Historic Singapore dollar Mongolian Tugrik

Singapore dollar mongolian tugrik history for January 2024. The highest quote for this month is 2585.74 (01/01/2024) and the lowest 2586.16 (02/01/2024). The difference between high and low is -0.02.

SGD MNT average rate for January 2024 is 2554.16667, the change between 01/01/2024 and 31/01/2024 is +1.78 %.

01 January 20241 SGD = 2585.74 MNT
02 January 20241 SGD = 2584.98 MNT
03 January 20241 SGD = 2571.55 MNT
04 January 20241 SGD = 2566.43 MNT
05 January 20241 SGD = 2564.66 MNT
06 January 20241 SGD = 2565.02 MNT
07 January 20241 SGD = 2565.02 MNT
08 January 20241 SGD = 2564.18 MNT
09 January 20241 SGD = 2566.04 MNT
10 January 20241 SGD = 2561.72 MNT
11 January 20241 SGD = 2561.75 MNT
12 January 20241 SGD = 2564.23 MNT
14 January 20241 SGD = 2560.19 MNT
15 January 20241 SGD = 2559.59 MNT
16 January 20241 SGD = 2554.98 MNT
17 January 20241 SGD = 2539.07 MNT
18 January 20241 SGD = 2533.87 MNT
19 January 20241 SGD = 2535.13 MNT
22 January 20241 SGD = 2541.88 MNT
23 January 20241 SGD = 2538.15 MNT
24 January 20241 SGD = 2540.90 MNT
25 January 20241 SGD = 2543.13 MNT
26 January 20241 SGD = 2539.67 MNT
28 January 20241 SGD = 2538.89 MNT
29 January 20241 SGD = 2536.46 MNT
30 January 20241 SGD = 2539.53 MNT
31 January 20241 SGD = 2539.74 MNT

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.

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.
SGD MNT January 2024
SGD MNT February 2024
SGD MNT March 2024
SGD MNT April 2024
SGD MNT May 2024
SGD MNT June 2024
SGD MNT July 2024
SGD MNT August 2024
SGD MNT September 2024
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SGD MNT November 2024
SGD MNT December 2024
SGD MNT January 2025