Historic Russian ruble Mongolian Tugrik

Russian ruble mongolian tugrik history for November 2023. The highest quote for this month is 40.863 (09/11/2023) and the lowest 39.654 (21/11/2023). The difference between high and low is 2.96.

RUB MNT average rate for November 2023 is 38.30817, the change between 01/11/2023 and 30/11/2023 is -4.75 %.

01 November 20231 RUB = 36.96 MNT
06 November 20231 RUB = 37.58 MNT
07 November 20231 RUB = 37.20 MNT
08 November 20231 RUB = 37.42 MNT
09 November 20231 RUB = 41.10 MNT
10 November 20231 RUB = 37.57 MNT
12 November 20231 RUB = 37.32 MNT
13 November 20231 RUB = 37.35 MNT
14 November 20231 RUB = 37.46 MNT
15 November 20231 RUB = 38.03 MNT
16 November 20231 RUB = 38.48 MNT
17 November 20231 RUB = 38.52 MNT
18 November 20231 RUB = 38.70 MNT
19 November 20231 RUB = 38.70 MNT
20 November 20231 RUB = 38.50 MNT
21 November 20231 RUB = 38.85 MNT
22 November 20231 RUB = 38.97 MNT
23 November 20231 RUB = 38.90 MNT
24 November 20231 RUB = 38.95 MNT
26 November 20231 RUB = 38.41 MNT
27 November 20231 RUB = 38.50 MNT
28 November 20231 RUB = 38.58 MNT
29 November 20231 RUB = 38.65 MNT
30 November 20231 RUB = 38.72 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.