Historic Mongolian Tugrik Arab Emirates Dirham

Mongolian Tugrik arab emirates dirham history for January 2024. The highest quote for this month is 0.00108 (31/01/2024) and the lowest 0.00108 (31/01/2024). The difference between high and low is 0.

MNT AED average rate for January 2024 is 0.00108, the change between 01/01/2024 and 31/01/2024 is -0.28 %.

01 January 20241 MNT = 0.0011 AED
02 January 20241 MNT = 0.0011 AED
03 January 20241 MNT = 0.0011 AED
04 January 20241 MNT = 0.0011 AED
05 January 20241 MNT = 0.0011 AED
06 January 20241 MNT = 0.0011 AED
07 January 20241 MNT = 0.0011 AED
08 January 20241 MNT = 0.0011 AED
09 January 20241 MNT = 0.0011 AED
10 January 20241 MNT = 0.0011 AED
11 January 20241 MNT = 0.0011 AED
12 January 20241 MNT = 0.0011 AED
14 January 20241 MNT = 0.0011 AED
15 January 20241 MNT = 0.0011 AED
16 January 20241 MNT = 0.0011 AED
17 January 20241 MNT = 0.0011 AED
18 January 20241 MNT = 0.0011 AED
19 January 20241 MNT = 0.0011 AED
22 January 20241 MNT = 0.0011 AED
23 January 20241 MNT = 0.0011 AED
24 January 20241 MNT = 0.0011 AED
25 January 20241 MNT = 0.0011 AED
26 January 20241 MNT = 0.0011 AED
28 January 20241 MNT = 0.0011 AED
29 January 20241 MNT = 0.0011 AED
30 January 20241 MNT = 0.0011 AED
31 January 20241 MNT = 0.0011 AED

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.
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