Historic Mongolian Tugrik Thai baht

Mongolian Tugrik thai baht history for February 2024. The highest quote for this month is 0.010667 (20/02/2024) and the lowest 0.010616 (14/02/2024). The difference between high and low is 0.48.

MNT THB average rate for February 2024 is 0.01056, the change between 01/02/2024 and 29/02/2024 is -1.67 %.

01 February 20241 MNT = 0.0105 THB
02 February 20241 MNT = 0.0104 THB
03 February 20241 MNT = 0.0105 THB
04 February 20241 MNT = 0.0104 THB
05 February 20241 MNT = 0.0105 THB
06 February 20241 MNT = 0.0105 THB
07 February 20241 MNT = 0.0105 THB
08 February 20241 MNT = 0.0104 THB
09 February 20241 MNT = 0.0106 THB
12 February 20241 MNT = 0.0106 THB
13 February 20241 MNT = 0.0106 THB
14 February 20241 MNT = 0.0106 THB
15 February 20241 MNT = 0.0106 THB
16 February 20241 MNT = 0.0106 THB
17 February 20241 MNT = 0.0106 THB
18 February 20241 MNT = 0.0107 THB
19 February 20241 MNT = 0.0106 THB
20 February 20241 MNT = 0.0107 THB
21 February 20241 MNT = 0.0106 THB
22 February 20241 MNT = 0.0106 THB
23 February 20241 MNT = 0.0106 THB
24 February 20241 MNT = 0.0106 THB
25 February 20241 MNT = 0.0106 THB
26 February 20241 MNT = 0.0106 THB
27 February 20241 MNT = 0.0106 THB
28 February 20241 MNT = 0.0106 THB
29 February 20241 MNT = 0.0106 THB

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

01/12/1925: Introduction of the Tugrik Currency

Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.
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