Convert Algerian Dinar to Mongolian Tugrik
Please provide values below to convert Algerian Dinar [DZD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Algerian Dinar.
How to Convert Algerian Dinar to Mongolian Tugrik
1 DZD = 0.0366227696042582 MNT
Example: convert 15 DZD to MNT:
15 DZD = 15 × 0.0366227696042582 MNT = 0.549341544063873 MNT
Algerian Dinar to Mongolian Tugrik Conversion Table
| Algerian Dinar | Mongolian Tugrik |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.