South African Rand to Mongolian Tugrik | Bank

The South African Rand (ZAR) is the official currency of South Africa. It was introduced in 1961 when it replaced the South African pound. The Rand is also legal tender in the Common Monetary Area between South Africa, Eswatini, Lesotho, and Namibia.

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.