Colombian Peso mongolian tugrik exchange rate history (COP MNT) December 2023

Colombian Peso mongolian tugrik history for December 2023. The highest quote for this month is 0.89035 (28/12/2023) and the lowest 0.89328 (28/12/2023). The difference between high and low is -0.33.

COP MNT average rate for December 2023 is 0.8661, the change between 01/12/2023 and 31/12/2023 is -2.83 %.

01 December 2023	1 COP = 0.8549 MNT
02 December 2023	1 COP = 0.8662 MNT
03 December 2023	1 COP = 0.8662 MNT
04 December 2023	1 COP = 0.8637 MNT
05 December 2023	1 COP = 0.8536 MNT
06 December 2023	1 COP = 0.8553 MNT
07 December 2023	1 COP = 0.8567 MNT
08 December 2023	1 COP = 0.8570 MNT
10 December 2023	1 COP = 0.8603 MNT
11 December 2023	1 COP = 0.8676 MNT
12 December 2023	1 COP = 0.8637 MNT
13 December 2023	1 COP = 0.8582 MNT
14 December 2023	1 COP = 0.8620 MNT
15 December 2023	1 COP = 0.8624 MNT
16 December 2023	1 COP = 0.8673 MNT
17 December 2023	1 COP = 0.8673 MNT
18 December 2023	1 COP = 0.8664 MNT
19 December 2023	1 COP = 0.8689 MNT
20 December 2023	1 COP = 0.8671 MNT
21 December 2023	1 COP = 0.8674 MNT
22 December 2023	1 COP = 0.8663 MNT
23 December 2023	1 COP = 0.8747 MNT
24 December 2023	1 COP = 0.8741 MNT
26 December 2023	1 COP = 0.8639 MNT
27 December 2023	1 COP = 0.8845 MNT
28 December 2023	1 COP = 0.8899 MNT
29 December 2023	1 COP = 0.8791 MNT

01/01/2017: Floating Exchange Rate Regime

Mongolia adopts a fully floating exchange rate regime for the Tugrik, allowing the currency's value to be determined by market forces without intervention from the central bank.

02/12/2016: Peace Agreement Impact

After the signing of the peace agreement with FARC, the Colombian Peso strengthened and saw improvements in the economy.

26/06/2009: Currency Redenomination

Mongolia redenominates its currency, replacing the old Tugrik banknotes with new ones at a ratio of 1 to 1000, in an effort to simplify transactions and reduce inflation.

24/07/2001: Exchange rate flexibility

Colombia allowed the Colombian Peso to have a flexible exchange rate, transitioning from a fixed exchange rate system.

21/10/1999: Colombia's Financial Crisis

Colombia faced a financial crisis resulting in a devaluation of the Peso and an economic recession.

06/03/1993: Mongolia Joins IMF

Mongolia becomes a member of the International Monetary Fund (IMF), influencing monetary policies and further shaping the development of the Tugrik currency.

01/07/1992: Tugrik Exchange Rate Liberalization

Mongolia liberalizes the exchange rate of the Tugrik, allowing it to fluctuate based on market forces and paving the way for a more flexible currency system.

21/12/1991: Transition to Market Economy

Mongolia undergoes a transition from a centrally planned economy to a market economy, leading to major changes in the Tugrik currency system.

04/07/1991: Introduction of a New Peso

A new Peso was introduced with a higher value, replacing the old Peso due to high inflation.

12/06/1953: Creation of Banco de la República

The central bank of Colombia, Banco de la República, was established to regulate and control the Colombian Peso.

04/07/1946: Mongolian People's Bank Established

The Mongolian People's Bank is established as the central bank of Mongolia, responsible for issuing and managing the Tugrik currency.

01/12/1925: Introduction of the Tugrik Currency

Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.

31/07/1886: Adoption of the Gold Standard

Colombia adopted the gold standard, linking the value of the Peso to gold, stabilizing the currency.

27/05/1837: Introduction of the Peso

The Colombian Peso was introduced as the official currency of Colombia, replacing the Spanish real.

Historic Colombian Peso Mongolian Tugrik