1000 Mongolian Tugrik to Panamanian Balboa | Bank

The Mongolian Tugrik (MNT) is the official currency of Mongolia. It was introduced in 1925 and has been serving as the national currency since then. The Tugrik facilitates domestic trade and financial transactions within the Mongolian economy.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.