Convert Mongolian Tugrik to Jamaican Dollar
Please provide values below to convert Mongolian Tugrik [MNT] to Jamaican Dollar [JMD], or Convert Jamaican Dollar to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Jamaican Dollar
1 MNT = 22.1750639533976 JMD
Example: convert 15 MNT to JMD:
15 MNT = 15 × 22.1750639533976 JMD = 332.625959300964 JMD
Mongolian Tugrik to Jamaican Dollar 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.
Jamaican Dollar
The Jamaican Dollar (JMD) is the official currency of Jamaica, used for all monetary transactions within the country.
History/Origin
The Jamaican Dollar was introduced in 1969, replacing the Jamaican Pound at a rate of 1 dollar = 1.5 pounds. It has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the Jamaican Dollar is widely used in everyday transactions, banking, and commerce across Jamaica, with coins and banknotes issued by the Bank of Jamaica.