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Mongolian tugrug

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Mongolian tugrug
төгрөг (Mongolian)
Image:Tugrik.gif Image:Mongolia 5000 tugruk.jpg
20 tugrug 5000 tugrug
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

  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 tugrug, but it is yet unclear whether or not it was the only value for the 2005 edition.
  3. 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.
  4. 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.
Current MNT exchange rates
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


Currencies of Asia and the Pacific
Central Afghan afghani | Kazakhstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som
East Chinese yuan | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar
South-East Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US dollar (East Timor) | Vietnamese đồng
South Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldivian rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee
West Armenian dram | Azerbaijani manat | Bahraini dinar | Cypriot pound | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | Israeli new sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese lira | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | Turkish new lira | UAE dirham | Yemeni rial
Pacific Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Cook Islands dollar | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Northern Mariana Islands, Marshall Islands, Federated States of Micronesia, Palau) | Vanuatu vatu

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ca:Tögrög

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

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