FX rate to USD at the end of period fell 4.04% yoy to 3,376 per USD in Mongolia in 1Q2024, according to the National Statistical Office. This is 1.02% less than in the previous quarter.
Historically, FX rate to USD at the end of period in Mongolia reached an all time high of 3,518 per USD in 1Q2023 and an all time low of 5.33 per USD in 4Q1990. When compared to Mongolia's main peers, FX rate to USD at the end of period in China amounted to 7.22 per USD, 447 per USD in Kazakhstan, 89.5 per USD in Kyrgyzstan and 92.4 per USD in Russia in 1Q2024.
Mongolia has been ranked 7th within the group of 108 countries we follow in terms of FX rate to USD at the end of period, 6 places above the position seen 10 years ago.
| FX Rate to USD (End of Period) | Unit | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| China | per USD | 7.10 | 6.99 | 6.87 | 7.26 | 7.30 | ||||||||||||||||
| Germany | per USD | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| India | per USD | 81.6 | 82.8 | 82.2 | 82.0 | 83.1 | ||||||||||||||||
| Japan | per USD | 145 | 133 | 133 | 145 | 149 | ||||||||||||||||
| Kazakhstan | per USD | 477 | 463 | 452 | 453 | 474 | ||||||||||||||||
| Kyrgyzstan | per USD | 80.2 | 85.7 | 87.4 | 87.2 | 88.7 | ||||||||||||||||
| Mongolia | per USD | 3,344 | 3,445 | 3,518 | 3,433 | 3,460 | ||||||||||||||||
| Russia | per USD | 57.4 | 70.3 | 77.1 | 87.0 | 97.4 | ||||||||||||||||
| Tajikistan | per USD | 10.2 | 10.2 | 10.9 | 10.9 | 11.0 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Uzbekistan | per USD | 11,014 | 11,225 | 11,433 | 11,488 | 12,175 | ... |
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