Mongolian Tugrik united states dollar history for December 2023. The highest quote for this month is 0.000293 (20/12/2023) and the lowest 0.000293 (19/12/2023). The difference between high and low is 0.
MNT USD average rate for December 2023 is 0.00029, the change between 01/12/2023 and 31/12/2023 is -0.69 %.
01 December 2023 | 1 MNT = 0.0003 USD |
02 December 2023 | 1 MNT = 0.0003 USD |
03 December 2023 | 1 MNT = 0.0003 USD |
04 December 2023 | 1 MNT = 0.0003 USD |
05 December 2023 | 1 MNT = 0.0003 USD |
06 December 2023 | 1 MNT = 0.0003 USD |
07 December 2023 | 1 MNT = 0.0003 USD |
08 December 2023 | 1 MNT = 0.0003 USD |
10 December 2023 | 1 MNT = 0.0003 USD |
11 December 2023 | 1 MNT = 0.0003 USD |
12 December 2023 | 1 MNT = 0.0003 USD |
13 December 2023 | 1 MNT = 0.0003 USD |
14 December 2023 | 1 MNT = 0.0003 USD |
15 December 2023 | 1 MNT = 0.0003 USD |
16 December 2023 | 1 MNT = 0.0003 USD |
17 December 2023 | 1 MNT = 0.0003 USD |
18 December 2023 | 1 MNT = 0.0003 USD |
19 December 2023 | 1 MNT = 0.0003 USD |
20 December 2023 | 1 MNT = 0.0003 USD |
21 December 2023 | 1 MNT = 0.0003 USD |
22 December 2023 | 1 MNT = 0.0003 USD |
23 December 2023 | 1 MNT = 0.0003 USD |
24 December 2023 | 1 MNT = 0.0003 USD |
26 December 2023 | 1 MNT = 0.0003 USD |
27 December 2023 | 1 MNT = 0.0003 USD |
28 December 2023 | 1 MNT = 0.0003 USD |
29 December 2023 | 1 MNT = 0.0003 USD |
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.