Historic United States dollar Mongolian Tugrik

United States dollar mongolian tugrik history for October 2023. The highest quote for this month is 3459.5 (01/10/2023) and the lowest 3459.5 (01/10/2023). The difference between high and low is 0.

USD MNT average rate for October 2023 is 3452.33333, the change between 01/10/2023 and 31/10/2023 is +0.33 %.

01 October 20231 USD = 3459.50 MNT
03 October 20231 USD = 3457.48 MNT
04 October 20231 USD = 3457.48 MNT
06 October 20231 USD = 3454.99 MNT
07 October 20231 USD = 3454.99 MNT
09 October 20231 USD = 3454.99 MNT
10 October 20231 USD = 3454.46 MNT
11 October 20231 USD = 3454.39 MNT
13 October 20231 USD = 3453.08 MNT
16 October 20231 USD = 3452.37 MNT
17 October 20231 USD = 3451.53 MNT
18 October 20231 USD = 3451.53 MNT
19 October 20231 USD = 3452.08 MNT
20 October 20231 USD = 3451.52 MNT
21 October 20231 USD = 3451.52 MNT
22 October 20231 USD = 3451.52 MNT
23 October 20231 USD = 3450.39 MNT
24 October 20231 USD = 3449.79 MNT
25 October 20231 USD = 3449.96 MNT
26 October 20231 USD = 3448.51 MNT
27 October 20231 USD = 3448.76 MNT
29 October 20231 USD = 3448.76 MNT
30 October 20231 USD = 3448.45 MNT
31 October 20231 USD = 3447.95 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.