Historic Mongolian Tugrik Serbian Dinar

Mongolian Tugrik serbian dinar history for March 2024. The highest quote for this month is 0.032 (01/03/2024) and the lowest 0.031853 (01/03/2024). The difference between high and low is 0.46.

MNT RSD average rate for March 2024 is 0.03174, the change between 01/03/2024 and 31/03/2024 is +0.99 %.

01 March 20241 MNT = 0.0320 RSD
04 March 20241 MNT = 0.0316 RSD
05 March 20241 MNT = 0.0318 RSD
06 March 20241 MNT = 0.0319 RSD
07 March 20241 MNT = 0.0318 RSD
08 March 20241 MNT = 0.0317 RSD
11 March 20241 MNT = 0.0314 RSD
12 March 20241 MNT = 0.0316 RSD

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.

06/10/2008: Serbia applies for EU membership

Serbia officially applied for membership in the European Union, which could potentially impact the future of the Serbian Dinar as Serbia aligns with EU policies.

03/06/2006: Montenegro adopts the Euro

Montenegro unilaterally adopted the Euro as its official currency, while Serbia continued to use the Serbian Dinar.

01/07/2003: Introduction of the Serbian Dinar

After the state union with Montenegro dissolved, Serbia reintroduced the Serbian Dinar as its national currency, replacing the New Dinar.

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.

01/04/1992: Introduction of the New Dinar

Due to the breakup of Yugoslavia, Serbia introduced the New Dinar as its currency, replacing the Yugoslav Dinar.

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.

20/10/1944: Introduction of the Yugoslav Dinar

The Yugoslav Dinar was introduced, replacing the former currency in circulation, including the Serbian Dinar.

01/12/1925: Introduction of the Tugrik Currency

Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.

01/11/1918: Merger with the Yugoslav Dinar

After World War I, the Serbian Dinar merged with the Yugoslav Dinar to form a unified currency for the Kingdom of Serbs, Croats, and Slovenes.

24/04/1868: Introduction of Serbian Dinar

The Serbian Dinar was introduced as the official currency of Serbia to replace the Ottoman akçe.