Historic United States dollar Mongolian Tugrik

United States dollar mongolian tugrik history for September 2023. The highest quote for this month is 3472.98 (01/09/2023) and the lowest 3472.78 (01/09/2023). The difference between high and low is 0.01.

USD MNT average rate for September 2023 is 3464.935, the change between 01/09/2023 and 30/09/2023 is +0.39 %.

01 September 20231 USD = 3472.98 MNT
05 September 20231 USD = 3471.89 MNT
06 September 20231 USD = 3471.89 MNT
11 September 20231 USD = 3469.79 MNT
18 September 20231 USD = 3465.26 MNT
23 September 20231 USD = 3461.93 MNT
24 September 20231 USD = 3461.93 MNT
25 September 20231 USD = 3461.93 MNT
26 September 20231 USD = 3461.31 MNT
27 September 20231 USD = 3461.31 MNT
29 September 20231 USD = 3459.50 MNT
30 September 20231 USD = 3459.50 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.