Mongolian tugrug
From Wikipedia, the free encyclopedia
| ISO 4217 Code | MNT |
| User(s) | Mongolia |
| Inflation | 9.5% |
| Source | The World Factbook, 2005 est. |
| Subunit | |
| 1/100 | mongo (мөнгө) |
| Symbol | ₮ |
| Plural | tugrug |
| mongo (мөнгө) | mongo |
| Coins | 20, 50, 100, 200, 500 tugrug |
| Banknotes | 10, 20, 50 mongo, 1, 5, 10, 20, 50, 100, 500, 1000, 5000, 10 000, 20 000 tugrug |
| Central bank | Bank of Mongolia |
| Website | www.mongolbank.mn |
The tugrug ("төгрөг" in Mongolian) (MNT, Tugrik, ₮) is the official currency of Mongolia. It was historically subdivided into 100 mongo (мөнгө).
The tugrug was introduced in 1925 at a value equal to one Soviet ruble, where one ruble or tugrug was equal to 18 grams of silver. It replaced the Mongolian dollar.
Mongo coins are not in circulation as currency any longer, as their value is fractions of one Tugric. They are sold to tourists and as novelties and collectibles now, available in tourist shops in Ulaanbaatar.
Contents |
[edit] Coins
Structures of the coins of Mongolian tugrug 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 tugrug were 1, 2, 5, 10,15, 20, 50 mongo, and 1 tugrug, with only 3 mongo missing. This similarity stopped when the People's Republic of Mongolia 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 mongo: copper 10-20 mongo: 0.5 silver 50 mongo, 1 tugrug: 90% silver | Soyombo | Value | 1950 | 1970 | Mongolian | Soviet Union | Mongolian Year 15 |
| [3] | 1937 | 1-5 mongo: aluminium bronze 10-20 mongo: 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 mongo: aluminium 10-50 mongo: cupronickel | coat of arms, state title in short (БНМАУ) for 1-5 mongo, in full for 10-50 mongo | — | — | 1970, 77: East Germany 1980, 81: Mongolia | |||
| [8] | Circulating & commemorative 1 tugrug | 1971: aluminium bronze, cupronickel, silver, or gold 1981: aluminium bronze | coat of arms, full state title, value | "БНМАУ", man on horse, "50 ЖИЛ" or "60 ЖИЛ" depending on the year | ? | ? | ? | — | |
| Current Coins [9] | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Image | Value | Diameter | Thickness | Mass | Composition | Edge | Obverse | Reverse | First Minted Year | |
| [10] | [11] | 20 tugrug | 17.5 mm | 1.5 mm | 0.78 g | Aluminium | Milled | Value | Soyombo | 1994 |
| [12] | [13] | 50 tugrug | 23 mm | 1.8 mm | 16.8 g | |||||
| [14] | [15] | 100 tugrug | 22 mm | 1.5 mm | 3.84 g | Cupronickel | Value, Janraiseg Temple | |||
| [16] | [17] | 200 tugrug | 25 mm | 1.7 mm | 6.2 g | Value, the Government House | ||||
| [18] | [19] | 500 tugrug | 22 mm | 1.7 mm | ? | Plain | Value, Soyombo | Damdin Sühbaatar | 2001 | |
[edit] Banknotes
Like coins the tugrug banknotes were very similar to the Soviet ruble during the People's Republic of Mongolia era. The similarities included color theme, overall design, and the lineup of the denominations, which were 1, 3, 5, 10, 25, 50, 100 tugrug unless stated otherwise. The color for each value is
- 1 tugrug: brown
- 3 tugrug: green
- 5 tugrug: blue
- 10 tugrug: red
- 25 tugrug: lilac
- 50 tugrug: green
- 100 tugrug: 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 | Note |
| [21] | 1925 | Soyombo, value | Value | 1940 | 1966 | Mongolian | Common Era | 2 tugrug in green instead of 3 tugrug |
| [22] | 1939 | Soyombo, Sühbaatar | Value | 1955 | 1966 | Common Era and Mongolian Year 29 | 25 tugrug in brown | |
| 1941 | Coat of arms, Sühbaatar | ? | ? | Both | Common Era and Mongolian Year 31 | |||
| [23] | 1955 | 1966 | 1966 | Cyrillic | Common Era | 25 tugrug in blue on obverse, brown on reverse | ||
| [24] | 1966 | Coat of arms, Sühbaatar except 1 tugrug | Value for 1-25 tugrug, the Government House for 50 and 100 tugrug | — | — | Both | ||
| 1981, 83 | As above, except industrial theme for 20 tugrug | 20 tugrug in green instead of 25 tugrug | ||||||
| 1993 Series [25] | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Image1 | Value | Dimensions | Color | Obverse | Reverse | Issued Date2 | Watermark | Usage | |
| 10 mongo | 45 x 90 mm | Pink | Soyombo, Archery | Archery | 1993 | — | Very rare in circulation. Abundant among collectors. | ||
| 20 mongo | 45 x 90 mm | Yellow-brown | Soyombo, Wrestling | Wrestling | |||||
| 50 mongo | 45 x 90 mm | Green-cyan | Soyombo, Horse riding | Horse riding | |||||
| [26] | [27] | 1 tugrug | 115 x 57 mm | Yellow-brown | Lion | Soyombo | Genghis Khan | ||
| [28] | [29] | 5 tugrug | 120 x 60 mm | Orange | Sühbaatar, Soyombo | Mountainous landscape and horses eating grass | Rarely used anywhere but in banks | ||
| [30] | [31] | 10 tugrug | 125 x 61 mm | Green | 1993, 20023 | The smallest commonly used note | |||
| [32] | [33] | 20 tugrug | 130 x 65 mm | Reddish purple | |||||
| [34] | [35] | 50 tugrug | 135 x 66 mm | Brown | 1993, 20003 | ||||
| [36] | [37] | 100 tugrug | 140 x 68 mm | Violet | |||||
| [38] | [39] | 500 tugrug | 145 x 70 mm | Violet | Genghis Khan, Soyombo | Mongolian yurts in motion | 1993, 1997 20003, 20034 | ||
| [40] | [41] | 1000 tugrug | 150 x 72 mm | Blue | 1993, 1997 20034 | ||||
| [42] | [43] | 5000 tugrug | 150 x 72 mm | Pink-purple | Traditional buildings | 1994, 20034 | |||
| [44] | [45] | 10 000 tugrug | 150 x 72 mm | Orange | 1995, 20024 | ||||
| 20 000 tugrug | Lime and purple | 2006 | |||||||
[edit] Note
- 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 tugrug, but it is yet unclear whether or not it was the only value for the 2005 edition.
- Lower value notes (10 ~ 500 tugrug) 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 tugrug.
- High value notes (500 ~ 10,000 tugrug) 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.
| Use Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD |
| Use XE.com: | AUD CAD CHF EUR GBP HKD JPY USD |
[edit] Purchasing Power
- 5 tugrug: a piece of candy is used to make change of 5Tg
- 10 tugrug: a couple pieces of candy
- 100 tugrug: a ride across town on a bus in Ulaanbaatar
- 500 tugrug: a meal at a guanz, or small cafe that sells buuz--which are steamed meat dumplings
- 10,000 tugrug a lodging at a tourist hostel in Ulaanbaatar
[edit] See also
[edit] External links
| Preceded by: Mongolian dollar Ratio: 1 tugrug = 1 Soviet ruble. Rate to dollar unknown. | Currency of Mongolia 1925 – | Succeeded by: Current |
cs:Tugrik de:Tögrög fr:Tugrik he:טוגרוג lt:Tugrikas nl:Tugrik ja:トゥグルグ no:Togrog pl:Tugrik ru:Монгольский тугрик sv:Tögrög tg:Тугруги Муғулистон

