Historic Singapore dollar Mongolian Tugrik

Singapore dollar mongolian tugrik history for October 2023. The highest quote for this month is 2533.21 (11/10/2023) and the lowest 2537.65 (11/10/2023). The difference between high and low is -0.18.

SGD MNT average rate for October 2023 is 2521.81333, the change between 01/10/2023 and 31/10/2023 is +0.24 %.

01 October 20231 SGD = 2532.43 MNT
03 October 20231 SGD = 2517.59 MNT
04 October 20231 SGD = 2517.41 MNT
06 October 20231 SGD = 2526.74 MNT
07 October 20231 SGD = 2531.31 MNT
09 October 20231 SGD = 2529.28 MNT
10 October 20231 SGD = 2532.43 MNT
11 October 20231 SGD = 2534.87 MNT
13 October 20231 SGD = 2521.51 MNT
16 October 20231 SGD = 2521.76 MNT
17 October 20231 SGD = 2522.27 MNT
18 October 20231 SGD = 2522.86 MNT
19 October 20231 SGD = 2514.44 MNT
20 October 20231 SGD = 2514.55 MNT
21 October 20231 SGD = 2515.69 MNT
22 October 20231 SGD = 2515.39 MNT
23 October 20231 SGD = 2513.85 MNT
24 October 20231 SGD = 2524.12 MNT
25 October 20231 SGD = 2521.99 MNT
26 October 20231 SGD = 2512.91 MNT
27 October 20231 SGD = 2519.75 MNT
29 October 20231 SGD = 2516.98 MNT
30 October 20231 SGD = 2517.01 MNT
31 October 20231 SGD = 2526.38 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.