Historic Mongolian Tugrik Burundian Franc

Mongolian Tugrik burundian franc history for February 2024. The highest quote for this month is 0.84041 (05/02/2024) and the lowest 0.83892 (24/02/2024). The difference between high and low is 0.18.

MNT BIF average rate for February 2024 is 0.83623, the change between 01/02/2024 and 29/02/2024 is -0.25 %.

01 February 20241 MNT = 0.8333 BIF
02 February 20241 MNT = 0.8334 BIF
03 February 20241 MNT = 0.8347 BIF
04 February 20241 MNT = 0.8347 BIF
05 February 20241 MNT = 0.8394 BIF
06 February 20241 MNT = 0.8332 BIF
07 February 20241 MNT = 0.8353 BIF
08 February 20241 MNT = 0.8354 BIF
09 February 20241 MNT = 0.8344 BIF
12 February 20241 MNT = 0.8324 BIF
13 February 20241 MNT = 0.8363 BIF
14 February 20241 MNT = 0.8360 BIF
15 February 20241 MNT = 0.8364 BIF
16 February 20241 MNT = 0.8372 BIF
17 February 20241 MNT = 0.8373 BIF
18 February 20241 MNT = 0.8373 BIF
19 February 20241 MNT = 0.8342 BIF
20 February 20241 MNT = 0.8349 BIF
21 February 20241 MNT = 0.8382 BIF
22 February 20241 MNT = 0.8382 BIF
23 February 20241 MNT = 0.8385 BIF
24 February 20241 MNT = 0.8389 BIF
25 February 20241 MNT = 0.8389 BIF
26 February 20241 MNT = 0.8354 BIF
27 February 20241 MNT = 0.8391 BIF
28 February 20241 MNT = 0.8399 BIF
29 February 20241 MNT = 0.8354 BIF

29/06/2018: East African Community Currency Integration

Burundi joins the East African Community (EAC) currency integration, paving the way for a future unified currency within the region.

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.

17/10/2011: Introduction of New Banknotes

New banknotes with enhanced security features and updated designs are introduced in denominations of 500, 1000, 2000, 5000, and 10,000 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.

30/06/2003: Second Currency Revaluation

The Burundian Franc undergoes another significant devaluation as part of the second currency revaluation program.

30/04/1995: Printing of Banknotes

The first locally printed banknotes, issued in denominations of 10, 20, 50, 100, 500, 1000, and 5000 Francs, are circulated.

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.

20/10/1990: Introduction of New Coins

New coins are introduced in denominations of 1, 5, 10, 50, and 100 Francs.

22/09/1985: First Currency Revaluation

The Burundian Franc is significantly devalued as part of a currency revaluation program.

30/06/1960: Independence from Belgium

Burundi gains independence from Belgium, establishing the Burundian Franc as its official currency.

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.
MNT BIF January 2024
MNT BIF February 2024
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MNT BIF April 2024
MNT BIF May 2024
MNT BIF June 2024
MNT BIF July 2024
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MNT BIF December 2024
MNT BIF January 2025