Historic Ugandan Shilling Mongolian Tugrik

Ugandan Shilling mongolian tugrik history for January 2024. The highest quote for this month is 0.91 (02/01/2024) and the lowest 0.9119 (08/01/2024). The difference between high and low is -0.21.

UGX MNT average rate for January 2024 is 0.90431, the change between 01/01/2024 and 31/01/2024 is +0.98 %.

01 January 20241 UGX = 0.9104 MNT
02 January 20241 UGX = 0.9094 MNT
03 January 20241 UGX = 0.9100 MNT
04 January 20241 UGX = 0.9048 MNT
05 January 20241 UGX = 0.9041 MNT
06 January 20241 UGX = 0.9002 MNT
07 January 20241 UGX = 0.9002 MNT
08 January 20241 UGX = 0.9117 MNT
09 January 20241 UGX = 0.9052 MNT
10 January 20241 UGX = 0.9074 MNT
11 January 20241 UGX = 0.9071 MNT
12 January 20241 UGX = 0.9070 MNT
14 January 20241 UGX = 0.8984 MNT
15 January 20241 UGX = 0.9082 MNT
16 January 20241 UGX = 0.9048 MNT
17 January 20241 UGX = 0.9023 MNT
18 January 20241 UGX = 0.9026 MNT
19 January 20241 UGX = 0.9056 MNT
22 January 20241 UGX = 0.9059 MNT
23 January 20241 UGX = 0.9036 MNT
24 January 20241 UGX = 0.9027 MNT
25 January 20241 UGX = 0.9029 MNT
26 January 20241 UGX = 0.9021 MNT
28 January 20241 UGX = 0.8945 MNT
29 January 20241 UGX = 0.9018 MNT
30 January 20241 UGX = 0.9020 MNT
31 January 20241 UGX = 0.9015 MNT

03/06/2020: COVID-19 Impact on the Shilling

The Ugandan Shilling experienced a significant decline 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.

01/09/2013: Withdrawal of Old Currency Series

The old series of Ugandan Shilling notes were phased out and replaced with the new currency series.

01/07/2010: Issue of New Currency Series

Uganda issued a new series of currency notes with enhanced security features to reduce counterfeiting.

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.

02/05/2003: Introduction of Coins

Uganda introduced coins denominated in Shillings to replace lower-value notes and facilitate transactions.

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.

15/05/1987: Introduction of the 500 Shilling Note

A new 500 Shilling note was introduced to combat the rapid inflation and devaluation of the currency.

05/08/1972: Idi Amin's Currency Change

President Idi Amin ordered the demonetization of old Ugandan Shilling notes and replaced them with new ones, causing an economic crisis.

15/06/1966: Introduction of the Ugandan Shilling

The Ugandan Shilling was introduced as the official currency of Uganda following its independence from British colonial rule.

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.