Convert Mongolian Tugrik to Papua New Guinean Kina
Please provide values below to convert Mongolian Tugrik [MNT] to Papua New Guinean Kina [PGK], or Convert Papua New Guinean Kina to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Papua New Guinean Kina
1 MNT = 845.294280135257 PGK
Example: convert 15 MNT to PGK:
15 MNT = 15 × 845.294280135257 PGK = 12679.4142020289 PGK
Mongolian Tugrik to Papua New Guinean Kina Conversion Table
Mongolian Tugrik | Papua New Guinean Kina |
---|
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.
Papua New Guinean Kina
The Papua New Guinean Kina (PGK) is the official currency of Papua New Guinea, used for all monetary transactions within the country.
History/Origin
Introduced in 1975, replacing the Australian dollar, the Kina was established to establish a national currency and promote economic independence for Papua New Guinea.
Current Use
The Kina is actively used in everyday transactions, banking, and trade within Papua New Guinea, with coins and banknotes issued by the country's central bank, the Bank of Papua New Guinea.