Mongolian Tugrik syrian pound history for March 2024. The highest quote for this month is 3.8519 (08/03/2024) and the lowest 3.8519 (07/03/2024). The difference between high and low is 0.
MNT SYP average rate for March 2024 is 3.85044, the change between 01/03/2024 and 31/03/2024 is -0.08 %.
01 March 2024 | 1 MNT = 3.848 SYP |
03 March 2024 | 1 MNT = 3.848 SYP |
04 March 2024 | 1 MNT = 3.849 SYP |
05 March 2024 | 1 MNT = 3.851 SYP |
06 March 2024 | 1 MNT = 3.851 SYP |
07 March 2024 | 1 MNT = 3.852 SYP |
08 March 2024 | 1 MNT = 3.852 SYP |
10 March 2024 | 1 MNT = 3.852 SYP |
11 March 2024 | 1 MNT = 3.851 SYP |
12 March 2024 | 1 MNT = 3.851 SYP |
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.