Convert Aruban Florin to Mongolian Tugrik
Please provide values below to convert Aruban Florin [AWG] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Aruban Florin.
How to Convert Aruban Florin to Mongolian Tugrik
1 AWG = 0.000504263875031805 MNT
Example: convert 15 AWG to MNT:
15 AWG = 15 × 0.000504263875031805 MNT = 0.00756395812547708 MNT
Aruban Florin to Mongolian Tugrik Conversion Table
Aruban Florin | Mongolian Tugrik |
---|
Aruban Florin
The Aruban Florin (AWG) is the official currency of Aruba, used as a medium of exchange within the country.
History/Origin
The Aruban Florin was introduced in 1986, replacing the Netherlands Antillean Guilder at par, to establish a distinct national currency for Aruba.
Current Use
The AWG is widely used in Aruba for all daily transactions, banking, and trade, and is pegged to the US dollar at a fixed rate.
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.