Convert Bahamian Dollar to Mongolian Tugrik
Please provide values below to convert Bahamian Dollar [BSD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Bahamian Dollar.
How to Convert Bahamian Dollar to Mongolian Tugrik
1 BSD = 0.000281711662028942 MNT
Example: convert 15 BSD to MNT:
15 BSD = 15 × 0.000281711662028942 MNT = 0.00422567493043412 MNT
Bahamian Dollar to Mongolian Tugrik Conversion Table
| Bahamian Dollar | Mongolian Tugrik |
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Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.
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.