Historic Mongolian Tugrik Surinamese dollar

01/01/2019: Redenomination of the Surinamese dollar

The Surinamese dollar underwent a redenomination with 1 new dollar (SRD) being equal to 1,000 old dollars (SRG).

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.

01/01/2011: Introduction of new banknotes

New banknotes with updated designs and security features were introduced to replace the older series of Surinamese dollar banknotes.

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.

01/01/2004: Replacement of banknotes

New banknotes were introduced with enhanced security features to replace the older series of Surinamese dollar banknotes.

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.

23/12/1991: Devaluation of the Surinamese dollar

The Surinamese dollar was devalued by 100%, resulting in an exchange rate of 1 dollar to 200 guilders.

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.

01/10/1985: Introduction of the Surinamese dollar

The Surinamese dollar was introduced as the new currency of Suriname at a rate of 1 dollar to 1,000 guilders.

01/01/1962: Introduction of the Surinamese guilder

The Surinamese guilder was introduced as the official currency of Suriname, replacing the Dutch guilder.

31/12/1954: Independence of Suriname

Suriname gained independence from the Kingdom of the Netherlands, leading to the introduction of the Surinamese guilder as its official 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.