Exchange Rate in Mongolia

Mongolia Exchange Rate | Economic News & Forecasts

Mongolia - Exchange Rate

A detailed release shows GDP declined 0.5% in annual terms in Q2, after growing 15.1% and surpassing pre-pandemic levels in Q1. Looking at the details of the print, the external sector deteriorated, as softer demand from China weighed on exports according to Chinese customs data. That said, domestic demand dynamics strengthened, with private spending, government consumption and fixed investment all improving in the quarter. Moving on to Q3, economic activity has likely been suppressed by high numbers of Covid-19 cases, with industrial data showing a cumulative slowdown in July. Daily cases have fallen since their peak in mid-June, but they remain high in August. That said, restrictions remain relatively relaxed as over 60% of the population is now fully vaccinated.

Mongolia - Exchange Rate Data

2015   2016   2017   2018   2019  
Exchange Rate (vs USD)-     -     -     -     -     

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Mongolia Exchange Rate Chart


Mongolia Exchange Rate
Note: Exchange rate, MNT per USD (eop).
Source: Thomson Reuters.

Mongolia Facts

Value Change Date
Exchange Rate2,735-0.04 %Jan 01

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