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Mongolian Tugrug Firms Month on Month Against Major Currencies www.montsame.mn
According to the Bank of Mongolia, the average monthly exchange rate of the national currency, the tugrug, against the U.S. dollar stood at MNT 3,571.66 in November this year, representing a depreciation of MNT 158.9 compared with the same period last year, while appreciating by MNT 20.1 from the previous month.
During the same period, the average monthly exchange rate of the tugrug against the euro was MNT 4,128.71, weakening by MNT 498.2 year on year, but strengthening by MNT 52.3 month on month.
The average monthly exchange rate against the Russian ruble stood at MNT 44.42, marking a depreciation of MNT 10.4 from a year earlier and a marginal appreciation of MNT 0.01 compared with the previous month, the National Statistics Office of Mongolia reported.
Meanwhile, the average monthly exchange rate of the tugrug against the Chinese yuan reached MNT 502.37 last month, down MNT 28.7 year on year, but up MNT 2.1 month on month.
Published Date:2025-12-22
