Average FX rate to USD rose 9.18% yoy to 3,442 per USD in Mongolia in July 2023, according to the National Statistical Office. This is 0.119% more than in the previous month.
Historically, Average FX rate to USD in Mongolia reached an all time high of 3,525 per USD in March 2023 and an all time low of 5.33 per USD in December 1990. When compared to Mongolia's main peers, Average FX rate to USD in China amounted to 7.19 per USD, 445 per USD in Kazakhstan, 87.7 per USD in Kyrgyzstan and 90.4 per USD in Russia in July 2023.
Mongolia has been ranked 9th within the group of 139 countries we follow in terms of Average FX rate to USD, 7 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | Dec 2021 | Jan 2022 | Feb 2022 | Mar 2022 | Apr 2022 | May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 |
| China | per USD | 6.84 | 6.90 | 6.89 | 6.99 | 7.16 | ||||||||||||||||
| Germany | per USD | 0.933 | 0.934 | 0.912 | 0.920 | 0.923 | ||||||||||||||||
| India | per USD | 82.6 | 82.3 | 82.0 | 82.3 | 82.2 | ||||||||||||||||
| Japan | per USD | 133 | 134 | 133 | 137 | 141 | ||||||||||||||||
| Kazakhstan | per USD | 452 | 450 | 451 | 447 | 449 | ||||||||||||||||
| Kyrgyzstan | per USD | 86.9 | 87.4 | 87.5 | 87.5 | 87.5 | ... | |||||||||||||||
| Mongolia | per USD | 3,508 | 3,525 | 3,496 | 3,461 | 3,438 | ... | |||||||||||||||
| Russia | per USD | 73.0 | 76.1 | 80.9 | 78.9 | 83.1 | ||||||||||||||||
| Tajikistan | per USD | 10.5 | 10.9 | 10.9 | 10.9 | 10.9 | ... | |||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | ||||||||||||||||
| Uzbekistan | per USD | 11,332 | 11,397 | 11,408 | 11,441 | 11,457 |
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