Historic Mongolian Tugrik Burundian Franc

Mongolian Tugrik burundian franc history for January 2024. The highest quote for this month is 0.83421 (31/01/2024) and the lowest 0.83354 (28/01/2024). The difference between high and low is 0.08.

MNT BIF average rate for January 2024 is 0.83078, the change between 01/01/2024 and 31/01/2024 is -0.57 %.

01 January 20241 MNT = 0.8293 BIF
02 January 20241 MNT = 0.8302 BIF
03 January 20241 MNT = 0.8297 BIF
04 January 20241 MNT = 0.8301 BIF
05 January 20241 MNT = 0.8306 BIF
06 January 20241 MNT = 0.8313 BIF
07 January 20241 MNT = 0.8313 BIF
08 January 20241 MNT = 0.8259 BIF
09 January 20241 MNT = 0.8312 BIF
10 January 20241 MNT = 0.8280 BIF
11 January 20241 MNT = 0.8307 BIF
12 January 20241 MNT = 0.8310 BIF
14 January 20241 MNT = 0.8316 BIF
15 January 20241 MNT = 0.8275 BIF
16 January 20241 MNT = 0.8277 BIF
17 January 20241 MNT = 0.8299 BIF
18 January 20241 MNT = 0.8322 BIF
19 January 20241 MNT = 0.8325 BIF
22 January 20241 MNT = 0.8288 BIF
23 January 20241 MNT = 0.8316 BIF
24 January 20241 MNT = 0.8318 BIF
25 January 20241 MNT = 0.8324 BIF
26 January 20241 MNT = 0.8335 BIF
28 January 20241 MNT = 0.8335 BIF
29 January 20241 MNT = 0.8312 BIF
30 January 20241 MNT = 0.8333 BIF
31 January 20241 MNT = 0.8341 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.