Historic Mongolian Tugrik Rwandan franc

Mongolian Tugrik rwandan franc history for January 2024. The highest quote for this month is 0.37383 (24/01/2024) and the lowest 0.37059 (28/01/2024). The difference between high and low is 0.87.

MNT RWF average rate for January 2024 is 0.36866, the change between 01/01/2024 and 31/01/2024 is -1.25 %.

01 January 20241 MNT = 0.3659 RWF
02 January 20241 MNT = 0.3662 RWF
03 January 20241 MNT = 0.3697 RWF
04 January 20241 MNT = 0.3670 RWF
05 January 20241 MNT = 0.3666 RWF
06 January 20241 MNT = 0.3683 RWF
07 January 20241 MNT = 0.3683 RWF
08 January 20241 MNT = 0.3655 RWF
09 January 20241 MNT = 0.3666 RWF
10 January 20241 MNT = 0.3667 RWF
11 January 20241 MNT = 0.3667 RWF
12 January 20241 MNT = 0.3671 RWF
14 January 20241 MNT = 0.3690 RWF
15 January 20241 MNT = 0.3723 RWF
16 January 20241 MNT = 0.3697 RWF
17 January 20241 MNT = 0.3680 RWF
18 January 20241 MNT = 0.3693 RWF
19 January 20241 MNT = 0.3693 RWF
22 January 20241 MNT = 0.3731 RWF
23 January 20241 MNT = 0.3696 RWF
24 January 20241 MNT = 0.3690 RWF
25 January 20241 MNT = 0.3698 RWF
26 January 20241 MNT = 0.3696 RWF
28 January 20241 MNT = 0.3706 RWF
29 January 20241 MNT = 0.3693 RWF
30 January 20241 MNT = 0.3704 RWF
31 January 20241 MNT = 0.3704 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.