Russian ruble mongolian tugrik history for June 2023. The highest quote for this month is 42.4 (03/06/2023) and the lowest 42.849 (02/06/2023). The difference between high and low is -1.06.
RUB MNT average rate for June 2023 is 41.5588, the change between 01/06/2023 and 30/06/2023 is +3.57 %.
02 June 2023 | 1 RUB = 42.58 MNT |
03 June 2023 | 1 RUB = 42.40 MNT |
09 June 2023 | 1 RUB = 41.99 MNT |
12 June 2023 | 1 RUB = 41.62 MNT |
13 June 2023 | 1 RUB = 41.04 MNT |
16 June 2023 | 1 RUB = 41.19 MNT |
19 June 2023 | 1 RUB = 41.17 MNT |
20 June 2023 | 1 RUB = 41.00 MNT |
24 June 2023 | 1 RUB = 41.55 MNT |
26 June 2023 | 1 RUB = 41.06 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.