New Zealand Dollar mongolian tugrik exchange rate history (NZD MNT) January 2024

New Zealand Dollar mongolian tugrik history for January 2024. The highest quote for this month is 2155.45 (01/01/2024) and the lowest 2156.58 (01/01/2024). The difference between high and low is -0.05.

NZD MNT average rate for January 2024 is 2108.80519, the change between 01/01/2024 and 31/01/2024 is +3.24 %.

01 January 2024	1 NZD = 2155.45 MNT
02 January 2024	1 NZD = 2153.75 MNT
03 January 2024	1 NZD = 2131.72 MNT
04 January 2024	1 NZD = 2131.20 MNT
05 January 2024	1 NZD = 2124.52 MNT
06 January 2024	1 NZD = 2128.50 MNT
07 January 2024	1 NZD = 2131.43 MNT
08 January 2024	1 NZD = 2130.46 MNT
09 January 2024	1 NZD = 2131.48 MNT
10 January 2024	1 NZD = 2126.95 MNT
11 January 2024	1 NZD = 2123.78 MNT
12 January 2024	1 NZD = 2128.10 MNT
14 January 2024	1 NZD = 2129.65 MNT
15 January 2024	1 NZD = 2124.92 MNT
16 January 2024	1 NZD = 2109.92 MNT
17 January 2024	1 NZD = 2093.13 MNT
18 January 2024	1 NZD = 2082.52 MNT
19 January 2024	1 NZD = 2084.87 MNT
22 January 2024	1 NZD = 2084.59 MNT
23 January 2024	1 NZD = 2069.27 MNT
24 January 2024	1 NZD = 2079.41 MNT
25 January 2024	1 NZD = 2081.17 MNT
26 January 2024	1 NZD = 2079.40 MNT
28 January 2024	1 NZD = 2074.78 MNT
29 January 2024	1 NZD = 2073.97 MNT
30 January 2024	1 NZD = 2087.08 MNT
31 January 2024	1 NZD = 2085.72 MNT

20/03/2020: COVID-19 Pandemic Effects

The outbreak of the COVID-19 pandemic causes global economic turmoil, leading to volatility in the New Zealand dollar exchange rate and GDP contraction.

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.

10/10/2008: Global Financial Crisis Hits New Zealand

New Zealand experiences the impact of the global financial crisis, leading to a sharp depreciation of the New Zealand dollar and economic slowdown.

10/07/2005: Polymer Banknotes Introduced

New Zealand introduces polymer banknotes, replacing the traditional paper notes for increased durability and security.

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.

05/10/1987: Black Monday Stock Market Crash

Global stock market crash leads to a significant devaluation of the New Zealand dollar and a deep recession in the country.

04/03/1985: Floating Exchange Rate Introduced

New Zealand dollar is allowed to float freely against other currencies, marking the end of fixed exchange rates.

10/07/1961: Decimalization of Currency

New Zealand adopts the decimal currency system, replacing the pound with the New Zealand dollar. NZ$1 is equivalent to NZ£2.

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.

19/10/1933: New Zealand Pound Pegged to the British Pound

New Zealand pound is pegged to the British pound at a rate of £1 to NZ£0.624275.

01/12/1925: Introduction of the Tugrik Currency

Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.

Historic New Zealand Dollar Mongolian Tugrik