Historic Israeli Sheqel Mongolian Tugrik

Israeli Sheqel mongolian tugrik history for August 2023. The highest quote for this month is 940.74 (01/08/2023) and the lowest 951.09 (07/08/2023). The difference between high and low is -1.1.

ILS MNT average rate for August 2023 is 933.59333, the change between 01/08/2023 and 31/08/2023 is +2.93 %.

01 August 20231 ILS = 943.0 MNT
03 August 20231 ILS = 943.5 MNT
04 August 20231 ILS = 939.9 MNT
07 August 20231 ILS = 949.3 MNT
08 August 20231 ILS = 940.5 MNT
10 August 20231 ILS = 940.5 MNT
12 August 20231 ILS = 931.0 MNT
14 August 20231 ILS = 931.0 MNT
15 August 20231 ILS = 927.2 MNT
17 August 20231 ILS = 926.1 MNT
20 August 20231 ILS = 916.0 MNT
21 August 20231 ILS = 915.3 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of the currency.

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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

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.