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.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

1954 Mongolian Tughrik to Canadian Dollar exchange rates chart

1954 MNT to CAD exchange rates graph
1954 MNT to CAD 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.

1954 MNT to CAD exchange rates table

Exchange MNT to CAD
1954 Mongolian Tughrik = 1.003 Canadian Dollar
3908 Mongolian Tughrik = 2.005 Canadian Dollar
9770 Mongolian Tughrik = 5.013 Canadian Dollar
19540 Mongolian Tughrik = 10.027 Canadian Dollar
Exchange Mongolian Tughrik to Canadian Dollar
1954 Mongolian Tughrik to Canadian 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.

1954 MNT to CAD exchange rates news

GBP/CAD Outlook: Pound V Canadian Dollar Exchange Rate Plunges As Oil Prices Jump

Following a mixed week for the Canadian Dollar, the British Pound to Canadian Dollar (GBP/CAD) exchange rate plunged on Monday as investors reacted to a surge in oil prices, as well as some concerning Brexit speculation

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CANADA STOCKS-Futures decline as oil prices slip

Canada's main stock index futures fell on Friday, as a fall in oil prices due to increased global supply of crude dragged down energy shares.

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1954 MNT to CAD currency converter