Historic Comorian Franc Mongolian Tugrik

Comorian Franc mongolian tugrik history for December 2023. The highest quote for this month is 7.6997 (28/12/2023) and the lowest 7.6956 (28/12/2023). The difference between high and low is 0.05.

KMF MNT average rate for December 2023 is 7.58058, the change between 01/12/2023 and 31/12/2023 is -0.51 %.

01 December 20231 KMF = 7.66 MNT
02 December 20231 KMF = 7.59 MNT
03 December 20231 KMF = 7.58 MNT
04 December 20231 KMF = 7.59 MNT
05 December 20231 KMF = 7.59 MNT
06 December 20231 KMF = 7.52 MNT
07 December 20231 KMF = 7.51 MNT
08 December 20231 KMF = 7.52 MNT
10 December 20231 KMF = 7.48 MNT
11 December 20231 KMF = 7.49 MNT
12 December 20231 KMF = 7.49 MNT
13 December 20231 KMF = 7.49 MNT
14 December 20231 KMF = 7.50 MNT
15 December 20231 KMF = 7.49 MNT
16 December 20231 KMF = 7.59 MNT
17 December 20231 KMF = 7.59 MNT
18 December 20231 KMF = 7.49 MNT
19 December 20231 KMF = 7.64 MNT
20 December 20231 KMF = 7.62 MNT
21 December 20231 KMF = 7.62 MNT
22 December 20231 KMF = 7.62 MNT
23 December 20231 KMF = 7.65 MNT
24 December 20231 KMF = 7.65 MNT
26 December 20231 KMF = 7.64 MNT
27 December 20231 KMF = 7.66 MNT
28 December 20231 KMF = 7.70 MNT
29 December 20231 KMF = 7.70 MNT

18/01/2021: Suspension of Eco adoption

The Central Bank of the Comoros suspended the adoption of the Eco currency, retaining the Comorian Franc as the official currency.

01/01/2019: Replacement of the Franc by the Eco

Comoros agreed to replace the Comorian Franc with the proposed Eco currency, along with other West African countries.

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.

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.

01/07/1997: Revaluation of the Comorian Franc

The Comorian Franc was revalued at a ratio of 1 new Franc to 75 old Francs, reducing the value of the currency.

20/06/1994: Introduction of the New Comorian Franc

Comoros introduced a new series of banknotes and coins, replacing the old Comorian Franc.

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.

01/01/1976: Establishment of the Central Bank of Comoros

The Central Bank of Comoros was established to manage the monetary policies and issue the Comorian Franc.

06/07/1975: Independence of Comoros

Comoros gained independence from France, but continued using the Comorian Franc as its currency.

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.

01/01/1920: Introduction of the Comorian Franc

The Comorian Franc was introduced as the official currency of Comoros by the French colonial administration.