Historic Mongolian Tugrik Somali shilling

Mongolian Tugrik somali shilling history for November 2023. The highest quote for this month is 0.1654 (30/11/2023) and the lowest 0.16546 (30/11/2023). The difference between high and low is -0.04.

MNT SOS average rate for November 2023 is 0.16437, the change between 01/11/2023 and 30/11/2023 is -0.44 %.

01 November 20231 MNT = 0.1647 SOS
06 November 20231 MNT = 0.1646 SOS
07 November 20231 MNT = 0.1649 SOS
08 November 20231 MNT = 0.1649 SOS
09 November 20231 MNT = 0.1505 SOS
10 November 20231 MNT = 0.1650 SOS
13 November 20231 MNT = 0.1650 SOS
14 November 20231 MNT = 0.1650 SOS
15 November 20231 MNT = 0.1650 SOS
16 November 20231 MNT = 0.1651 SOS
17 November 20231 MNT = 0.1651 SOS
20 November 20231 MNT = 0.1652 SOS
21 November 20231 MNT = 0.1652 SOS
22 November 20231 MNT = 0.1652 SOS
23 November 20231 MNT = 0.1652 SOS
24 November 20231 MNT = 0.1653 SOS
27 November 20231 MNT = 0.1653 SOS
28 November 20231 MNT = 0.1654 SOS
29 November 20231 MNT = 0.1654 SOS
30 November 20231 MNT = 0.1655 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.