Historic Cambodian Riel Mongolian Tugrik

Cambodian Riel mongolian tugrik history for January 2024. The highest quote for this month is 0.85545 (03/01/2024) and the lowest 0.85611 (22/01/2024). The difference between high and low is -0.08.

KHR MNT average rate for January 2024 is 0.8421, the change between 01/01/2024 and 31/01/2024 is +1.92 %.

01 January 20241 KHR = 0.8521 MNT
02 January 20241 KHR = 0.8513 MNT
03 January 20241 KHR = 0.8380 MNT
04 January 20241 KHR = 0.8377 MNT
05 January 20241 KHR = 0.8350 MNT
06 January 20241 KHR = 0.8344 MNT
07 January 20241 KHR = 0.8344 MNT
08 January 20241 KHR = 0.8545 MNT
09 January 20241 KHR = 0.8346 MNT
10 January 20241 KHR = 0.8514 MNT
11 January 20241 KHR = 0.8360 MNT
12 January 20241 KHR = 0.8366 MNT
14 January 20241 KHR = 0.8374 MNT
15 January 20241 KHR = 0.8551 MNT
16 January 20241 KHR = 0.8551 MNT
17 January 20241 KHR = 0.8533 MNT
18 January 20241 KHR = 0.8370 MNT
19 January 20241 KHR = 0.8378 MNT
22 January 20241 KHR = 0.8558 MNT
23 January 20241 KHR = 0.8379 MNT
24 January 20241 KHR = 0.8375 MNT
25 January 20241 KHR = 0.8377 MNT
26 January 20241 KHR = 0.8361 MNT
28 January 20241 KHR = 0.8361 MNT
29 January 20241 KHR = 0.8525 MNT
30 January 20241 KHR = 0.8357 MNT
31 January 20241 KHR = 0.8357 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
KHR MNT March 2024
KHR MNT April 2024
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KHR MNT January 2025