Mongolian Tugrik djiboutian franc exchange rate history (MNT DJF) December 2023

Mongolian Tugrik djiboutian franc history for December 2023. The highest quote for this month is 0.052107 (29/12/2023) and the lowest 0.052066 (26/12/2023). The difference between high and low is 0.08.

MNT DJF average rate for December 2023 is 0.05168, the change between 01/12/2023 and 31/12/2023 is +0.97 %.

01 December 2023	1 MNT = 0.0518 DJF
02 December 2023	1 MNT = 0.0517 DJF
03 December 2023	1 MNT = 0.0517 DJF
04 December 2023	1 MNT = 0.0507 DJF
05 December 2023	1 MNT = 0.0518 DJF
06 December 2023	1 MNT = 0.0518 DJF
07 December 2023	1 MNT = 0.0508 DJF
08 December 2023	1 MNT = 0.0519 DJF
10 December 2023	1 MNT = 0.0518 DJF
11 December 2023	1 MNT = 0.0508 DJF
12 December 2023	1 MNT = 0.0519 DJF
13 December 2023	1 MNT = 0.0508 DJF
14 December 2023	1 MNT = 0.0520 DJF
15 December 2023	1 MNT = 0.0520 DJF
16 December 2023	1 MNT = 0.0519 DJF
17 December 2023	1 MNT = 0.0519 DJF
18 December 2023	1 MNT = 0.0512 DJF
19 December 2023	1 MNT = 0.0520 DJF
20 December 2023	1 MNT = 0.0520 DJF
21 December 2023	1 MNT = 0.0520 DJF
22 December 2023	1 MNT = 0.0512 DJF
23 December 2023	1 MNT = 0.0520 DJF
24 December 2023	1 MNT = 0.0520 DJF
26 December 2023	1 MNT = 0.0521 DJF
27 December 2023	1 MNT = 0.0521 DJF
28 December 2023	1 MNT = 0.0521 DJF
29 December 2023	1 MNT = 0.0513 DJF

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

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.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

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.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

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.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.

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.

Historic Mongolian Tugrik Djiboutian franc