Historic Cambodian Riel Mongolian Tugrik

Cambodian Riel mongolian tugrik history for February 2024. The highest quote for this month is 0.85232 (13/02/2024) and the lowest 0.85667 (02/02/2024). The difference between high and low is -0.51.

KHR MNT average rate for February 2024 is 0.83716, the change between 01/02/2024 and 29/02/2024 is +0.43 %.

01 February 20241 KHR = 0.8352 MNT
02 February 20241 KHR = 0.8343 MNT
03 February 20241 KHR = 0.8347 MNT
04 February 20241 KHR = 0.8347 MNT
05 February 20241 KHR = 0.8435 MNT
06 February 20241 KHR = 0.8505 MNT
07 February 20241 KHR = 0.8341 MNT
08 February 20241 KHR = 0.8342 MNT
09 February 20241 KHR = 0.8342 MNT
12 February 20241 KHR = 0.8524 MNT
13 February 20241 KHR = 0.8341 MNT
14 February 20241 KHR = 0.8339 MNT
15 February 20241 KHR = 0.8338 MNT
16 February 20241 KHR = 0.8343 MNT
17 February 20241 KHR = 0.8339 MNT
18 February 20241 KHR = 0.8339 MNT
19 February 20241 KHR = 0.8516 MNT
20 February 20241 KHR = 0.8508 MNT
21 February 20241 KHR = 0.8325 MNT
22 February 20241 KHR = 0.8320 MNT
23 February 20241 KHR = 0.8322 MNT
24 February 20241 KHR = 0.8332 MNT
25 February 20241 KHR = 0.8332 MNT
26 February 20241 KHR = 0.8508 MNT
27 February 20241 KHR = 0.8320 MNT
28 February 20241 KHR = 0.8321 MNT
29 February 20241 KHR = 0.8315 MNT

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.

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.
KHR MNT January 2024
KHR MNT February 2024
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