Historic Singapore dollar Mongolian Tugrik

Singapore dollar mongolian tugrik history for February 2024. The highest quote for this month is 2535.06 (01/02/2024) and the lowest 2547.33 (02/02/2024). The difference between high and low is -0.48.

SGD MNT average rate for February 2024 is 2523.44741, the change between 01/02/2024 and 29/02/2024 is +0.94 %.

01 February 20241 SGD = 2536.48 MNT
02 February 20241 SGD = 2544.11 MNT
03 February 20241 SGD = 2533.83 MNT
04 February 20241 SGD = 2534.59 MNT
05 February 20241 SGD = 2530.59 MNT
06 February 20241 SGD = 2522.46 MNT
07 February 20241 SGD = 2528.52 MNT
08 February 20241 SGD = 2528.21 MNT
09 February 20241 SGD = 2520.84 MNT
12 February 20241 SGD = 2523.86 MNT
13 February 20241 SGD = 2524.55 MNT
14 February 20241 SGD = 2512.64 MNT
15 February 20241 SGD = 2516.67 MNT
16 February 20241 SGD = 2520.99 MNT
17 February 20241 SGD = 2520.55 MNT
18 February 20241 SGD = 2519.61 MNT
19 February 20241 SGD = 2521.44 MNT
20 February 20241 SGD = 2516.93 MNT
21 February 20241 SGD = 2521.57 MNT
22 February 20241 SGD = 2520.27 MNT
23 February 20241 SGD = 2523.27 MNT
24 February 20241 SGD = 2521.39 MNT
25 February 20241 SGD = 2522.14 MNT
26 February 20241 SGD = 2520.31 MNT
27 February 20241 SGD = 2517.67 MNT
28 February 20241 SGD = 2516.97 MNT
29 February 20241 SGD = 2512.62 MNT

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.
SGD MNT August 2023
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