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.
31/07/2013: Polymer Banknotes Issued
Polymer banknotes were issued in Paraguay, enhancing durability and counterfeit resistance of currency notes.
24/10/2011: Currency Redenomination
A currency redenomination took place, where 1,000 old Guaraní became equal to 1 new Guaraní.
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.
12/06/1995: Introduction of New Banknotes
New banknotes were introduced, featuring enhanced security features and updated designs.
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.
01/03/1990: New Currency Symbol
A new currency symbol, ₲, was officially adopted for the Paraguayan Guaraní.
12/04/1982: Decree on Currency Stability
The Paraguayan government issued a decree to maintain the stability of the Paraguayan Guaraní.
30/10/1953: Monetary Reform
A new monetary reform was implemented, replacing existing banknotes with new designs.
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.
04/03/1943: Paraguayan Guaraní Introduced
The Paraguayan government introduced the Paraguayan Guaraní as the official currency of Paraguay.
01/12/1925: Introduction of the Tugrik Currency
Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.