Historic Russian ruble Mongolian Tugrik

Russian ruble mongolian tugrik history for December 2023. The highest quote for this month is 37.949 (13/12/2023) and the lowest 38.718 (01/12/2023). The difference between high and low is -2.03.

RUB MNT average rate for December 2023 is 37.60189, the change between 01/12/2023 and 31/12/2023 is -1.06 %.

01 December 20231 RUB = 38.16 MNT
02 December 20231 RUB = 37.64 MNT
03 December 20231 RUB = 37.90 MNT
04 December 20231 RUB = 37.63 MNT
05 December 20231 RUB = 37.51 MNT
06 December 20231 RUB = 38.04 MNT
07 December 20231 RUB = 36.94 MNT
08 December 20231 RUB = 37.08 MNT
10 December 20231 RUB = 37.31 MNT
11 December 20231 RUB = 37.19 MNT
12 December 20231 RUB = 37.67 MNT
13 December 20231 RUB = 37.91 MNT
14 December 20231 RUB = 38.30 MNT
15 December 20231 RUB = 38.21 MNT
16 December 20231 RUB = 37.73 MNT
17 December 20231 RUB = 37.81 MNT
18 December 20231 RUB = 37.73 MNT
19 December 20231 RUB = 37.76 MNT
20 December 20231 RUB = 37.79 MNT
21 December 20231 RUB = 37.95 MNT
22 December 20231 RUB = 36.80 MNT
23 December 20231 RUB = 37.03 MNT
24 December 20231 RUB = 37.00 MNT
26 December 20231 RUB = 37.12 MNT
27 December 20231 RUB = 37.26 MNT
28 December 20231 RUB = 37.23 MNT
29 December 20231 RUB = 38.57 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.

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.