Mongolian Tugrik somali shilling history for December 2023. The highest quote for this month is 0.16654 (29/12/2023) and the lowest 0.16654 (28/12/2023). The difference between high and low is 0.
MNT SOS average rate for December 2023 is 0.16602, the change between 01/12/2023 and 31/12/2023 is -0.63 %.
| 01 December 2023 | 1 MNT = 0.1655 SOS |
| 04 December 2023 | 1 MNT = 0.1655 SOS |
| 05 December 2023 | 1 MNT = 0.1656 SOS |
| 06 December 2023 | 1 MNT = 0.1656 SOS |
| 07 December 2023 | 1 MNT = 0.1658 SOS |
| 08 December 2023 | 1 MNT = 0.1658 SOS |
| 11 December 2023 | 1 MNT = 0.1658 SOS |
| 12 December 2023 | 1 MNT = 0.1658 SOS |
| 13 December 2023 | 1 MNT = 0.1660 SOS |
| 14 December 2023 | 1 MNT = 0.1661 SOS |
| 15 December 2023 | 1 MNT = 0.1661 SOS |
| 18 December 2023 | 1 MNT = 0.1661 SOS |
| 19 December 2023 | 1 MNT = 0.1662 SOS |
| 20 December 2023 | 1 MNT = 0.1662 SOS |
| 21 December 2023 | 1 MNT = 0.1662 SOS |
| 22 December 2023 | 1 MNT = 0.1662 SOS |
| 26 December 2023 | 1 MNT = 0.1664 SOS |
| 27 December 2023 | 1 MNT = 0.1665 SOS |
| 28 December 2023 | 1 MNT = 0.1665 SOS |
| 29 December 2023 | 1 MNT = 0.1665 SOS |
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.
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.
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.