Historic Mongolian Tugrik Russian ruble

Mongolian Tugrik russian ruble history for October 2023. The highest quote for this month is 0.029813 (09/10/2023) and the lowest 0.029103 (07/10/2023). The difference between high and low is 2.38.

MNT RUB average rate for October 2023 is 0.02807, the change between 01/10/2023 and 31/10/2023 is +3.78 %.

01 October 20231 MNT = 0.0279 RUB
03 October 20231 MNT = 0.0286 RUB
04 October 20231 MNT = 0.0292 RUB
06 October 20231 MNT = 0.0290 RUB
07 October 20231 MNT = 0.0291 RUB
09 October 20231 MNT = 0.0292 RUB
10 October 20231 MNT = 0.0287 RUB
11 October 20231 MNT = 0.0290 RUB
13 October 20231 MNT = 0.0283 RUB
16 October 20231 MNT = 0.0283 RUB
17 October 20231 MNT = 0.0282 RUB
18 October 20231 MNT = 0.0284 RUB
19 October 20231 MNT = 0.0284 RUB
20 October 20231 MNT = 0.0279 RUB
21 October 20231 MNT = 0.0277 RUB
22 October 20231 MNT = 0.0277 RUB
23 October 20231 MNT = 0.0277 RUB
24 October 20231 MNT = 0.0274 RUB
25 October 20231 MNT = 0.0271 RUB
26 October 20231 MNT = 0.0272 RUB
27 October 20231 MNT = 0.0271 RUB
29 October 20231 MNT = 0.0274 RUB
30 October 20231 MNT = 0.0273 RUB
31 October 20231 MNT = 0.0268 RUB

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.

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.

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.