Historic Mongolian Tugrik Guinean franc

Mongolian Tugrik guinean franc history for February 2024. The highest quote for this month is 2.5304 (05/02/2024) and the lowest 2.5158 (28/02/2024). The difference between high and low is 0.58.

MNT GNF average rate for February 2024 is 2.51033, the change between 01/02/2024 and 29/02/2024 is -0.42 %.

01 February 20241 MNT = 2.506 GNF
02 February 20241 MNT = 2.507 GNF
03 February 20241 MNT = 2.499 GNF
04 February 20241 MNT = 2.499 GNF
05 February 20241 MNT = 2.527 GNF
06 February 20241 MNT = 2.508 GNF
07 February 20241 MNT = 2.509 GNF
08 February 20241 MNT = 2.509 GNF
09 February 20241 MNT = 2.507 GNF
12 February 20241 MNT = 2.506 GNF
13 February 20241 MNT = 2.507 GNF
14 February 20241 MNT = 2.508 GNF
15 February 20241 MNT = 2.512 GNF
16 February 20241 MNT = 2.513 GNF
17 February 20241 MNT = 2.508 GNF
18 February 20241 MNT = 2.508 GNF
19 February 20241 MNT = 2.509 GNF
20 February 20241 MNT = 2.512 GNF
21 February 20241 MNT = 2.516 GNF
22 February 20241 MNT = 2.518 GNF
23 February 20241 MNT = 2.517 GNF
24 February 20241 MNT = 2.508 GNF
25 February 20241 MNT = 2.508 GNF
26 February 20241 MNT = 2.512 GNF
27 February 20241 MNT = 2.513 GNF
28 February 20241 MNT = 2.516 GNF
29 February 20241 MNT = 2.516 GNF

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.

30/06/2015: Demonetization of old Guinean franc banknotes

The old series of Guinean franc banknotes, denominated in 'Syli,' ceased to be legal tender, and only the new franc banknotes remained in circulation.

26/09/2012: Introduction of new Guinean franc coins

New coins denominated in the Guinean franc were introduced, replacing the previously used Guinean syli coins.

30/06/2010: Revaluation of the Guinean franc

The Guinean franc underwent a revaluation, with 1 new franc being equivalent to 10,000 old 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.

30/06/1997: Introduction of new Guinean franc

A new series of Guinean franc banknotes, denominated in 'Syli,' was introduced as a replacement for the previous currency.

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.

30/11/1985: Devaluation of the Guinean franc

The Guinean franc was devalued by 50%, leading to an economic crisis and high inflation.

31/05/1971: Redenomination of the Guinean franc

The Guinean franc underwent a redenomination, with 1 new franc being equivalent to 10 old francs.

01/10/1959: Introduction of Guinean franc

The Guinean franc was introduced as the official currency of Guinea following its independence from France.

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 GNF January 2024
MNT GNF February 2024
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MNT GNF January 2025