Mongolian tögrög

The tögrög ( ; sign: ₮; code: MNT), also spelt tugrug or tugrik, is the official currency of Mongolia.

It was historically subdivided into 100 ( ). Currently, the lowest denomination in regular use is the 10-tögrög note, and the highest is the 20,000-tögrög note. In Unicode, the currency sign is .

Etymology The word tögrög refers to 'circle' or 'circular object' (i.e., a coin). Today, it is rarely used outside of referring to the currency, with the exception of the phrase tögrög sar (), meaning 'full moon'.

History

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

Möngö coins are no longer in circulation as currency, owing to their negligible value. Today, they are sold online and to tourists as collectibles.

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

Coins During socialism, the tögrög coin denominations were 1, 2, 5, 10, 15, 20, 50 möngö, and 1 tögrög. After the Mongolian People's Republic came to an end in 1992 and inflation surged, möngö coins were abandoned and larger tögrög values introduced.

Coin Series during the People's Republic of Mongolia era Images Series Composition Obverse Reverse Date recalled Valueless since Script Minted in Calendar used 1925 1-5 möngö: copper10-20 möngö: 0.5 silver50 möngö, 1 tögrög: 90% silver Soyombo Value 1950 1970 MongolianSoviet Union Mongolian Year 15 1937 1-5 möngö: aluminium bronze10-20 möngö: cupronickel 1960 Mongolian Year 27 1945 coat of arms, "Бүгд Найрамдах Монгол Ард Улс" (People's Republic of Mongolia) 1970 Cyrillic Mongolian Year 35 1959 Aluminium 1990 P.R. China Common Era , 1970, 77, 80, 81 1-5 möngö: aluminium10-50 möngö: cupronickel coat of arms, state title in short (БНМАУ) for 1-5 möngö, in full for 10-50 möngö — — 1970, 77: East Germany1980, 81: Mongolia Circulating & commemorative 1 tögrög 1971: aluminium bronze, cupronickel, silver, or gold1981: 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 Germany1981: 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 Image Value Technical parameters Description Date of first minting Obverse Reverse Diameter Thickness Mass Composition Edge Obverse Reverse 20 tögrög 17.5 mm 1.5 mm 0.78 g Aluminium Plain Value Soyombo 1994 50 tögrög 23 mm 1.8 mm 1.68 g 100 tögrög 22 mm 1.5 mm 3.84 g Cupronickel Value, Janraisig Temple 200 tögrög 25 mm 1.7 mm 6.2 g Value, the Government House 500 tögrög 22 mm 1.7 mm 4.1 g Smooth Value, Soyombo Damdin Sükhbaatar 2001

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: red 20 tögrög: green 25 tögrög: lilac 50 tögrög: green 100 tögrög: brown Formerly, all banknotes were printed in the Soviet Union. Modern tögrög banknotes are generally printed in the United Kingdom.

Banknote Series during the People's Republic of Mongolia era Image Series Obverse Reverse Date recalled Valueless since Script Calendar used Remark 1925 Soyombo, value Value 1940 1966 Mongolian Common Era 2 tögrög in green instead of 3 tögrög 1939 Soyombo, Sükhbaatar 1955 Common Era and Mongolian Year 29 25 tögrög in brown 1941 Coat of arms, Sükhbaatar ? Both Common Era and Mongolian Year 31 1955 1966 Cyrillic Common Era 25 tögrög in blue on obverse, brown on reverse 1966 Coat of arms, Sükhbaatar except 1 tögrög Value for 1-25 tögrög, the Government House for 50 and 100 tögrög — Both 1981, 1983 As above, except industrial theme for 20 tögrög 20 tögrög in green instead of 25 tögrög

1993 Series Image Value Dimensions Main Color Description Date of printing 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 Yellow-brown Soyombo, Wrestling Wrestling 50 möngö Green-cyan Soyombo, Horse riding Horse riding 1 tögrög (neg) 115 × 57 mm Yellow-brown Lion Soyombo, Paiza Genghis Khan1993, 2008, 2014Rarely used anywhere but in banks 5 tögrög (tavan) 120 × 60 mm Orange Sükhbaatar, Soyombo, Paiza Mountainous landscape and horses eating grass 10 tögrög (arvan) 125 × 61 mm Green 1993, 2002, 2005, 2007, 2009, 2011, 2013, 2014, 20173, 2018, 2020 The smallest commonly used note 20 tögrög (horin) 130 × 64 mm Reddish purple 50 tögrög (tavin) 135 × 66 mm Brown 1993, 2000, 2008, 2013, 2014, 2016,3 2019, 2020 100 tögrög (zuun) 140 × 68 mm Violet 500 tögrög (tavan zuun) 145 × 70 mm GreenGenghis Khan, Soyombo, PaizaMongolian yurts in motion 1993, 1997, 2003, 2007, 2011, 20132000, 2003, 2013, 2016, 2020 1000 tögrög (myangan) 150 × 72 mm Blue 1993, 1997, 2003, 2007, 2011, 2013, 2017, 2020 5000 tögrög (tavan myangan) 150 × 72 mm Pink-purple"Drinking Fountain" at Genghis Khan's court 1994, 2003, 2013, 2018 10,000 tögrög (arvan myangan) 150 × 72 mm goldish yellow 1995, 2002, 2009, 2014, 2021 20,000 tögrög (horin myangan) 150 × 72 mm Lime and purple Nine White Banner 2006, 2009, 2013, 2019

Remarks Images shown are the earliest variations of each value 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. 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. 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. On series 2018 5000 tögrög, the hologram was changed to an OVMI ink.

Mongolian tögrög

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