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 August 2023
BIF MNT September 2023
BIF MNT October 2023
BIF MNT November 2023
BIF MNT December 2023
BIF MNT January 2024
BIF MNT February 2024
BIF MNT March 2024
BIF MNT April 2024
BIF MNT May 2024
BIF MNT June 2024
BIF MNT July 2024
BIF MNT August 2024