The​ historical exchange rate of the ⁤MNT (Mongolian Tögrög) to USD (United states Dollar) offers profound ​insights into the economic dynamics and currency‍ valuation‌ trends of Mongolia. Over⁣ the years,fluctuations in ⁤this exchange rate have‍ been influenced by various⁢ factors,including:

• Economic Stability: Stability in‌ mongolia’s economy often‌ leads to a strengthening of the MNT against the⁤ USD.
• Commodity Prices: As Mongolia ‌is rich in natural resources, changes in global⁢ commodity prices significantly impact the currency.
• Political Climate: Political events or changes in governance can lead to ‍investor confidence, affecting currency stability.
• Foreign Investments: ​Increased foreign investment tends to‌ bolster ‍the MNT’s value ‌against the USD.

To illustrate thes trends, a comparative table of yearly exchange rates ⁢over the last decade reveals key fluctuations:

This table not‍ only captures the essence of the ‌MNT’s depreciation over time but also​ encourages further exploration into the underlying causes behind these changes. Understanding⁣ these trends ⁣is crucial for businesses, investors, and policymakers ⁢who navigate the complex landscape of international‍ finance.