Historic Guinean franc Mongolian Tugrik

Guinean franc mongolian tugrik history for January 2024. The highest quote for this month is 0.40089 (14/01/2024) and the lowest 0.40359 (02/01/2024). The difference between high and low is -0.67.

GNF MNT average rate for January 2024 is 0.39999, the change between 01/01/2024 and 31/01/2024 is +0.17 %.

01 January 20241 GNF = 0.3997 MNT
02 January 20241 GNF = 0.3993 MNT
03 January 20241 GNF = 0.4008 MNT
04 January 20241 GNF = 0.4006 MNT
05 January 20241 GNF = 0.4002 MNT
06 January 20241 GNF = 0.4012 MNT
07 January 20241 GNF = 0.4006 MNT
08 January 20241 GNF = 0.4016 MNT
09 January 20241 GNF = 0.4002 MNT
10 January 20241 GNF = 0.4005 MNT
11 January 20241 GNF = 0.4001 MNT
12 January 20241 GNF = 0.4001 MNT
14 January 20241 GNF = 0.4009 MNT
15 January 20241 GNF = 0.4011 MNT
16 January 20241 GNF = 0.4008 MNT
17 January 20241 GNF = 0.4000 MNT
18 January 20241 GNF = 0.3996 MNT
19 January 20241 GNF = 0.3994 MNT
22 January 20241 GNF = 0.4006 MNT
23 January 20241 GNF = 0.3982 MNT
24 January 20241 GNF = 0.3975 MNT
25 January 20241 GNF = 0.3985 MNT
26 January 20241 GNF = 0.3993 MNT
28 January 20241 GNF = 0.4006 MNT
29 January 20241 GNF = 0.3995 MNT
30 January 20241 GNF = 0.4000 MNT
31 January 20241 GNF = 0.3990 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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old 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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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.