Historic Colombian Peso Mongolian Tugrik

Colombian Peso mongolian tugrik history for January 2024. The highest quote for this month is 0.87834 (01/01/2024) and the lowest 0.89022 (02/01/2024). The difference between high and low is -1.35.

COP MNT average rate for January 2024 is 0.87227, the change between 01/01/2024 and 31/01/2024 is +2.39 %.

01 January 20241 COP = 0.8891 MNT
02 January 20241 COP = 0.8783 MNT
03 January 20241 COP = 0.8774 MNT
04 January 20241 COP = 0.8749 MNT
05 January 20241 COP = 0.8682 MNT
06 January 20241 COP = 0.8773 MNT
07 January 20241 COP = 0.8773 MNT
08 January 20241 COP = 0.8800 MNT
09 January 20241 COP = 0.8781 MNT
10 January 20241 COP = 0.8657 MNT
11 January 20241 COP = 0.8664 MNT
12 January 20241 COP = 0.8704 MNT
14 January 20241 COP = 0.8707 MNT
15 January 20241 COP = 0.8815 MNT
16 January 20241 COP = 0.8718 MNT
17 January 20241 COP = 0.8632 MNT
18 January 20241 COP = 0.8610 MNT
19 January 20241 COP = 0.8691 MNT
22 January 20241 COP = 0.8804 MNT
23 January 20241 COP = 0.8734 MNT
24 January 20241 COP = 0.8612 MNT
25 January 20241 COP = 0.8705 MNT
26 January 20241 COP = 0.8645 MNT
28 January 20241 COP = 0.8724 MNT
29 January 20241 COP = 0.8743 MNT
30 January 20241 COP = 0.8664 MNT
31 January 20241 COP = 0.8679 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.
COP MNT December 2023
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