Historic Thai baht Mongolian Tugrik

Thai baht mongolian tugrik history for January 2024. The highest quote for this month is 99.23 (02/01/2024) and the lowest 100.01 (02/01/2024). The difference between high and low is -0.79.

THB MNT average rate for January 2024 is 97.16248, the change between 01/01/2024 and 31/01/2024 is +2.9 %.

01 January 20241 THB = 99.09 MNT
02 January 20241 THB = 99.35 MNT
03 January 20241 THB = 99.70 MNT
04 January 20241 THB = 98.99 MNT
05 January 20241 THB = 98.86 MNT
06 January 20241 THB = 98.31 MNT
07 January 20241 THB = 98.48 MNT
08 January 20241 THB = 98.43 MNT
09 January 20241 THB = 97.58 MNT
10 January 20241 THB = 97.65 MNT
11 January 20241 THB = 97.37 MNT
12 January 20241 THB = 97.44 MNT
14 January 20241 THB = 97.66 MNT
15 January 20241 THB = 97.55 MNT
16 January 20241 THB = 97.49 MNT
17 January 20241 THB = 96.32 MNT
18 January 20241 THB = 95.76 MNT
19 January 20241 THB = 95.88 MNT
22 January 20241 THB = 95.90 MNT
23 January 20241 THB = 95.75 MNT
24 January 20241 THB = 95.59 MNT
25 January 20241 THB = 95.41 MNT
26 January 20241 THB = 95.27 MNT
28 January 20241 THB = 95.73 MNT
29 January 20241 THB = 95.61 MNT
30 January 20241 THB = 96.02 MNT
31 January 20241 THB = 96.22 MNT

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.

01/12/1925: Introduction of the Tugrik Currency

Mongolia officially introduces the Tugrik as its national currency, replacing the previous currency system.
THB MNT July 2023
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