Historic Jamaican Dollar Mongolian Tugrik

Jamaican Dollar mongolian tugrik history for February 2024. The highest quote for this month is 22.04 (01/02/2024) and the lowest 22.22 (02/02/2024). The difference between high and low is -0.82.

JMD MNT average rate for February 2024 is 21.91748, the change between 01/02/2024 and 29/02/2024 is +0.91 %.

01 February 20241 JMD = 22.13 MNT
02 February 20241 JMD = 22.10 MNT
03 February 20241 JMD = 21.93 MNT
04 February 20241 JMD = 21.93 MNT
05 February 20241 JMD = 21.83 MNT
06 February 20241 JMD = 21.99 MNT
07 February 20241 JMD = 21.98 MNT
08 February 20241 JMD = 21.99 MNT
09 February 20241 JMD = 22.06 MNT
12 February 20241 JMD = 21.95 MNT
13 February 20241 JMD = 21.93 MNT
14 February 20241 JMD = 21.95 MNT
15 February 20241 JMD = 21.87 MNT
16 February 20241 JMD = 21.85 MNT
17 February 20241 JMD = 21.77 MNT
18 February 20241 JMD = 21.77 MNT
19 February 20241 JMD = 21.91 MNT
20 February 20241 JMD = 21.86 MNT
21 February 20241 JMD = 21.86 MNT
22 February 20241 JMD = 21.87 MNT
23 February 20241 JMD = 21.85 MNT
24 February 20241 JMD = 22.00 MNT
25 February 20241 JMD = 21.79 MNT
26 February 20241 JMD = 21.90 MNT
27 February 20241 JMD = 21.86 MNT
28 February 20241 JMD = 21.94 MNT
29 February 20241 JMD = 21.93 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.
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