Convert Mongolian Tugrik to Qatari Rial
Please provide values below to convert Mongolian Tugrik [MNT] to Qatari Rial [QAR], or Convert Qatari Rial to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Qatari Rial
1 MNT = 975.20021978022 QAR
Example: convert 15 MNT to QAR:
15 MNT = 15 × 975.20021978022 QAR = 14628.0032967033 QAR
Mongolian Tugrik to Qatari Rial Conversion Table
| Mongolian Tugrik | Qatari Rial |
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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.
Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.