Convert Indian Rupee to Mongolian Tugrik
Convert Indian Rupee (INR) to Mongolian Tugrik (MNT) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Indian Rupee
The Indian Rupee (INR) is the official currency of India, the world's most populous country and fifth largest economy. The name "rupee" derives from the Sanskrit "rupyakam" (silver coin), used since the Maurya Empire around 300 BCE. The Reserve Bank of India (RBI) manages monetary policy. The rupee was decimalised in 1957 and is divided into 100 paise, though paise coins below 50 are no longer in circulation. India's economy is driven by information technology services, pharmaceuticals, textiles, agriculture, and rapidly growing manufacturing.
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
| Indian Rupee (INR) | Mongolian Tugrik (MNT) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).