Australian dollar mongolian tugrik exchange rate history (AUD MNT) December 2023

Australian dollar mongolian tugrik history for December 2023. The highest quote for this month is 2329.16 (28/12/2023) and the lowest 2343.55 (28/12/2023). The difference between high and low is -0.62.

AUD MNT average rate for December 2023 is 2288.99148, the change between 01/12/2023 and 31/12/2023 is -2.68 %.

01 December 2023	1 AUD = 2267.53 MNT
02 December 2023	1 AUD = 2291.59 MNT
03 December 2023	1 AUD = 2288.69 MNT
04 December 2023	1 AUD = 2293.29 MNT
05 December 2023	1 AUD = 2270.01 MNT
06 December 2023	1 AUD = 2248.47 MNT
07 December 2023	1 AUD = 2245.09 MNT
08 December 2023	1 AUD = 2259.23 MNT
10 December 2023	1 AUD = 2253.17 MNT
11 December 2023	1 AUD = 2253.90 MNT
12 December 2023	1 AUD = 2248.83 MNT
13 December 2023	1 AUD = 2246.34 MNT
14 December 2023	1 AUD = 2279.82 MNT
15 December 2023	1 AUD = 2291.70 MNT
16 December 2023	1 AUD = 2290.53 MNT
17 December 2023	1 AUD = 2290.53 MNT
18 December 2023	1 AUD = 2290.34 MNT
19 December 2023	1 AUD = 2290.81 MNT
20 December 2023	1 AUD = 2311.19 MNT
21 December 2023	1 AUD = 2303.27 MNT
22 December 2023	1 AUD = 2322.75 MNT
23 December 2023	1 AUD = 2324.61 MNT
24 December 2023	1 AUD = 2323.13 MNT
26 December 2023	1 AUD = 2323.16 MNT
27 December 2023	1 AUD = 2328.62 MNT
28 December 2023	1 AUD = 2337.93 MNT
29 December 2023	1 AUD = 2328.24 MNT

18/03/2020: COVID-19 pandemic impact

The Australian dollar experienced a sharp decline due to the global economic impact of the COVID-19 pandemic and uncertainty in financial markets.

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.

13/10/2011: Record high exchange rate

The Australian dollar reached a record high exchange rate of above $1.10 against the US dollar, driven by strong commodity demand and high interest rates.

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.

06/10/2008: Global Financial Crisis

The Australian dollar experienced a significant decline due to the impact of the global financial crisis, reaching a low point of around $0.60 against the US dollar.

30/06/1996: Introduction of the polymer banknotes

Australia introduced polymer banknotes, replacing the paper-based banknotes, enhancing their durability and security features.

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.

08/03/1983: Floating of the Australian dollar

The Australian dollar was fully floated and allowed to fluctuate freely on the foreign exchange market, leading to increased volatility.

12/12/1971: End of the fixed exchange rate

Australia shifted from a fixed exchange rate to a flexible exchange rate, allowing market forces to determine the value of the Australian dollar.

13/02/1966: Decimalisation of the Australian currency

Australia adopted decimal currency, replacing the pound with the Australian dollar, symbol 'A$'.

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.

Historic Australian dollar Mongolian Tugrik