Mongolian Tugrik somali shilling history for January 2024. The highest quote for this month is 0.16696 (31/01/2024) and the lowest 0.16699 (31/01/2024). The difference between high and low is -0.02.
MNT SOS average rate for January 2024 is 0.16669, the change between 01/01/2024 and 31/01/2024 is -0.27 %.
01 January 2024 | 1 MNT = 0.1665 SOS |
02 January 2024 | 1 MNT = 0.1666 SOS |
03 January 2024 | 1 MNT = 0.1665 SOS |
04 January 2024 | 1 MNT = 0.1666 SOS |
05 January 2024 | 1 MNT = 0.1666 SOS |
08 January 2024 | 1 MNT = 0.1666 SOS |
09 January 2024 | 1 MNT = 0.1666 SOS |
10 January 2024 | 1 MNT = 0.1666 SOS |
11 January 2024 | 1 MNT = 0.1666 SOS |
12 January 2024 | 1 MNT = 0.1666 SOS |
15 January 2024 | 1 MNT = 0.1666 SOS |
16 January 2024 | 1 MNT = 0.1667 SOS |
17 January 2024 | 1 MNT = 0.1666 SOS |
18 January 2024 | 1 MNT = 0.1667 SOS |
19 January 2024 | 1 MNT = 0.1667 SOS |
22 January 2024 | 1 MNT = 0.1667 SOS |
23 January 2024 | 1 MNT = 0.1667 SOS |
24 January 2024 | 1 MNT = 0.1667 SOS |
25 January 2024 | 1 MNT = 0.1667 SOS |
26 January 2024 | 1 MNT = 0.1669 SOS |
29 January 2024 | 1 MNT = 0.1669 SOS |
30 January 2024 | 1 MNT = 0.1670 SOS |
31 January 2024 | 1 MNT = 0.1670 SOS |
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.