Convert Afghan Afghani to Mongolian Tugrik
Convert Afghan Afghani (AFN) to Mongolian Tugrik (MNT) using daily updated exchange rates.
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Exchange Rate
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About Afghan Afghani
The Afghan Afghani (AFN) is the official currency of Afghanistan, reintroduced in 2002 after decades of conflict and monetary instability. The new afghani replaced the old afghani at a rate of 1,000 to 1, successfully reducing the denominations in circulation. Da Afghanistan Bank is the central bank responsible for its issuance. The afghani has experienced significant volatility in recent years due to political instability and international sanctions. The currency is divided into 100 pul, though pul coins are rarely used in practice due to their negligible value.
About Mongolian Tugrik
The Mongolian Tugrik (MNT) has been the official currency of Mongolia since 1925, introduced by the Mongolian People's Republic with Soviet assistance. The Bank of Mongolia manages monetary policy with a managed float regime. Mongolia is a vast landlocked nation wedged between Russia and China, with an economy dominated by mining - it is one of the world's top exporters of copper, coal, molybdenum, and gold. The tugrik's value fluctuates significantly with global commodity prices, particularly copper. The "Gobi" brand cashmere wool is also an important export.
Quick Reference Table
| Afghan Afghani (AFN) | Mongolian Tugrik (MNT) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).