Historic Burundian Franc Mongolian Tugrik

Burundian Franc mongolian tugrik history for January 2024. The highest quote for this month is 1.2084 (03/01/2024) and the lowest 1.2111 (08/01/2024). The difference between high and low is -0.22.

BIF MNT average rate for January 2024 is 1.2037, the change between 01/01/2024 and 31/01/2024 is +0.56 %.

01 January 20241 BIF = 1.206 MNT
02 January 20241 BIF = 1.205 MNT
03 January 20241 BIF = 1.205 MNT
04 January 20241 BIF = 1.205 MNT
05 January 20241 BIF = 1.204 MNT
06 January 20241 BIF = 1.203 MNT
07 January 20241 BIF = 1.203 MNT
08 January 20241 BIF = 1.211 MNT
09 January 20241 BIF = 1.203 MNT
10 January 20241 BIF = 1.208 MNT
11 January 20241 BIF = 1.204 MNT
12 January 20241 BIF = 1.203 MNT
14 January 20241 BIF = 1.202 MNT
15 January 20241 BIF = 1.209 MNT
16 January 20241 BIF = 1.208 MNT
17 January 20241 BIF = 1.205 MNT
18 January 20241 BIF = 1.202 MNT
19 January 20241 BIF = 1.201 MNT
22 January 20241 BIF = 1.207 MNT
23 January 20241 BIF = 1.203 MNT
24 January 20241 BIF = 1.202 MNT
25 January 20241 BIF = 1.201 MNT
26 January 20241 BIF = 1.200 MNT
28 January 20241 BIF = 1.200 MNT
29 January 20241 BIF = 1.203 MNT
30 January 20241 BIF = 1.200 MNT
31 January 20241 BIF = 1.199 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