Convert Mongolian Tugrik to Egyptian Pound
Please provide values below to convert Mongolian Tugrik [MNT] to Egyptian Pound [EGP], or Convert Egyptian Pound to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Egyptian Pound
1 MNT = 72.3347950833034 EGP
Example: convert 15 MNT to EGP:
15 MNT = 15 × 72.3347950833034 EGP = 1085.02192624955 EGP
Mongolian Tugrik to Egyptian Pound Conversion Table
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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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.