origins dating back to the 13th century. It has undergone various reforms and redenominations, most notably after the Soviet Union's dissolution in 1991, establishing the modern RUB as the national currency.
Current Use
Today, the Russian Ruble is widely used throughout Russia for all forms of payment, including cash, electronic transfers, and banking transactions. It is also traded on international currency markets.
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.