Mongolian Tughrik

Mongolian Tughrik

The tögrög or tugrik (Mongolian: ᠲᠥᠭᠥᠷᠢᠭ, төгрөг, tögrög; sign: ₮; code: MNT) is the official currency of Mongolia. It was historically subdivided into 100 möngö (мөнгө). Currently, the lowest denomination in regular use is the 10-tögrög note and the highest is the 20,000-tögrög note. In unicode, the currency sign is U+20AE ₮ Tugrik sign. In 2010, the tögrög rose 15% against the dollar, due to the growth of the mining industry in Mongolia. However, its exchange rate eroded by 24% from early 2013 to June 2014 due to falling foreign investment and mining revenue.

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

1865 Mongolian Tughrik to Australian Dollar exchange rates chart

1865 MNT to AUD exchange rates graph
1865 MNT to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

1865 MNT to AUD exchange rates table

Exchange MNT to AUD
1865 Mongolian Tughrik = 1.007 Australian Dollar
3730 Mongolian Tughrik = 2.013 Australian Dollar
9325 Mongolian Tughrik = 5.033 Australian Dollar
18650 Mongolian Tughrik = 10.066 Australian Dollar
Exchange Mongolian Tughrik to Australian Dollar
1865 Mongolian Tughrik to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

1865 MNT to AUD exchange rates news

Australian dollar slides
Australian dollar slides

Aussie dollar falls against the greenback.

indicative neutral
$A near multi-month highs amid Fed caution - 9Finance

Flaring Sino-US trade tensions have kept the Aussie dollar off its high, but the currency is still at a mul...

conditional neutral
Aussie, kiwi near multi-month highs as Fed caution weighs on dollar

SYDNEY, Nov 19- The Australia and New Zealand dollars held near multi-month peaks on Monday as the greenback stumbled on concerns about slowing.

indicative neutral

1865 MNT to AUD currency converter