Historic Mongolian Tugrik Hungarian forint

Mongolian Tugrik hungarian forint history for November 2023. The highest quote for this month is 0.10583 (01/11/2023) and the lowest 0.10475 (01/11/2023). The difference between high and low is 1.02.

MNT HUF average rate for November 2023 is 0.1012, the change between 01/11/2023 and 30/11/2023 is +4.31 %.

01 November 20231 MNT = 0.1048 HUF
06 November 20231 MNT = 0.1023 HUF
07 November 20231 MNT = 0.1027 HUF
08 November 20231 MNT = 0.1026 HUF
09 November 20231 MNT = 0.0938 HUF
10 November 20231 MNT = 0.1032 HUF
12 November 20231 MNT = 0.1025 HUF
13 November 20231 MNT = 0.1024 HUF
14 November 20231 MNT = 0.1024 HUF
15 November 20231 MNT = 0.1003 HUF
16 November 20231 MNT = 0.1007 HUF
17 November 20231 MNT = 0.1008 HUF
18 November 20231 MNT = 0.1009 HUF
19 November 20231 MNT = 0.1009 HUF
20 November 20231 MNT = 0.1007 HUF
21 November 20231 MNT = 0.1009 HUF
22 November 20231 MNT = 0.1013 HUF
23 November 20231 MNT = 0.1018 HUF
24 November 20231 MNT = 0.1012 HUF
26 November 20231 MNT = 0.1011 HUF
27 November 20231 MNT = 0.1009 HUF
28 November 20231 MNT = 0.1008 HUF
29 November 20231 MNT = 0.0998 HUF
30 November 20231 MNT = 0.1003 HUF

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.

09/03/2012: Introduction of New Banknotes

Hungary introduced new banknotes with enhanced security features, aiming to combat counterfeiting and improve the forint's credibility.

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.

23/10/2008: Global Financial Crisis

The global financial crisis had a significant impact on the Hungarian forint, resulting in a significant depreciation against major foreign currencies.

01/05/2004: Accession to the European Union

Hungary joined the European Union, bringing the forint closer to the eurozone and influencing its future trajectory as an EU currency.

28/02/2001: Currency Exchange Rate Stability

The Hungarian government adopted a policy of maintaining a stable exchange rate for the forint against the euro, contributing to the currency's stability.

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.

16/06/1989: Transition to a Market Economy

Hungary implemented economic reforms, including the transition from a planned economy to a market economy, with significant impacts on the forint's value and exchange rate.

20/08/1949: Forint becomes a planned economy currency

Hungary's currency, including the forint, became part of the planned socialist economy under the control of the Hungarian Workers' Party.

03/08/1946: Introduction of the Forint

The forint was introduced as the official currency of Hungary, replacing the previous pengő, which had been severely devalued during World War II.

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.