Historic Mongolian Tugrik Jamaican Dollar

Mongolian Tugrik jamaican dollar history for February 2024. The highest quote for this month is 0.04594 (17/02/2024) and the lowest 0.045935 (17/02/2024). The difference between high and low is 0.01.

MNT JMD average rate for February 2024 is 0.04563, the change between 01/02/2024 and 29/02/2024 is -0.92 %.

01 February 20241 MNT = 0.0452 JMD
02 February 20241 MNT = 0.0453 JMD
03 February 20241 MNT = 0.0456 JMD
04 February 20241 MNT = 0.0456 JMD
05 February 20241 MNT = 0.0458 JMD
06 February 20241 MNT = 0.0455 JMD
07 February 20241 MNT = 0.0455 JMD
08 February 20241 MNT = 0.0455 JMD
09 February 20241 MNT = 0.0453 JMD
12 February 20241 MNT = 0.0456 JMD
13 February 20241 MNT = 0.0456 JMD
14 February 20241 MNT = 0.0456 JMD
15 February 20241 MNT = 0.0457 JMD
16 February 20241 MNT = 0.0458 JMD
17 February 20241 MNT = 0.0459 JMD
18 February 20241 MNT = 0.0459 JMD
19 February 20241 MNT = 0.0457 JMD
20 February 20241 MNT = 0.0457 JMD
21 February 20241 MNT = 0.0457 JMD
22 February 20241 MNT = 0.0457 JMD
23 February 20241 MNT = 0.0458 JMD
24 February 20241 MNT = 0.0455 JMD
25 February 20241 MNT = 0.0459 JMD
26 February 20241 MNT = 0.0457 JMD
27 February 20241 MNT = 0.0457 JMD
28 February 20241 MNT = 0.0456 JMD
29 February 20241 MNT = 0.0456 JMD

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.

16/03/2015: Bank of Jamaica Act

The Bank of Jamaica Act was passed, granting the central bank greater autonomy in executing monetary policy and promoting financial stability.

12/02/2013: Currency devaluation

To stabilize the economy, the Jamaican Dollar was devalued by approximately 16.5% against major currencies.

28/11/2010: IMF agreement

Jamaica reached an agreement with the International Monetary Fund (IMF) for a financial support program to address economic challenges.

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.

30/04/1994: Foreign exchange liberalization

Jamaica lifted restrictions on foreign exchange, allowing for more flexible trade and investment opportunities.

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.

25/03/1991: JMD devaluation

Due to economic pressures, the Jamaican Dollar was devalued by 33.3%, leading to an increase in the exchange rate.

05/08/1971: Currency decimalization

Jamaica decimalized its currency, dividing the Jamaican Dollar into 100 cents instead of 20 shillings.

07/02/1969: Jamaican Dollar introduced

The Jamaican Dollar (JMD) was introduced as the official currency of Jamaica, replacing the Jamaican pound.

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 JMD August 2023
MNT JMD September 2023
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MNT JMD December 2023
MNT JMD January 2024
MNT JMD February 2024
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MNT JMD August 2024