Historic United States dollar Mongolian Tugrik

United States dollar mongolian tugrik history for January 2024. The highest quote for this month is 3417.41 (03/01/2024) and the lowest 3410.69 (01/01/2024). The difference between high and low is 0.2.

USD MNT average rate for January 2024 is 3407.66815, the change between 01/01/2024 and 31/01/2024 is +0.27 %.

01 January 20241 USD = 3410.69 MNT
02 January 20241 USD = 3410.37 MNT
03 January 20241 USD = 3410.75 MNT
04 January 20241 USD = 3409.22 MNT
05 January 20241 USD = 3409.43 MNT
06 January 20241 USD = 3409.43 MNT
07 January 20241 USD = 3409.43 MNT
08 January 20241 USD = 3409.39 MNT
09 January 20241 USD = 3409.39 MNT
10 January 20241 USD = 3409.50 MNT
11 January 20241 USD = 3409.18 MNT
12 January 20241 USD = 3409.15 MNT
14 January 20241 USD = 3409.15 MNT
15 January 20241 USD = 3409.15 MNT
16 January 20241 USD = 3408.22 MNT
17 January 20241 USD = 3408.52 MNT
18 January 20241 USD = 3406.48 MNT
19 January 20241 USD = 3406.51 MNT
22 January 20241 USD = 3407.14 MNT
23 January 20241 USD = 3406.83 MNT
24 January 20241 USD = 3406.96 MNT
25 January 20241 USD = 3406.96 MNT
26 January 20241 USD = 3403.89 MNT
28 January 20241 USD = 3403.89 MNT
29 January 20241 USD = 3403.91 MNT
30 January 20241 USD = 3402.03 MNT
31 January 20241 USD = 3401.47 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.