Jamaican Dollar mongolian tugrik exchange rate history (JMD MNT) December 2023

Jamaican Dollar mongolian tugrik history for December 2023. The highest quote for this month is 22.348 (04/12/2023) and the lowest 22.442 (14/12/2023). The difference between high and low is -0.42.

JMD MNT average rate for December 2023 is 22.23774, the change between 01/12/2023 and 31/12/2023 is +0.48 %.

01 December 2023	1 JMD = 22.31 MNT
02 December 2023	1 JMD = 22.24 MNT
03 December 2023	1 JMD = 22.24 MNT
04 December 2023	1 JMD = 22.43 MNT
05 December 2023	1 JMD = 22.34 MNT
06 December 2023	1 JMD = 22.36 MNT
07 December 2023	1 JMD = 22.28 MNT
08 December 2023	1 JMD = 22.22 MNT
10 December 2023	1 JMD = 22.19 MNT
11 December 2023	1 JMD = 22.21 MNT
12 December 2023	1 JMD = 22.24 MNT
13 December 2023	1 JMD = 22.25 MNT
14 December 2023	1 JMD = 22.21 MNT
15 December 2023	1 JMD = 22.22 MNT
16 December 2023	1 JMD = 22.13 MNT
17 December 2023	1 JMD = 22.13 MNT
18 December 2023	1 JMD = 22.09 MNT
19 December 2023	1 JMD = 22.24 MNT
20 December 2023	1 JMD = 22.29 MNT
21 December 2023	1 JMD = 22.28 MNT
22 December 2023	1 JMD = 22.22 MNT
23 December 2023	1 JMD = 22.24 MNT
24 December 2023	1 JMD = 22.23 MNT
26 December 2023	1 JMD = 22.23 MNT
27 December 2023	1 JMD = 22.21 MNT
28 December 2023	1 JMD = 22.24 MNT
29 December 2023	1 JMD = 22.20 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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

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.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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.

Historic Jamaican Dollar Mongolian Tugrik