Historic North Korean won Mongolian Tugrik

North Korean won mongolian tugrik history for January 2024. The highest quote for this month is 3.7971 (03/01/2024) and the lowest 3.7897 (01/01/2024). The difference between high and low is 0.19.

KPW MNT average rate for January 2024 is 3.78629, the change between 01/01/2024 and 31/01/2024 is +0.27 %.

01 January 20241 KPW = 3.790 MNT
02 January 20241 KPW = 3.789 MNT
03 January 20241 KPW = 3.790 MNT
04 January 20241 KPW = 3.788 MNT
05 January 20241 KPW = 3.788 MNT
06 January 20241 KPW = 3.788 MNT
07 January 20241 KPW = 3.788 MNT
08 January 20241 KPW = 3.788 MNT
09 January 20241 KPW = 3.788 MNT
10 January 20241 KPW = 3.788 MNT
11 January 20241 KPW = 3.788 MNT
12 January 20241 KPW = 3.788 MNT
14 January 20241 KPW = 3.788 MNT
15 January 20241 KPW = 3.788 MNT
16 January 20241 KPW = 3.787 MNT
17 January 20241 KPW = 3.787 MNT
18 January 20241 KPW = 3.785 MNT
19 January 20241 KPW = 3.785 MNT
22 January 20241 KPW = 3.786 MNT
23 January 20241 KPW = 3.785 MNT
24 January 20241 KPW = 3.786 MNT
25 January 20241 KPW = 3.786 MNT
26 January 20241 KPW = 3.782 MNT
28 January 20241 KPW = 3.782 MNT
29 January 20241 KPW = 3.782 MNT
30 January 20241 KPW = 3.780 MNT
31 January 20241 KPW = 3.779 MNT

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

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.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

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.
KPW MNT January 2024
KPW MNT February 2024
KPW MNT March 2024
KPW MNT April 2024
KPW MNT May 2024
KPW MNT June 2024
KPW MNT July 2024
KPW MNT August 2024
KPW MNT September 2024
KPW MNT October 2024
KPW MNT November 2024
KPW MNT December 2024
KPW MNT January 2025