Somali shilling mongolian tugrik history for March 2024. The highest quote for this month is 5.954 (01/03/2024) and the lowest 5.9478 (01/03/2024). The difference between high and low is 0.1.
SOS MNT average rate for March 2024 is 5.94395, the change between 01/03/2024 and 31/03/2024 is +0.08 %.
| 01 March 2024 | 1 SOS = 5.95 MNT |
| 04 March 2024 | 1 SOS = 5.95 MNT |
| 05 March 2024 | 1 SOS = 5.94 MNT |
| 06 March 2024 | 1 SOS = 5.94 MNT |
| 07 March 2024 | 1 SOS = 5.94 MNT |
| 08 March 2024 | 1 SOS = 5.94 MNT |
| 11 March 2024 | 1 SOS = 5.94 MNT |
| 12 March 2024 | 1 SOS = 5.94 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.