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About this currency pair
Mongolian Tugrik (MNT) — the currency of Mongolia
The tugrik has been Mongolia’s modern currency since the 20th century and is tied to mining, trade and travel conversions. The Mongolian Tugrik is used in Mongolia, where it provides the reference for local prices, wages, public payments, bank accounts and invoices. Conversions are useful for travel, remittances, local pricing, accounting records and comparing costs with larger international currencies. For conversion pages, MNT is useful when translating local prices into major reference currencies or comparing historical and current market values.
Japanese Yen (JPY) — a major international currency
The Japanese yen is Japan’s currency and a major Asian currency in foreign-exchange markets. It is frequently used for trade, technology and manufacturing invoices, travel budgets, investment reporting and price comparisons involving Japan. Yen amounts are often shown without decimal places, so JPY conversions are especially useful when comparing everyday prices with currencies that use cents or similar minor units.