Historic Algerian dinar Mongolian Tugrik

Algerian dinar mongolian tugrik history for February 2024. The highest quote for this month is 25.375 (04/02/2024) and the lowest 25.63 (02/02/2024). The difference between high and low is -1.

DZD MNT average rate for February 2024 is 25.28893, the change between 01/02/2024 and 29/02/2024 is +0.23 %.

01 February 20241 DZD = 25.33 MNT
02 February 20241 DZD = 25.30 MNT
03 February 20241 DZD = 25.38 MNT
04 February 20241 DZD = 25.38 MNT
05 February 20241 DZD = 25.37 MNT
06 February 20241 DZD = 25.27 MNT
07 February 20241 DZD = 25.26 MNT
08 February 20241 DZD = 25.32 MNT
09 February 20241 DZD = 25.33 MNT
12 February 20241 DZD = 25.37 MNT
13 February 20241 DZD = 25.29 MNT
14 February 20241 DZD = 25.27 MNT
15 February 20241 DZD = 25.28 MNT
16 February 20241 DZD = 25.26 MNT
17 February 20241 DZD = 25.26 MNT
18 February 20241 DZD = 25.26 MNT
19 February 20241 DZD = 25.30 MNT
20 February 20241 DZD = 25.26 MNT
21 February 20241 DZD = 25.29 MNT
22 February 20241 DZD = 25.30 MNT
23 February 20241 DZD = 25.28 MNT
24 February 20241 DZD = 25.24 MNT
25 February 20241 DZD = 25.24 MNT
26 February 20241 DZD = 25.27 MNT
27 February 20241 DZD = 25.24 MNT
28 February 20241 DZD = 25.22 MNT
29 February 20241 DZD = 25.27 MNT

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

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.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national currency.

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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing 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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

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.