MNT to PHP Exchange Rate - Convert Mongolian Tugrik to Philippine Peso

Converting from Mongolian Tugrik (MNT) to Philippine Peso (PHP)

What is Mongolian Tugrik (MNT)

The Mongolian Tugrik (MNT) is the official currency of Mongolia. Introduced in 1925, the Tugrik has undergone several changes in its design and value to reflect the economic conditions of the country. Dominating the currency system, the Tugrik is subdivided into 100 möngö. The symbol for the Tugrik is ₮, and its ISO code is MNT.

The Tugrik is primarily used for daily transactions in Mongolia. Its value is influenced by various factors, including government policy, inflation rates, and global market trends. Understanding the Tugrik's value and how to convert it is essential for individuals involved in trade, travel, or sending remittances to Mongolia.

Exchange rates fluctuate regularly, and it is important to keep up with current rates when planning your financial activities that involve the Tugrik. To convert Tugrik to other currencies, including the Philippine Peso, you would look up the current exchange rate provided by banks, financial institutions, or online currency converters.

What is Philippine Peso (PHP)

The Philippine Peso (PHP) is the official currency of the Philippines, represented by the symbol ₱ and the ISO code PHP. It has been in use since 1852, evolving significantly over the years, especially during the Spanish colonial period and after gaining independence.

The Philippine Peso is subdivided into 100 centavos, making it easy to understand and calculate various transactions. The currency plays a vital role within the Philippine economy and is critical for daily purchases, business exchanges, and financial investments.

Similar to the Tugrik, the value of the Philippine Peso is influenced by numerous factors, including economic performance, inflation rates, and political stability. When converting other currencies to PHP, it's important to be aware of the current market trends. Fluctuating exchange rates mean that the value of the peso can rise or fall in relative strength compared to other currencies, including the Mongolian Tugrik.

Converting MNT to PHP

To convert Mongolian Tugrik (MNT) to Philippine Peso (PHP), you will need to check the current exchange rate. For example, let’s assume the exchange rate is:

1 MNT = 0.000067 PHP

To convert a specific amount, multiply the amount in MNT by the exchange rate. For example, converting 1,000 MNT to PHP would look like this:

1,000 MNT × 0.000067 PHP/MNT = 0.067 PHP

Being aware of these conversions helps individuals and businesses manage their finances better when dealing with international transactions. Always ensure you use reliable sources for the most accurate and current exchange rates.

Mongolian Tugrik to Philippine Peso conversion table

MNT to PHP conversion table

Mongolian Tugrik (MNT)Philippine Peso (PHP)
1 MNT0.015761288 PHP
2 MNT0.031522576 PHP
3 MNT0.04728386399 PHP
4 MNT0.06304515199 PHP
5 MNT0.07880643999 PHP
6 MNT0.09456772799 PHP
7 MNT0.11032901599 PHP
8 MNT0.12609030398 PHP
9 MNT0.14185159198 PHP
10 MNT0.15761287998 PHP
100 MNT1.57612879979 PHP
200 MNT3.15225759958 PHP
300 MNT4.72838639937 PHP
400 MNT6.30451519915 PHP
500 MNT7.88064399894 PHP
600 MNT9.45677279873 PHP
700 MNT11.03290159852 PHP
800 MNT12.60903039831 PHP
900 MNT14.1851591981 PHP
1 000 MNT15.76128799789 PHP
2 000 MNT31.52257599577 PHP
5 000 MNT78.80643998943 PHP
10 000 MNT157.61287997887 PHP
20 000 MNT315.22575995774 PHP
50 000 MNT788.06439989434 PHP
100 000 MNT1 576.12879978868 PHP
Last updated April 25, 2025 at 02:55 PM