Historic Bolivian boliviano Mongolian Tugrik

Bolivian boliviano mongolian tugrik history for February 2024. The highest quote for this month is 505.42 (02/02/2024) and the lowest 508.49 (02/02/2024). The difference between high and low is -0.61.

BOB MNT average rate for February 2024 is 502.03185, the change between 01/02/2024 and 29/02/2024 is +0.5 %.

01 February 20241 BOB = 506.4 MNT
02 February 20241 BOB = 505.8 MNT
03 February 20241 BOB = 495.7 MNT
04 February 20241 BOB = 495.7 MNT
05 February 20241 BOB = 500.8 MNT
06 February 20241 BOB = 504.7 MNT
07 February 20241 BOB = 505.0 MNT
08 February 20241 BOB = 504.9 MNT
09 February 20241 BOB = 502.8 MNT
12 February 20241 BOB = 505.4 MNT
13 February 20241 BOB = 504.9 MNT
14 February 20241 BOB = 504.8 MNT
15 February 20241 BOB = 504.5 MNT
16 February 20241 BOB = 504.7 MNT
17 February 20241 BOB = 494.5 MNT
18 February 20241 BOB = 494.5 MNT
19 February 20241 BOB = 504.4 MNT
20 February 20241 BOB = 504.0 MNT
21 February 20241 BOB = 503.8 MNT
22 February 20241 BOB = 503.7 MNT
23 February 20241 BOB = 503.4 MNT
24 February 20241 BOB = 493.7 MNT
25 February 20241 BOB = 493.7 MNT
26 February 20241 BOB = 503.9 MNT
27 February 20241 BOB = 503.3 MNT
28 February 20241 BOB = 501.9 MNT
29 February 20241 BOB = 503.9 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.

31/12/2004: Return to the boliviano

Bolivia ended the dollarization period and officially reintroduced the boliviano as the sole legal tender of the country.

31/12/2003: Dollarization crisis

Bolivia experienced a financial crisis, leading to the temporary dollarization of the economy and the use of the US dollar as legal tender.

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.

31/03/1988: Bolivianoization

Bolivianoization was implemented, requiring all contracts and transactions to be conducted in bolivianos instead of foreign currencies.

28/02/1987: Introduction of the second boliviano

A new boliviano, known as the second boliviano (Boliviano de Segunda), was introduced to replace the heavily devalued first boliviano.

31/01/1986: Hyperinflation crisis

Bolivia experienced a severe hyperinflation crisis, leading to the devaluation of the boliviano.

31/12/1962: Monetary reform

The boliviano underwent a monetary reform, with new banknotes and coins being issued.

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.

31/12/1891: Introduction of Bolivian boliviano

The boliviano was introduced as the official currency of Bolivia, replacing the Bolivian peso.
BOB MNT July 2023
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