Convert Mongolian Tugrik to Albanian Lek
Please provide values below to convert Mongolian Tugrik [MNT] to Albanian Lek [ALL], or Convert Albanian Lek to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Albanian Lek
1 MNT = 42.5645838004804 ALL
Example: convert 15 MNT to ALL:
15 MNT = 15 × 42.5645838004804 ALL = 638.468757007205 ALL
Mongolian Tugrik to Albanian Lek Conversion Table
| Mongolian Tugrik | Albanian Lek |
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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.
Albanian Lek
The Albanian Lek (ALL) is the official currency of Albania, used for everyday transactions and financial exchanges within the country.
History/Origin
The Albanian Lek was introduced in 1926, replacing the Albanian franc, and has undergone several reforms, with the current version issued since 1992 to stabilize the economy after the fall of communism.
Current Use
The Albanian Lek is actively used as the primary currency in Albania for all forms of payment, banking, and financial transactions.