Historic Mongolian Tugrik Danish Krone

Mongolian Tugrik danish krone history for December 2023. The highest quote for this month is 0.002027 (08/12/2023) and the lowest 0.002021 (10/12/2023). The difference between high and low is 0.3.

MNT DKK average rate for December 2023 is 0.002, the change between 01/12/2023 and 31/12/2023 is +1 %.

01 December 20231 MNT = 0.0020 DKK
03 December 20231 MNT = 0.0020 DKK
04 December 20231 MNT = 0.0020 DKK
05 December 20231 MNT = 0.0020 DKK
06 December 20231 MNT = 0.0020 DKK
07 December 20231 MNT = 0.0020 DKK
08 December 20231 MNT = 0.0020 DKK
10 December 20231 MNT = 0.0020 DKK
11 December 20231 MNT = 0.0020 DKK
12 December 20231 MNT = 0.0020 DKK
13 December 20231 MNT = 0.0020 DKK
14 December 20231 MNT = 0.0020 DKK
15 December 20231 MNT = 0.0020 DKK
16 December 20231 MNT = 0.0020 DKK
17 December 20231 MNT = 0.0020 DKK
18 December 20231 MNT = 0.0020 DKK
19 December 20231 MNT = 0.0020 DKK
20 December 20231 MNT = 0.0020 DKK
21 December 20231 MNT = 0.0020 DKK
22 December 20231 MNT = 0.0020 DKK
24 December 20231 MNT = 0.0020 DKK
26 December 20231 MNT = 0.0020 DKK
27 December 20231 MNT = 0.0020 DKK
28 December 20231 MNT = 0.0020 DKK
29 December 20231 MNT = 0.0020 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

01/12/1925: Introduction of the Tugrik Currency

Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.