Historic United States dollar Mongolian Tugrik

United States dollar mongolian tugrik history for February 2024. The highest quote for this month is 3401.47 (01/02/2024) and the lowest 3400.4 (04/02/2024). The difference between high and low is 0.03.

USD MNT average rate for February 2024 is 3392.28704, the change between 01/02/2024 and 29/02/2024 is +0.53 %.

01 February 20241 USD = 3399.92 MNT
02 February 20241 USD = 3400.40 MNT
03 February 20241 USD = 3400.40 MNT
04 February 20241 USD = 3400.40 MNT
05 February 20241 USD = 3399.82 MNT
06 February 20241 USD = 3397.78 MNT
07 February 20241 USD = 3397.47 MNT
08 February 20241 USD = 3396.04 MNT
09 February 20241 USD = 3395.09 MNT
12 February 20241 USD = 3395.05 MNT
13 February 20241 USD = 3394.91 MNT
14 February 20241 USD = 3394.73 MNT
15 February 20241 USD = 3391.87 MNT
16 February 20241 USD = 3392.15 MNT
17 February 20241 USD = 3392.15 MNT
18 February 20241 USD = 3392.15 MNT
19 February 20241 USD = 3392.15 MNT
20 February 20241 USD = 3388.59 MNT
21 February 20241 USD = 3388.16 MNT
22 February 20241 USD = 3387.01 MNT
23 February 20241 USD = 3386.98 MNT
24 February 20241 USD = 3386.98 MNT
25 February 20241 USD = 3386.98 MNT
26 February 20241 USD = 3385.61 MNT
27 February 20241 USD = 3384.46 MNT
28 February 20241 USD = 3382.61 MNT
29 February 20241 USD = 3381.89 MNT

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.