Historic Moroccan dirham Mongolian Tugrik

Moroccan dirham mongolian tugrik history for December 2023. The highest quote for this month is 355.58 (29/12/2023) and the lowest 359.93 (28/12/2023). The difference between high and low is -1.22.

MAD MNT average rate for December 2023 is 343.4963, the change between 01/12/2023 and 31/12/2023 is +1.87 %.

01 December 20231 MAD = 351.6 MNT
02 December 20231 MAD = 340.4 MNT
03 December 20231 MAD = 340.4 MNT
04 December 20231 MAD = 351.5 MNT
05 December 20231 MAD = 340.4 MNT
06 December 20231 MAD = 339.8 MNT
07 December 20231 MAD = 339.5 MNT
08 December 20231 MAD = 338.9 MNT
10 December 20231 MAD = 337.2 MNT
11 December 20231 MAD = 348.4 MNT
12 December 20231 MAD = 347.5 MNT
13 December 20231 MAD = 347.7 MNT
14 December 20231 MAD = 335.7 MNT
15 December 20231 MAD = 339.2 MNT
16 December 20231 MAD = 337.9 MNT
17 December 20231 MAD = 337.9 MNT
18 December 20231 MAD = 347.6 MNT
19 December 20231 MAD = 348.7 MNT
20 December 20231 MAD = 338.4 MNT
21 December 20231 MAD = 340.4 MNT
22 December 20231 MAD = 343.2 MNT
23 December 20231 MAD = 344.7 MNT
24 December 20231 MAD = 344.4 MNT
26 December 20231 MAD = 355.7 MNT
27 December 20231 MAD = 344.3 MNT
28 December 20231 MAD = 348.2 MNT
29 December 20231 MAD = 345.0 MNT

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.

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.
MAD MNT July 2023
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