Mongolian tögrög

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Mongolian tögrög Монгол төгрөг (Mongolian)
20 tögrög 5000 tögrög
ISO 4217 Code	MNT
User(s)	Mongolia
Inflation	14.4%
Source	Bank of Mongolia homepage, December 15, 2007.
Subunit
1/100	möngö (мөнгө)
Symbol	₮
Plural	tögrög
möngö (мөнгө)	möngö
Coins	20, 50, 100, 200, 500 tögrög
Banknotes	10, 20, 50 möngö, 1, 5, 10, 20, 50, 100, 500, 1000, 5000, 10 000, 20 000 tögrög
Central bank	Bank of Mongolia
Website	www.mongolbank.mn

The tögrög (Mongolian: төгрөг) (MNT, Tugrik, ₮) is the official currency of Mongolia. It was historically subdivided into 100 möngö (мөнгө).

The tögrög was introduced on December 9, 1925^[1] at a value equal to one Soviet ruble, where one ruble or tögrög was equal to 18 grams of silver. It replaced the Mongolian dollar and became the sole legal currency on April 1, 1928.

Möngö coins are not in circulation as currency any longer, as they are of negligible value. They are sold to tourists and as novelties and collectibles now.

Contents 1 Coins 2 Banknotes 2.1 Remarks 2.2 Gallery 3 Purchasing Power 4 See also 5 References 6 External links

[edit] Coins

Structures of the coins of Mongolian tögrög had a striking resemblance to the Soviet ruble. Soviet ruble coins were consistently 1, 2, 3, 5, 10, 15, 20. 50 kopeks, and 1 ruble, while the tögrög were 1, 2, 5, 10,15, 20, 50 möngö, and 1 tögrög, with only 3 möngö missing. This similarity stopped when the Mongolian People's Republic came to an end in 1990 and inflation surged.

Coin Series during the People's Republic of Mongolia era [1]
Images	Series	Composition	Obverse	Reverse	Date recalled	Valueless since	Script	Minted in	Calendar used
[2]	1925	1-5 möngö: copper 10-20 möngö: 0.5 silver 50 möngö, 1 tögrög: 90% silver	Soyombo	Value	1950	1970	Mongolian	Soviet Union	Mongolian Year 15
[3]	1937	1-5 möngö: aluminium bronze 10-20 möngö: cupronickel			1960	1970			Mongolian Year 27
[4]	1945		coat of arms, "Бугд Найрамдах Монгол Ард Улс" (People's Republic of Mongolia)		1970	1970	Cyrillic		Mongolian Year 35
[5]	1959	Aluminium			1990	1990		P.R. China	Common Era
[6], [7]	1970, 77, 80, 81	1-5 möngö: aluminium 10-50 möngö: cupronickel	coat of arms, state title in short (БНМАУ) for 1-5 möngö, in full for 10-50 möngö		—	—		1970, 77: East Germany 1980, 81: Mongolia
[8]	Circulating & commemorative 1 tögrög	1971: aluminium bronze, cupronickel, silver, or gold 1981: aluminium bronze	coat of arms, full state title, value	"БНМАУ", Damdin Sükhbaatar on a horse, "50 ЖИЛ" or "60 ЖИЛ" depending on the year	?	?		1971: East Germany 1981: Mongolia	—
	1981-88: 1 tögrög with various commemorative subjects	Aluminium bronze		6 designs, such as Karl Marx, Soviet-Mongolian space flight, etc.	?	?		Mongolia	Common Era

Current Coins [9]
Image		Value	Technical parameters				Description			Date of first minting
Obverse	Reverse		Diameter	Thickness	Mass	Composition	Edge	Obverse	Reverse
[10]	[11]	20 tögrög	17.5 mm	1.5 mm	0.78 g	Aluminium	Milled	Value	Soyombo	1994
[12]	[13]	50 tögrög	23 mm	1.8 mm	16.8 g
[14]	[15]	100 tögrög	22 mm	1.5 mm	3.84 g	Cupronickel		Value, Janraisig Temple
[16]	[17]	200 tögrög	25 mm	1.7 mm	6.2 g			Value, the Government House
[18]	[19]	500 tögrög	22 mm	1.7 mm	?		Plain	Value, Soyombo	Damdin Sükhbaatar	2001
For table standards, see the coin specification table.

[edit] 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

They were all printed in the Soviet Union.

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

1993 Series [25]
Image1		Value	Dimensions	Main Color	Description			Date of issue2	Usage
Obverse	Reverse				Obverse	Reverse	Watermark
		10 möngö	45 × 90 mm	Pink	Soyombo, Archery	Archery	—	1993	Very rare in circulation. Abundant among collectors.
		20 möngö	45 × 90 mm	Yellow-brown	Soyombo, Wrestling	Wrestling
		50 möngö	45 × 90 mm	Green-cyan	Soyombo, Horse riding	Horse riding
[26]	[27]	1 tögrög	115 × 57 mm	Yellow-brown	Lion	Soyombo	Genghis Khan
[28]	[29]	5 tögrög	120 × 60 mm	Orange	Sükhbaatar, Soyombo	Mountainous landscape and horses eating grass			Rarely used anywhere but in banks
[30]	[31]	10 tögrög	125 × 61 mm	Green				1993, 20023	The smallest commonly used note
[32]	[33]	20 tögrög	130 × 65 mm	Reddish purple
[34]	[35]	50 tögrög	135 × 66 mm	Brown				1993, 20003
[36]	[37]	100 tögrög	140 × 68 mm	Violet
[38]	[39]	500 tögrög	145 × 70 mm	Violet	Genghis Khan, Soyombo	Mongolian yurts in motion		1993, 1997 20003, 20034
[40]	[41]	1000 tögrög	150 × 72 mm	Blue				1993, 1997 20034
[42]	[43]	5000 tögrög	150 × 72 mm	Pink-purple		Traditional buildings		1994, 20034
[44]	[45]	10 000 tögrög	150 × 72 mm	Orange				1995, 20024
		20 000 tögrög		Lime and purple		Nine Banners		2006
For table standards, see the banknote specification table.

[edit] 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 was previously only available on the two highest values. The new patch is also more sophisticated than the ones in the 1990s. The two highest values also have their Soyombo symbol upgraded to a hologram.

[edit] Gallery

Obverse, 20 tögrög, printed in 2002

Obverse, 20 tögrög, printed in 2002

Reverse, 20 tögrög, printed in 2002

Obverse, 1000 tögrög, printed in 1993 or 1997

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[edit] Purchasing Power

• 5 tögrög: a piece of candy is used to make change of 5Tg
• 10 tögrög: a couple pieces of candy
• 100 tögrög: a ride across town on a trolleybus in Ulaanbaatar
• 200 tögrög: a ride across town on a regular bus in Ulaanbaatar
• 500 tögrög: a meal at a guanz, or small cafe that sells buuz--which are steamed meat dumplings
• 10,000 tögrög a lodging at a tourist hostel in Ulaanbaatar

[edit] See also

• Economy of Mongolia

[edit] References

1. ^ Bank of Mongolia. History - National Currency - Togrog. Retrieved on 2007-12-15.

[edit] External links

• Banknotes of Mongolia, Bank of Mongolia

• Don's World Coin Gallery - Mongolia
• Ron Wise's World Paper Money - Mongolia ^{Mirror site}
• Tables of Modern Monetary Systems by Kurt Schuler - Asia ^{Mirror site}
• The Global History of Currencies - Mongolia
• Global Financial Data data series - Mongolia Tugrik
• Global Financial Data currency histories table ( Microsoft Excel format)
• Website at the Bank of Mongolia with history of Mongolian currency and pictures of tögrög

Preceded by: Mongolian dollar Ratio: 1 tögrög = 1 Soviet ruble. Rate to dollar unknown.

Currency of Mongolia 1925 –

Succeeded by: Current

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