Historic Salvadoran Colón Mongolian Tugrik

Salvadoran Colón mongolian tugrik history for March 2024. The highest quote for this month is 396.07 (01/03/2024) and the lowest 397.64 (08/03/2024). The difference between high and low is -0.4.

SVC MNT average rate for March 2024 is 393.161, the change between 01/03/2024 and 31/03/2024 is +2.57 %.

01 March 20241 SVC = 396.0 MNT
03 March 20241 SVC = 386.1 MNT
04 March 20241 SVC = 397.4 MNT
05 March 20241 SVC = 395.7 MNT
06 March 20241 SVC = 395.7 MNT
07 March 20241 SVC = 395.7 MNT
08 March 20241 SVC = 397.4 MNT
10 March 20241 SVC = 385.7 MNT
11 March 20241 SVC = 396.1 MNT
12 March 20241 SVC = 385.8 MNT

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.

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.

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.