Convert Nigerian Naira to Mongolian Tugrik
Convert Nigerian Naira (NGN) to Mongolian Tugrik (MNT) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, Africa's most populous country and largest economy by GDP. Introduced in 1973 to replace the Nigerian pound, the naira has experienced severe long-term depreciation relative to major currencies. The Central Bank of Nigeria (CBN) manages monetary policy. Nigeria is a major oil producer - crude oil and natural gas account for the vast majority of government revenues and export earnings. The economy has faced structural challenges including dependence on oil, inflation, currency shortages, and foreign exchange controls.
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
| Nigerian Naira (NGN) | 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).