Convert Bahraini Dinar to Mongolian Tugrik
Please provide values below to convert Bahraini Dinar [BHD] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Bahraini Dinar.
How to Convert Bahraini Dinar to Mongolian Tugrik
1 BHD = 0.000105923584922882 MNT
Example: convert 15 BHD to MNT:
15 BHD = 15 × 0.000105923584922882 MNT = 0.00158885377384323 MNT
Bahraini Dinar to Mongolian Tugrik Conversion Table
Bahraini Dinar | Mongolian Tugrik |
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Bahraini Dinar
The Bahraini Dinar (BHD) is the official currency of Bahrain, used for all monetary transactions within the country.
History/Origin
The Bahraini Dinar was introduced in 1965, replacing the Gulf rupee at par, and has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
The BHD is widely used in Bahrain for everyday transactions, banking, and international 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.