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Easily convert KRW to MNT with ConvertOnline's efficient tool.
The South Korean Won (KRW) is the official currency of South Korea, introduced in 1945 to replace the Korean yen. It is a fiat currency, meaning its value is not backed by physical commodities but rather by the government that issues it. The Won is used for all transactions within South Korea and is subdivided into 100 jeon, though the use of jeon is largely obsolete in everyday transactions.
The Mongolian Tögrög (MNT) is the official currency of Mongolia, introduced in 1925 to replace the Mongolian dollar. It serves as the primary medium of exchange in the country, facilitating trade and commerce in both local and international markets.