Historic Rwandan franc Mongolian Tugrik

Rwandan franc mongolian tugrik history for February 2024. The highest quote for this month is 2.6989 (15/02/2024) and the lowest 2.721 (02/02/2024). The difference between high and low is -0.82.

RWF MNT average rate for February 2024 is 2.68877, the change between 01/02/2024 and 29/02/2024 is +0.36 %.

01 February 20241 RWF = 2.694 MNT
02 February 20241 RWF = 2.699 MNT
03 February 20241 RWF = 2.694 MNT
04 February 20241 RWF = 2.694 MNT
05 February 20241 RWF = 2.680 MNT
06 February 20241 RWF = 2.700 MNT
07 February 20241 RWF = 2.690 MNT
08 February 20241 RWF = 2.687 MNT
09 February 20241 RWF = 2.690 MNT
12 February 20241 RWF = 2.703 MNT
13 February 20241 RWF = 2.688 MNT
14 February 20241 RWF = 2.686 MNT
15 February 20241 RWF = 2.707 MNT
16 February 20241 RWF = 2.709 MNT
17 February 20241 RWF = 2.681 MNT
18 February 20241 RWF = 2.681 MNT
19 February 20241 RWF = 2.694 MNT
20 February 20241 RWF = 2.692 MNT
21 February 20241 RWF = 2.704 MNT
22 February 20241 RWF = 2.705 MNT
23 February 20241 RWF = 2.699 MNT
24 February 20241 RWF = 2.673 MNT
25 February 20241 RWF = 2.673 MNT
26 February 20241 RWF = 2.686 MNT
27 February 20241 RWF = 2.676 MNT
28 February 20241 RWF = 2.630 MNT
29 February 20241 RWF = 2.685 MNT

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.

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.
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