Historic Mongolian Tugrik Romanian leu

Mongolian Tugrik romanian leu history for February 2024. The highest quote for this month is 0.00137 (14/02/2024) and the lowest 0.001364 (14/02/2024). The difference between high and low is 0.44.

MNT RON average rate for February 2024 is 0.00136, the change between 01/02/2024 and 29/02/2024 is -0.07 %.

01 February 20241 MNT = 0.0014 RON
02 February 20241 MNT = 0.0013 RON
03 February 20241 MNT = 0.0014 RON
04 February 20241 MNT = 0.0014 RON
05 February 20241 MNT = 0.0014 RON
06 February 20241 MNT = 0.0014 RON
07 February 20241 MNT = 0.0014 RON
08 February 20241 MNT = 0.0014 RON
09 February 20241 MNT = 0.0014 RON
12 February 20241 MNT = 0.0014 RON
13 February 20241 MNT = 0.0014 RON
14 February 20241 MNT = 0.0014 RON
15 February 20241 MNT = 0.0014 RON
16 February 20241 MNT = 0.0014 RON
17 February 20241 MNT = 0.0014 RON
18 February 20241 MNT = 0.0014 RON
19 February 20241 MNT = 0.0014 RON
20 February 20241 MNT = 0.0014 RON
21 February 20241 MNT = 0.0014 RON
22 February 20241 MNT = 0.0014 RON
23 February 20241 MNT = 0.0014 RON
24 February 20241 MNT = 0.0014 RON
25 February 20241 MNT = 0.0014 RON
26 February 20241 MNT = 0.0014 RON
27 February 20241 MNT = 0.0014 RON
28 February 20241 MNT = 0.0014 RON
29 February 20241 MNT = 0.0014 RON

01/04/2019: Romania plans to adopt the euro

The Romanian government announces its intention to join the Eurozone and set a target date for adopting the euro as the national currency.

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.

01/06/2005: Currency redenomination

Romania underwent a currency redenomination, with 10,000 old lei being exchanged for 1 new leu, to simplify transactions and eliminate zeros.

01/07/2003: Romania joins EU Accession

As part of joining the European Union, Romania pledges to adopt the euro in the future, aiming for greater economic integration.

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.

28/02/1991: End of communist era

As communism collapsed, Romania undergoes economic reforms and introduces a free-floating exchange rate system for the leu.

30/12/1947: Communist regime introduces new leu

In an attempt to devalue the currency and control the economy, the Communist regime introduces a new leu at a ratio of 1:20,000.

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.

01/03/1901: Introduction of the gold standard

Romanian leu was tied to the gold standard, ensuring the stability of the currency and attracting foreign investments.

01/04/1867: Creation of the Romanian leu

The leu was established as the official currency of Romania, replacing the previous currencies in circulation.
MNT RON July 2023
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