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 2023 | 1 USD = 3459.50 MNT |
03 October 2023 | 1 USD = 3457.48 MNT |
04 October 2023 | 1 USD = 3457.48 MNT |
06 October 2023 | 1 USD = 3454.99 MNT |
07 October 2023 | 1 USD = 3454.99 MNT |
09 October 2023 | 1 USD = 3454.99 MNT |
10 October 2023 | 1 USD = 3454.46 MNT |
11 October 2023 | 1 USD = 3454.39 MNT |
13 October 2023 | 1 USD = 3453.08 MNT |
16 October 2023 | 1 USD = 3452.37 MNT |
17 October 2023 | 1 USD = 3451.53 MNT |
18 October 2023 | 1 USD = 3451.53 MNT |
19 October 2023 | 1 USD = 3452.08 MNT |
20 October 2023 | 1 USD = 3451.52 MNT |
21 October 2023 | 1 USD = 3451.52 MNT |
22 October 2023 | 1 USD = 3451.52 MNT |
23 October 2023 | 1 USD = 3450.39 MNT |
24 October 2023 | 1 USD = 3449.79 MNT |
25 October 2023 | 1 USD = 3449.96 MNT |
26 October 2023 | 1 USD = 3448.51 MNT |
27 October 2023 | 1 USD = 3448.76 MNT |
29 October 2023 | 1 USD = 3448.76 MNT |
30 October 2023 | 1 USD = 3448.45 MNT |
31 October 2023 | 1 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.