Mongolian tögrög

The tögrög or tugrik (Mongolian: , төгрөг, tögrög; sign: ₮; code: MNT) is the official currency of Mongolia. It was
Mongolian tögrög
historically subdivided into 100 möngö (мөнгө). Currently, the lowest denomination in regular use is the 10-tögrög note Монгол төгрөг (Mongolian)
and the highest is the 20,000-tögrög note. Inunicode, the currency sign is U+20AE ₮ TUGRIK SIGN.

In 2010, the tögrög rose 15% against the dollar, due to the growth of the mining industry in Mongolia.[1] However, its
[2]
exchange rate eroded by 24% from early 2013 to June 2014 due to falling foreign investment and mining revenue.

20,000 tögrög
Contents
ISO 4217
Etymology
Code MNT
History
Denominations
Coins
Banknotes Subunit
Remarks 1/100 möngö (мөнгө)
Chinese equivalent Plural The language(s) of this
Purchasing power with US Dollar conversion currency does not have a
See also morphological plural
References distinction.
External links Symbol ₮
Banknotes 10, 20, 50, 100, 500,
1,000, 5,000, 10,000,
Etymology 20,000 tögrög
The word tögrög (төгрөг) refers to "circle", or a "circular object" (i.e. a coin). Today, it is rarely used outside of referring Rarely used 1, 5 tögrög
to the currency, with the exception of the phrasetögrög sar (төгрөг сар), meaning "full moon".
Coins 20, 50, 100, 200, 500
tögrög
History Demographics
The tögrög was introduced on December 9, 1925[3] at a value equal to one Soviet ruble, where one ruble or tögrög was User(s) Mongolia
equal to 18 grams (0.58 ozt) of silver. It replaced the Mongolian dollar and other currencies and became the sole legal
Issuance
currency on April 1, 1928.
Central bank Bank of Mongolia
Möngö coins are no longer in circulation as currency, owing to their negligible value. Today, they are sold online and to Website www.mongolbank.mn
tourists as collectibles.
Valuation
Inflation 7.3%
Coins
Source Bank of Mongolia
During socialism, the tögrög coin denominations were 1, 2, 5, 10, 15, 20, 50 möngö, and 1 tögrög. After the Mongolian homepage, February
People's Republic came to an end in 1992 and inflation surged, möngö coins were abandoned and larger tögrög values 2019.
introduced.
 Coin Series during the People's Republic of Mongolia era[1]
Date Valueless Minted Calendar
Images Series Composition Obverse Reverse Script
recalled since in used
1-5 möngö:
copper
10-20 möngö:
Mongolian
[2] 1925 0.5 silver 1950 1970
Year 15
50 möngö, 1 Soyombo Mongolian
tögrög: 90%
silver Soviet
Union
1-5 möngö: Mongolian
[3] 1937 1960 1970
aluminium Year 27
bronze coat of arms,
10-20 möngö: "Бүгд Value Mongolian
[4] 1945 1970 1970
cupronickel Найрамдах Year 35
Монгол Ард
Улс" (People's P.R.
[5] 1959 Aluminium Republic of 1990 1990
China
Mongolia)
coat of arms, Common
1970, 77:
1-5 möngö: state title in Era
East
aluminium short (БНМАУ)
[6], [7] 1970, 77, 80, 81 — — Germany
10-50 möngö: for 1-5 möngö,
1980, 81:
cupronickel in full for 10-50
Mongolia
möngö
1971: "БНМАУ", Cyrillic
aluminium Damdin
1971:
bronze, Sükhbaatar on
Circulating & East
cupronickel, a horse, "50
[8] commemorative ? ? Germany —
silver, or gold ЖИЛ" or "60
1 tögrög 1981:
1981: ЖИЛ"
coat of arms, Mongolia
aluminium depending on
bronze full state title, the year
value
6 designs,
1981–88: 1
such as Karl
tögrög with
Aluminium Marx, Soviet- Common
various ? ? Mongolia
bronze Mongolian Era
commemorative
space flight,
subjects
etc.

Current Coins [9]

Image Technical parameters Description Date of
Value first
Obverse Reverse Diameter Thickness Mass Composition Edge Obverse Reverse minting
20 0.78
[10] [11] 17.5 mm 1.5 mm
tögrög g
Aluminium Value
50 1.68
[12] [13] 23 mm 1.8 mm
tögrög g
100 3.84 Plain Value, Janraisig Soyombo 1994
[14] [15] 22 mm 1.5 mm
tögrög g Temple
Value, the
200
[16] [17] 25 mm 1.7 mm 6.2 g Cupronickel Government
tögrög
House
500 Damdin
[18] [19] 22 mm 1.7 mm 4.1 g Smooth Value, Soyombo 2001
tögrög* Sükhbaatar
For table standards, see thecoin specification table.

The asterisk (*): this coin is non-circulating

Banknotes
Like coins, the tögrög banknotes were very similar to the Soviet ruble during the Mongolian People's Republic era. The similarities included color theme, overall design, and
the lineup of the denominations, which were 1, 3, 5, 10, 25, 50, 100 tögrög unless stated otherwise. The color for each value is

1 tögrög: brown
3 tögrög: green
5 tögrög: blue
10 tögrög: green
20 tögrög: red
25 tögrög: lilac
50 tögrög: green
 100 tögrög: brown
Formerly, all banknotes were printed in theSoviet Union. Modern tögrög banknotes are generally printed inGreat Britain.

Banknote Series during the People's Republic of Mongolia era

[20]
Date Valueless Calendar
Image Series Obverse Reverse Script Remark
recalled since used
2 tögrög in
Common
[21] 1925 Soyombo, value Value 1940 1966 green instead
Era
of 3 tögrög
Mongolian Common
Soyombo, Era and
[22] 1939 1955 1966
Sükhbaatar Mongolian
Year 29 25 tögrög in
Common brown
Era and
1941 ? ? Both
Value Mongolian
Year 31
Coat of arms,
Sükhbaatar 25 tögrög in
blue on
[23] 1955 1966 1966 Cyrillic obverse,
brown on
reverse
Common
Value for 1-25 tögrög, the
Era
1966 Government House for 50 and
Coat of arms, 100 tögrög
[24] Sükhbaatar except — — Both
1 tögrög 20 tögrög in
1981, As above, except industrial
green instead
83 theme for 20 tögrög
of 25 tögrög
 1993 Series [25]
Image1 Main Description Date of
Value Dimensions Usage
Obverse Reverse Color Obverse Reverse Watermark printing2

10 Soyombo,
45 × 90 mm Pink Archery
möngö Archery

Very rare
20 Yellow- Soyombo, in
45 × 90 mm Wrestling — 1993
möngö brown Wrestling circulation.
Abundant
among
collectors.

50 Green- Soyombo,
45 × 90 mm Horse riding
möngö cyan Horse riding

1 tögrög 115 × Yellow- Soyombo, Genghis

[26] [27] Lion
( neg ) 57 mm brown Paiza Khan
1993, Rarely
2008, used
5 tögrög 120 × 2014
[28] [29] Orange anywhere
( tavan ) 60 mm
but in
banks
1993, The
10 2002,
125 × smallest
tögrög ( Green 2005,
61 mm commonly
arvan ) 2007,
Mountainous used note
Sükhbaatar, 2009,
landscape
Soyombo, 2011,
20 and horses
130 × Reddish Paiza 2013,
tögrög ( eating grass
64 mm purple 2014,
horin ) 20173
50 1993,
135 ×
tögrög ( Brown 2000,
66 mm
tavin ) 2008,
100 2013,
140 × 2014,
tögrög ( Violet
zuun )
68 mm 20163

Genghis 1993,
Khan, 1997,
500 Soyombo, 2003,
tögrög ( 145 × Paiza 2007,
[30] [31] Green 2011,
tavan 70 mm
zuun ) 2013
Mongolian 20003,
yurts in 20034
motion 1993,
1997,
1000
2003,
tögrög ( 150 ×
Blue 2007,
myangan 72 mm
2011,
)
2013
20034
5000
tögrög ( 1994,
150 × Pink- 2003,
tavan
72 mm purple
myangan "Drinking 20134
) Fountain" at
10,000 Genghis
Khan's court 1995,
tögrög ( 2002,
150 × goldish
arvan 2009,
72 mm yellow
myangan
20144
)
[32] [33] 20,000 151 × Lime Nine White 2006,
tögrög ( 72 mm and Banner 2009,
horin purple 20134
myangan
)
 For table standards, see thebanknote specification table.

Remarks
1. Images shown are the earliest variations of each value
2. Issued dates are listed for up to 2003. It is known that there is a 2005 edition of 10 tögrög, but it is yet unclear whether or not it was the only value for the
2005 edition.
3. Lower value notes (10 ~ 500 tögrög) issued in 2000 and after have line-patterned color underprint on the entire note, where the previous edition had near-
white solid color. But one exception to the rule is the 2000 edition of 500 tögrög.
4. High value notes (500 ~ 10,000 tögrög) issued in 2002 and after have a patch on the lower right hand side of obverse as an improved anti-counterfeit
device, which used to be printed only on the two highest values. The new patch is also more sophisticated than the ones in the 1990s. The Soyombo
symbol was upgraded to a hologram on the two highest values.

Current MNT exchange rates

From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD CNY RUB
From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD CNY RUB
From XE: AUD CAD CHF EUR GBP HKD JPY USD CNY RUB
From OANDA: AUD CAD CHF EUR GBP HKD JPY USD CNY RUB
From fxtop.com: AUD CAD CHF EUR GBP HKD JPY USD CNY RUB

Chinese equivalent
In China, there is a homonymic currency called (arad-un jogos) tügürig, the Mongol name for
the Renminbi, which is also divided into 100 mönggü.

Purchasing power with US Dollar conversion

5 tögrög: No longer in common usage
10 tögrög: (US$0.0038) Used for buying well water and for change.
100 tögrög: (US$0.038) A Lolipop
200 tögrög: (US$0.076) A small ice cream children's price for public transport
(bus)
500 tögrög: (US$0.19) Adult price for public transport (bus) inUlaanbaatar; also
price of small drinks
an arad-un jogos tügürig.
2500 tögrög: (US$0.95) Average meal at a tsainii gazar, or small restaurant
3500 tögrög: (US$1.3) Average price of a pack of cigarettes
10,000 tögrög: (US$3.8) Two books
20,000 tögrög: (US$7.6) Average price of a taxi ride fromChinggis Khaan airportto the Ulaanbaatar city center (approx. 20 km)
40,000 tögrög: (US$15.2) Lodging for one night at a tourist hostel in Ulaanbaatar
200,000 tögrög: (US$76) A cheap gadget
640,000 tögrög: (US$243.2) An iPhone 8 Plus iOS
(These figures are up to date as of 16 April 2019)

See also
Economy of Mongolia

References
1. Frangos, Alex (3 January 2011)."Hot Money Roils Growth Currencies"(https://www.wsj.com/articles/SB1000142405274870381480457603553378926860
2?mod=googlenews_wsj). The Wall Street Journal. Retrieved 2018-01-01.(subscription required)
2. Chi, Leisha (17 August 2016)."The sudden slide of the world's worst performing currency"(https://www.bbc.com/news/business-37103608). BBC News.
Retrieved 2018-01-01.
3. Bank of Mongolia. "History – National Currency – Togrog" (https://web.archive.org/web/20071112223613/http://www .mongolbank.mn/web/guest/banknote
s/history). Archived from the original (http://www.mongolbank.mn/web/guest/banknotes/history) on 2007-11-12. Retrieved 2007-12-15.

External links
Banknotes of Mongolia, Bank of Mongolia
Website at the Bank of Mongolia with history of Mongolian currency and pictures of tögrög

Preceded by:
Mongolian dollar Currency of Mongolia Succeeded by:
Ratio: 1 tögrög = 1 Soviet ruble. 2432 1925 – Current
tögrög = 1 US dollar

Retrieved from "https://en.wikipedia.org/w/index.php?title=Mongolian_tögrög&oldid=892711173

"
This page was last edited on 16 April 2019, at 11:03(UTC).

Text is available under theCreative Commons Attribution-ShareAlike License; additional terms may apply. By using this site, you agree to theTerms of Use
and Privacy Policy. Wikipedia® is a registered trademark of theWikimedia Foundation, Inc., a non-profit organization.