MNT to AWG

Convert Mongolian Tögrög to Aruban Florin

1 MNT = 0.0005 AWG

Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

Divide the amount in Mongolian Tögrög (MNT) by 10000 and multiply by 5 to get it in Aruban Florin (AWG)

How to convert Mongolian Tögrög to Aruban Florin

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert MNT to AWG

The cost of converting MNT to AWG depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Mongolian Tögrög to Aruban Florins conversion rates

1 MNT0.00 AWG
5 MNT0.00 AWG
10 MNT0.01 AWG
20 MNT0.01 AWG
50 MNT0.03 AWG
100 MNT0.05 AWG
250 MNT0.13 AWG
500 MNT0.27 AWG
1000 MNT0.53 AWG
2000 MNT1.06 AWG
5000 MNT2.65 AWG
10000 MNT5.30 AWG
1 AWG1,885.86 MNT
5 AWG9,429.31 MNT
10 AWG18,858.62 MNT
20 AWG37,717.24 MNT
50 AWG94,293.09 MNT
100 AWG188,586.19 MNT
250 AWG471,465.47 MNT
500 AWG942,930.94 MNT
1000 AWG1,885,861.88 MNT
2000 AWG3,771,723.76 MNT
5000 AWG9,429,309.41 MNT
10000 AWG18,858,618.81 MNT

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How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

MNT, also known as the Mongolian Tugrik, is the official currency of Mongolia. It is issued and regulated by the Bank of Mongolia. The MNT is only considered legal tender in Mongolia and cannot be used as a form of currency in any other country.

AWG, or the Aruban Florin, is the official currency of Aruba, a Caribbean island nation. It is issued and regulated by the Central Bank of Aruba. The AWG can only be used as legal tender within the territory of Aruba.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Mongolia€60€20
Aruba€#N/A€#N/A
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.