Mongolian Tugrik to Canadian Dollar — exchange rate

Country of Circulation: Mongolia

Currency Code, Symbol: MNT, ₮

Denominations of coins in circulation: 20, 50, 100, 200, 500 tögrög

Denominations of banknotes in circulation: 10, 20, 50, 100, 500, 1,000, 5,000, 10,000, 20,000 tögrög

History: The Mongolian tugrik (₮) is a currency issued and used only within Mongolia.In the global arena and on financial markets, it is abbreviated to MNT. The Mongolian tugrik could be subdivided into möngö.One MNT had 100 möngö, However, today the coins are not used due to low value.The currency has appeared in 1925, taking the place of the Mongolian dollar, Chinese and Russian money, and also modern currencies of Mongolia. Mongolia was also a part of the Soviet Union. However, it had never adopted the official Soviet currency, the ruble. The tugrik was an authentic currency even in the time of socialism.Read More

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More