Mongolian Tugrik namibian dollar exchange rate history (MNT NAD) December 2023

Mongolian Tugrik namibian dollar history for December 2023. The highest quote for this month is 0.005576 (14/12/2023) and the lowest 0.005578 (14/12/2023). The difference between high and low is -0.04.

MNT NAD average rate for December 2023 is 0.00545, the change between 01/12/2023 and 31/12/2023 is +1.1 %.

01 December 2023	1 MNT = 0.0054 NAD
02 December 2023	1 MNT = 0.0054 NAD
03 December 2023	1 MNT = 0.0054 NAD
04 December 2023	1 MNT = 0.0054 NAD
05 December 2023	1 MNT = 0.0054 NAD
06 December 2023	1 MNT = 0.0055 NAD
07 December 2023	1 MNT = 0.0055 NAD
08 December 2023	1 MNT = 0.0055 NAD
10 December 2023	1 MNT = 0.0055 NAD
11 December 2023	1 MNT = 0.0055 NAD
12 December 2023	1 MNT = 0.0056 NAD
13 December 2023	1 MNT = 0.0056 NAD
14 December 2023	1 MNT = 0.0056 NAD
15 December 2023	1 MNT = 0.0056 NAD
16 December 2023	1 MNT = 0.0054 NAD
17 December 2023	1 MNT = 0.0054 NAD
18 December 2023	1 MNT = 0.0056 NAD
19 December 2023	1 MNT = 0.0053 NAD
20 December 2023	1 MNT = 0.0053 NAD
21 December 2023	1 MNT = 0.0053 NAD
22 December 2023	1 MNT = 0.0053 NAD
23 December 2023	1 MNT = 0.0054 NAD
24 December 2023	1 MNT = 0.0054 NAD
26 December 2023	1 MNT = 0.0054 NAD
27 December 2023	1 MNT = 0.0055 NAD
28 December 2023	1 MNT = 0.0054 NAD
29 December 2023	1 MNT = 0.0054 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

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.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official 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.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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 Namibian dollar