Convert Uruguayan Peso to Mongolian Tugrik
Please provide values below to convert Uruguayan Peso [UYU] to Mongolian Tugrik [MNT], or Convert Mongolian Tugrik to Uruguayan Peso.
How to Convert Uruguayan Peso to Mongolian Tugrik
1 UYU = 0.0113529518086001 MNT
Example: convert 15 UYU to MNT:
15 UYU = 15 × 0.0113529518086001 MNT = 0.170294277129002 MNT
Uruguayan Peso to Mongolian Tugrik Conversion Table
| Uruguayan Peso | Mongolian Tugrik |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.