Convert Kenyan Shilling to Mongolian Tugrik
Please provide values below to convert Kenyan Shilling [KES] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Kenyan Shilling.
How to Convert Kenyan Shilling to Mongolian Tugrik
1 KES = 0.0363862726639849 MNT
Example: convert 15 KES to MNT:
15 KES = 15 × 0.0363862726639849 MNT = 0.545794089959774 MNT
Kenyan Shilling to Mongolian Tugrik Conversion Table
| Kenyan Shilling | Mongolian Tugrik |
|---|
Kenyan Shilling
The Kenyan Shilling (KES) is the official currency of Kenya, used as the country's legal tender for all transactions.
History/Origin
Introduced in 1966, replacing the East African shilling, the Kenyan Shilling has undergone various denominations and reforms to stabilize and modernize Kenya's currency system.
Current Use
The KES is widely used in Kenya for everyday transactions, banking, and trade, and is also accepted in some neighboring regions for cross-border commerce.
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.