Convert Bulgarian Lev to Mongolian Tugrik
Convert Bulgarian Lev (BGN) to Mongolian Tugrik (MNT) using daily updated exchange rates.
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Exchange Rate
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About Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, with a history dating to 1880 when it replaced the Turkish piastre after Bulgaria's liberation. The word "lev" means "lion" in Bulgarian. Following a severe financial crisis in 1996-1997, a currency board was established and the lev was pegged first to the Deutsche Mark and then to the Euro at 1.95583 BGN per EUR. Bulgaria is an EU member since 2007 and is working towards adopting the Euro. The Bulgarian National Bank issues the lev, which is divided into 100 stotinki.
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
| Bulgarian Lev (BGN) | 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).