Historic Jamaican Dollar Mongolian Tugrik

Jamaican Dollar mongolian tugrik history for January 2024. The highest quote for this month is 22.354 (03/01/2024) and the lowest 22.369 (08/01/2024). The difference between high and low is -0.07.

JMD MNT average rate for January 2024 is 22.20567, the change between 01/01/2024 and 31/01/2024 is +0.57 %.

01 January 20241 JMD = 22.27 MNT
02 January 20241 JMD = 22.25 MNT
03 January 20241 JMD = 22.34 MNT
04 January 20241 JMD = 22.35 MNT
05 January 20241 JMD = 22.33 MNT
06 January 20241 JMD = 22.18 MNT
07 January 20241 JMD = 22.18 MNT
08 January 20241 JMD = 22.37 MNT
09 January 20241 JMD = 22.33 MNT
10 January 20241 JMD = 22.32 MNT
11 January 20241 JMD = 22.26 MNT
12 January 20241 JMD = 22.23 MNT
14 January 20241 JMD = 22.04 MNT
15 January 20241 JMD = 22.21 MNT
16 January 20241 JMD = 22.18 MNT
17 January 20241 JMD = 22.14 MNT
18 January 20241 JMD = 22.21 MNT
19 January 20241 JMD = 22.19 MNT
22 January 20241 JMD = 22.16 MNT
23 January 20241 JMD = 22.20 MNT
24 January 20241 JMD = 22.16 MNT
25 January 20241 JMD = 22.12 MNT
26 January 20241 JMD = 22.09 MNT
28 January 20241 JMD = 22.11 MNT
29 January 20241 JMD = 22.07 MNT
30 January 20241 JMD = 22.13 MNT
31 January 20241 JMD = 22.14 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.