Convert Russian Ruble to Mongolian Tugrik
Convert Russian Ruble (RUB) to Mongolian Tugrik (MNT) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Russian Ruble
The Russian Ruble (RUB) is one of the world's oldest currencies, with roots dating to the 13th century as a silver ingot used in medieval Kievan Rus. The Bank of Russia manages monetary policy with a floating exchange rate, adopted in 2014. Following Russia's invasion of Ukraine in February 2022, the ruble experienced a sharp depreciation due to unprecedented international sanctions but subsequently recovered due to capital controls, mandatory export revenue conversion, and high energy prices.
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
| Russian Ruble (RUB) | 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).