Historic Mongolian Tugrik Rwandan franc

Mongolian Tugrik rwandan franc history for February 2024. The highest quote for this month is 0.37923 (27/02/2024) and the lowest 0.37417 (24/02/2024). The difference between high and low is 1.33.

MNT RWF average rate for February 2024 is 0.37193, the change between 01/02/2024 and 29/02/2024 is -0.35 %.

01 February 20241 MNT = 0.3712 RWF
02 February 20241 MNT = 0.3705 RWF
03 February 20241 MNT = 0.3713 RWF
04 February 20241 MNT = 0.3713 RWF
05 February 20241 MNT = 0.3731 RWF
06 February 20241 MNT = 0.3704 RWF
07 February 20241 MNT = 0.3718 RWF
08 February 20241 MNT = 0.3722 RWF
09 February 20241 MNT = 0.3717 RWF
12 February 20241 MNT = 0.3700 RWF
13 February 20241 MNT = 0.3720 RWF
14 February 20241 MNT = 0.3723 RWF
15 February 20241 MNT = 0.3694 RWF
16 February 20241 MNT = 0.3691 RWF
17 February 20241 MNT = 0.3730 RWF
18 February 20241 MNT = 0.3730 RWF
19 February 20241 MNT = 0.3712 RWF
20 February 20241 MNT = 0.3715 RWF
21 February 20241 MNT = 0.3698 RWF
22 February 20241 MNT = 0.3697 RWF
23 February 20241 MNT = 0.3705 RWF
24 February 20241 MNT = 0.3742 RWF
25 February 20241 MNT = 0.3742 RWF
26 February 20241 MNT = 0.3723 RWF
27 February 20241 MNT = 0.3738 RWF
28 February 20241 MNT = 0.3802 RWF
29 February 20241 MNT = 0.3725 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan 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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.