XCD to MNT
Currency conversion rates from XCD to MNT
|1 XCD||1 MNT|
|5 XCD||5 MNT|
|10 XCD||10 MNT|
|20 XCD||20 MNT|
|50 XCD||50 MNT|
|100 XCD||100 MNT|
|250 XCD||250 MNT|
|500 XCD||500 MNT|
|1000 XCD||1000 MNT|
|2000 XCD||2000 MNT|
|5000 XCD||5000 MNT|
|10000 XCD||10000 MNT|
|1 MNT||1 XCD|
|5 MNT||5 XCD|
|10 MNT||10 XCD|
|20 MNT||20 XCD|
|50 MNT||50 XCD|
|100 MNT||100 XCD|
|250 MNT||250 XCD|
|500 MNT||500 XCD|
|1000 MNT||1000 XCD|
|2000 MNT||2000 XCD|
|5000 MNT||5000 XCD|
|10000 MNT||10000 XCD|
MNT - Mongolian Tugrik (MNT)
The Mongolian Tögrög or Tugrik is the official currency of Mongolia. The banknotes are in denominations of 1, 3, 5, 10, 20, 50, 100, 500, 1,000, 5,000, and 10,000; coins are in denominations of 20, 50, 100, and 200. Importing of local currency is limited to 815 Tugrik. Exporting local and foreign currencies is also limited to 815 Tugrik.
The Mongolian Tugrik is the currency in Mongolia (MN, MNG). The symbol for MNT can be written Tug. The Mongolian Tugrik is divided into 100 mongos. The exchange rate for the Mongolian Tugrik was last updated on May 24, 2019 from Yahoo Finance. The MNT conversion factor has 5 significant digits.
- Mongolia’s economy has relied on the agricultural and herding sectors.
- The country has extensive mineral deposits.
- The economy improved in 2002–2003 as a result of increased copper and gold production.
- The Mongolian economy is highly sensitive to activity in neighboring countries. For instance, Mongolia relies on Russia for >90% of its petroleum product imports as well as a high proportion of its electric power, making the country very susceptible to price increases.
- Mongolia’s main export trading partner is China, which is also considered Mongolia’s “shadow” economy.
- In 1997 Mongolia joined the World Trade Organization and intends to join Asian regional economic and trade organizations.
- On April 1, 1928 the Tugrik replaced the Mongolian Dollar and other currencies and became the only legal currency in Mongolia.
- Before other currencies were used in Mongolia, the mongo was also part of the currency history. It is no longer in the circulation because of its very low value. They became collectibles and novelties for tourists on the country.
- In 2010, the ratio of Tugrik to US Dollar increased by 15% - the highest exchange rate gain in the world.
XCD - East Caribbean Dollar ($)
East Caribbean Dollar
The East Caribbean dollar is the currency used in eight of the nine nations in the Organisation of Eastern Caribbean States — Antigua and Barbuda, Dominica, Grenada, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Anguilla (UK Territory), and Montserrat (UK Territory). The British Virgin Islands is the only member of the OECS that uses its own currency. The East Caribbean Dollar is designated by EC$ and has been pegged to the US Dollar at US$1 = EC$2.70 since 1976.
The East Caribbean Dollar is the currency in Antigua and Barbuda (AG, ATG), Dominica (DM, DMA), Grenada (GD, GRD), Saint Kitts and Nevis (KN, KNA), Saint Lucia (LC, LCA), and Saint Vincent and the Grenadines (VC, VCT). The symbol for XCD can be written EC$. The East Caribbean Dollar is divided into 100 cents. The exchange rate for the East Caribbean Dollar was last updated on May 24, 2019 from Yahoo Finance. The XCD conversion factor has 2 significant digits.
- The economies of the OECS member states vary significantly, but most of them rely upon tourism and agriculture to varying extents. Offshore banking also represents a large proportion of the GDP for several of the OECS nations.
- Many of the islands are home to multinational corporations, typically in financial services, who have large offices in a few of the OECS nations to take advantage of low or no taxation.
- As the member states are small island nations, they are heavily reliant upon imports. Exportation is relatively limited, though some of the nations do export agricultural products such as bananas, and cocoa.
- Prior to 1965, OECS members were part of the West Indies Federation, using BWI$ as their currency. However many members of the WIF either did not adopt the BWI$. Trinidad and Tobago withdrew from the union in 1964, leading to a lack of support for the BWI$.
- In 1965, the British West Indies Dollar was replaced at par by the East Caribbean Dollar.
- In 1966, British Guiana withdrew from the currency union, and in 1972, Barbados also withdrew from the currency union.
- Between 1965 and 1983, the Eastern Caribbean Currency Authority issued the EC$, with notes and coins from 1965 from 1981.
- The Eastern Caribbean Central Bank, based in Basseterre, Saint Kitts and Nevis was created by the Eastern Caribbean Central Bank Agreement signed in Port of Spain on July 5, 1983.