Mongolia Tugrik

The Mongolia Tugrik remained unchanged at 1772.50 in April from 1772.50 in March of 2014. Mongolia Tugrik averaged 1298.70 from 1996 until 2014, reaching an all time high of 1779.50 in March of 2014 and a record low of 601.70 in September of 1996. The USDMNT spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the MNT. While the USDMNT spot exchange rate is quoted and exchanged in the same day, the USDMNT forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Mongolia Tugrik - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-25

Actual Previous Highest Lowest Forecast Dates Unit Frequency
1772.50 1772.50 1779.50 601.70 1768.09 | 2014/05 1996 - 2014 Daily

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Mongolia Tugrik
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Markets Last Previous Highest Lowest Forecast Unit
Currency 1772.50 2014-04-24 1772.50 1779.50 601.70 1768.09 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Mongolia Unemployment Rate at 7.60 Percent  
Unemployment Rate in Mongolia increased to 7.60 percent in the third quarter of 2013 from 7.30 percent in the second quarter of 2013. Unemployment Rate in Mongolia is reported by the National Statistical Office of Mongolia.
Mongolia Current Account to GDP at -27.89 Percent  
Mongolia recorded a Current Account deficit of 27.89 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Mongolia is reported by the Mongolbank.
Mongolia Balance of Trade at -21.13 USD Million  
Mongolia recorded a trade deficit of 21.13 USD Million in January of 2014. Balance of Trade in Mongolia is reported by the Mongolbank.
Mongolia Exports at 219.18 USD Million  
Exports in Mongolia decreased to 219.18 USD Million in January of 2014 from 405.60 USD Million in December of 2013. Exports in Mongolia is reported by the Mongolbank.
Mongolia Imports at 240.30 USD Million  
Imports in Mongolia decreased to 240.30 USD Million in January of 2014 from 438.80 USD Million in December of 2013. Imports in Mongolia is reported by the Mongolbank.
Mongolia GDP Annual Growth Rate at 11.70 Percent  
The Gross Domestic Product (GDP) in Mongolia expanded 11.70 percent in the fourth quarter of 2013 over the same quarter of the previous year. GDP Annual Growth Rate in Mongolia is reported by the National Statistical Office of Mongolia.
Mongolia Current Account at -71.00 USD Million  
Mongolia recorded a Current Account deficit of 71 USD Million in January of 2014. Current Account in Mongolia is reported by the Mongolbank.
Mongolia Inflation Rate at 12.40 Percent  
The inflation rate in Mongolia was recorded at 12.40 percent in March of 2014. Inflation Rate in Mongolia is reported by the Mongolbank.
Mongolia Interest Rate at 10.50 Percent  
The benchmark interest rate in Mongolia was last recorded at 10.50 percent. Interest Rate in Mongolia is reported by the Mongolbank.
Mongolia Personal Income Tax Rate at 10.00 percent  
The Personal Income Tax Rate in Mongolia stands at 10 percent. Personal Income Tax Rate in Mongolia is reported by the General Department of National Taxation.
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LATEST NEWS

Tokyo Core CPI At 22- Year High in April  
Core consumer prices in Tokyo, a leading indicator of nationwide inflation, rose 2.7 percent in April from a year earlier, the fastest gain since 1992 as an increase in sales tax drove up cost of goods and services.
US Durable Goods Orders Surge in March  
New orders for manufactured durable goods in March increased $6.0 billion or 2.6 percent to $234.8 billion. This increase, up two consecutive months, followed a 2.1 percent February increase.
US Jobless Claims Rise in Latest Week  
In the week ending April 19, the advance figure for seasonally adjusted initial claims was 329,000, an increase of 24,000 from the previous week's revised level. There were no special factors impacting this week's initial claims.
Central Bank of Turkey Leaves Main Rates on Hold  
The Monetary Policy Committee decided on April 24th, 2014, to leave the one-week repo rate on hold at 10.0 percent for the third straight meeting. The Central Bank said it will maintain the current policy stance until there is a significant improvement in the outlook for inflation.
Swiss Trade Surplus Narrows Further in March  
The trade surplus decreased 10.6 percent in March of 2014 from the previous month to CHF 2.1 billion as imports rose at a higher pace than exports. Compared with a year earlier, the trade balance increased by 17.2 percent, driven by stronger sales of pharmaceuticals and chemicals products, and machinery to Europe and China.
Polish Unemployment Rate Falls in March  
Poland’s jobless rate dropped for the second straight month in March of 2014 to 13.5 percent, down from 13.9 percent in February and below market forecasts. A year earlier, unemployment was recorded at 14.3 percent.
South Korean Economy Expands at a Fastest Pace  
In the first quarter of 2014, South Korea’s GDP accelerated for the fourth straight quarter to an annual 3.9 percent growth rate, driven by exports.
South Korea GDP Growth Beats Expectations in Q1  
South Korean GDP expanded a seasonally adjusted 0.9 percent on quarter in the first three months of 2014, the same rate recorded in the previous quarter and above market expectations.
Reserve Bank of New Zealand Increases Interest Rate to 3.0%  
At its April 23rd, 2014 meeting, the Reserve Bank of New Zealand lifted the benchmark interest rate for the second straight meeting by 25 bps to 3.0 percent, as inflationary pressures were increasing and were expected to continue doing so over the next two years.
US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
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