Historic Samoan Tala Mongolian Tugrik

Samoan Tala mongolian tugrik history for February 2024. The highest quote for this month is 1265.77 (17/02/2024) and the lowest 1267.76 (07/02/2024). The difference between high and low is -0.16.

WST MNT average rate for February 2024 is 1246.72037, the change between 01/02/2024 and 29/02/2024 is +0.94 %.

01 February 20241 WST = 1243.48 MNT
02 February 20241 WST = 1243.97 MNT
03 February 20241 WST = 1243.97 MNT
04 February 20241 WST = 1243.97 MNT
05 February 20241 WST = 1237.65 MNT
06 February 20241 WST = 1234.84 MNT
07 February 20241 WST = 1267.76 MNT
08 February 20241 WST = 1267.23 MNT
09 February 20241 WST = 1236.24 MNT
12 February 20241 WST = 1240.65 MNT
13 February 20241 WST = 1239.92 MNT
14 February 20241 WST = 1266.74 MNT
15 February 20241 WST = 1265.67 MNT
16 February 20241 WST = 1265.77 MNT
17 February 20241 WST = 1265.77 MNT
18 February 20241 WST = 1265.77 MNT
19 February 20241 WST = 1238.60 MNT
20 February 20241 WST = 1238.66 MNT
21 February 20241 WST = 1240.54 MNT
22 February 20241 WST = 1240.12 MNT
23 February 20241 WST = 1241.47 MNT
24 February 20241 WST = 1241.47 MNT
25 February 20241 WST = 1241.47 MNT
26 February 20241 WST = 1241.29 MNT
27 February 20241 WST = 1238.50 MNT
28 February 20241 WST = 1238.14 MNT
29 February 20241 WST = 1231.79 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.