Historic Burundian Franc Mongolian Tugrik

Burundian Franc mongolian tugrik history for February 2024. The highest quote for this month is 1.2001 (13/02/2024) and the lowest 1.2096 (02/02/2024). The difference between high and low is -0.79.

BIF MNT average rate for February 2024 is 1.19584, the change between 01/02/2024 and 29/02/2024 is +0.25 %.

01 February 20241 BIF = 1.200 MNT
02 February 20241 BIF = 1.200 MNT
03 February 20241 BIF = 1.198 MNT
04 February 20241 BIF = 1.198 MNT
05 February 20241 BIF = 1.191 MNT
06 February 20241 BIF = 1.200 MNT
07 February 20241 BIF = 1.197 MNT
08 February 20241 BIF = 1.197 MNT
09 February 20241 BIF = 1.198 MNT
12 February 20241 BIF = 1.201 MNT
13 February 20241 BIF = 1.196 MNT
14 February 20241 BIF = 1.196 MNT
15 February 20241 BIF = 1.196 MNT
16 February 20241 BIF = 1.194 MNT
17 February 20241 BIF = 1.194 MNT
18 February 20241 BIF = 1.194 MNT
19 February 20241 BIF = 1.199 MNT
20 February 20241 BIF = 1.198 MNT
21 February 20241 BIF = 1.193 MNT
22 February 20241 BIF = 1.193 MNT
23 February 20241 BIF = 1.193 MNT
24 February 20241 BIF = 1.192 MNT
25 February 20241 BIF = 1.192 MNT
26 February 20241 BIF = 1.197 MNT
27 February 20241 BIF = 1.192 MNT
28 February 20241 BIF = 1.191 MNT
29 February 20241 BIF = 1.197 MNT

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

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.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 Francs.

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.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

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.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.

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.
BIF MNT January 2024
BIF MNT February 2024
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BIF MNT June 2024
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BIF MNT December 2024
BIF MNT January 2025