Mongolia Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Mongolia's exchange rate was 3,662.74 in 2025, ranked 13th globally. This represents a 8.0% increase from 2024. Data from World Bank, covering 1991–2025.
Overview
Mongolia's exchange rate stood at 3,662.74 in 2025, a rise of +272.76 from 2024. Based on recent trends, this figure is projected to reach 3,662.74 by 2025. Mongolia ranked 13th globally.
Mongolia’s exchange rate has risen dramatically over the 35‑year series, moving from a trough of 8.01 in 1991 to an all‑time peak of 3,662.74 in 2025, placing the country 13th globally among World Bank reporting economies. The steep depreciation reflects a combination of persistent current‑account deficits, reliance on commodity exports and limited foreign‑exchange reserves, which have amplified vulnerability to external shocks such as fluctuations in global mineral prices. Compared with peers of similar rank, Uganda’s rate of 3,760.84 and the Syrian Arab Republic’s 3,581.54 illustrate that Mongolia’s depreciation is among the most pronounced in the cohort, yet slightly less severe than Cambodia’s 4,086.67. The upward trajectory has been reinforced by modest monetary tightening and gradual fiscal consolidation, but further improvements in export diversification and the development of a more robust financial sector will be critical to stabilising the currency and moderating future depreciation.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 4,016.71 | - | - |
| 2026* trend | 3,839.73 | - | - |
| 2025* trend | 3,662.74 | - | - |
| 2025 | 3,662.74 | +272.76 | #13 |
| 2024 | 3,389.98 | −75.76 | #186 |
| 2023 | 3,465.74 | +325.06 | #191 |
| 2022 | 3,140.68 | +291.39 | #195 |
| 2021 | 2,849.29 | +36.00 | #195 |
| 2020 | 2,813.29 | +149.75 | #196 |
| 2019 | 2,663.54 | +191.06 | #195 |
| 2018 | 2,472.48 | +32.71 | #195 |
| 2017 | 2,439.78 | +299.49 | #195 |
| 2016 | 2,140.29 | +169.98 | #194 |
| 2015 | 1,970.31 | +152.37 | #194 |
| 2014 | 1,817.94 | +294.01 | #195 |
| 2013 | 1,523.93 | +166.35 | #193 |
| 2012 | 1,357.58 | +92.06 | #192 |
| 2011 | 1,265.52 | −91.55 | #193 |
Detected Pattern
Analysis
Mongolia matched the Export Boom Cycle pattern in 2023. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Mongolia's exchange rate was 3,662.74 in 2025. Ranked 13th globally. This represents a 8.0% increase from the previous year.
Mongolia's exchange rate peaked at 3,662.74 in 2025.
The lowest exchange rate in Mongolia was 8.01 in 1991.
Mongolia ranks 13th globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Mongolia's exchange rate is projected to reach 3,662.74 by 2025 based on trend extrapolation.
The exchange rate of Mongolia in 2025 was 3,662.74. This ranks 13th in the world.
Cite this page
@misc{historysaid_mongolia_exchange-rate,
title = {Mongolia Exchange Rate},
url = {https://historysaid.com/mongolia/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}