{{redirect|₮|cryptocurrency|Tether (cryptocurrency)}} {{Short description|Currency of Mongolia}} {{Infobox currency | local_name1 = Монгол төгрөг | local_name_lang1 = mn-Cyrl | local_name2 = {{MongolUnicode|ᠮᠣᠩᠭᠣᠯ<br>ᠲᠥᠭᠦᠷᠢᠭ}} | local_name_lang2 = mn | image_1 = 20000 Togrog.jpg | image_title_1 = 20,000 tögrög banknote | iso_code = MNT | using_countries = {{MNG}} | inflation_rate = 7.0% | inflation_source_date = October 2024<ref>[https://www.mongolbank.mn/en/inflation Bank of Mongolia - Inflation]</ref> | subunit_ratio_1 = {{frac|1|100}} | subunit_name_1 = möngö (мөнгө/{{MongolUnicode|ᠮᠥᠩᠭᠦ}}) | no_plural = Y | symbol = ₮ | used_coins = ₮20, ₮50, ₮100, ₮200, ₮500 | frequently_used_banknotes = ₮100, ₮500, ₮1,000, ₮5,000, ₮10,000, ₮20,000 | rarely_used_banknotes = ₮1, ₮5, ₮10, ₮20, ₮50, ₮100,000 | date_of_introduction = 1925 | issuing_authority = [[Bank of Mongolia]] | issuing_authority_website = {{URL|www.mongolbank.mn}} | replaced_currency = [[Yuan (currency)|Yuan]], [[Mongolian dollar]] }}

The '''tögrög''' ({{langx|mn|{{MongolUnicode|ᠲᠥᠭᠦᠷᠢᠭ}} төгрөг}} {{IPA|mn|ˈtʰɵɣ.rɵk|}}; [[currency sign|sign]]: '''₮'''; [[ISO 4217|code]]: '''MNT'''), also spelt '''tugrug''' or '''tugrik''', is the official currency of [[Mongolia]].

It was historically subdivided into 100 {{lang|mn-Latn|möngö}} ({{MongolUnicode|ᠮᠥᠩᠭᠦ}} {{lang|mn-Cyrl|мөнгө}} {{IPA|mn|mɵŋk|}}). 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 {{unichar|20AE|Tugrik sign}}.

==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'' ({{lang|mn-Cyrl|төгрөг сар}}), meaning 'full moon'.

==History== [[File:Mongolia, 1925 - 5 mungu.jpg|thumb|250px|left|5 möngö 1925, [[copper]].]] [[File:Socialist Mongolia Coins & Banknotes (34894060173).jpg|thumb|Socialist era tögrög in the [[National Museum of Mongolia]]]] The tögrög was introduced on December 9, 1925,<ref>{{cite web | author= Bank of Mongolia | author-link= Bank of Mongolia | url= http://www.mongolbank.mn/web/guest/banknotes/history | title= History – National Currency – Togrog | access-date=2007-12-15 |archive-url = https://web.archive.org/web/20071112223613/http://www.mongolbank.mn/web/guest/banknotes/history <!-- Bot retrieved archive --> |archive-date = 2007-11-12}}</ref> at a value equal to one [[Soviet ruble]], where one ruble or tögrög was equal to {{convert|18|g|ozt|lk=out}} 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.<ref>{{cite news |last1=Frangos |first1=Alex |title=Hot Money Roils Growth Currencies |url=https://www.wsj.com/articles/SB10001424052748703814804576035533789268602 |access-date=2018-01-01 |work=[[The Wall Street Journal]] |date=3 January 2011 |url-access=subscription }}{{subscription required}}</ref> However, its exchange rate eroded by 24% from early 2013 to June 2014 due to falling foreign investment and mining revenue.<ref>{{cite news |last1=Chi |first1=Leisha |title=The sudden slide of the world's worst performing currency |url=https://www.bbc.com/news/business-37103608 |access-date=2018-01-01 |work=[[BBC News]] |date=17 August 2016 }}</ref>

==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.

{|class="wikitable" style="font-size: 90%" !colspan="10"|Coin Series during the People's Republic of Mongolia era [https://web.archive.org/web/20060309113052/http://www.mongolbank.mn/oldcoins.htm] |- ! Images !! Series !! Composition !! Obverse !! Reverse !! Date recalled !! Valueless since !! Script !! Minted in !! Calendar used |- | [https://web.archive.org/web/20060309113329/http://www.mongolbank.mn/images/Coins1/oldcoins1.jpg] | 1925 | 1-5 möngö: [[copper]]<br/>10-20 möngö: 0.5 [[silver]]<br/>50 möngö, 1 tögrög: 90% [[silver]] |rowspan="2"| [[Soyombo symbol|Soyombo]] |rowspan="5"| Value | 1950 | rowspan="3" | 1970 |rowspan="2"| [[Mongolian alphabet|Mongolian]] |rowspan="3"|[[Soviet Union]] | Mongolian Year 15 |- | [https://web.archive.org/web/20060309113353/http://www.mongolbank.mn/images/Coins1/oldcoins2.jpg] | 1937 |rowspan="2"| 1-5 möngö: [[aluminium bronze]]<br/>10-20 möngö: [[cupronickel]] | 1960 | Mongolian Year 27 |- | [https://web.archive.org/web/20060309113345/http://www.mongolbank.mn/images/Coins1/oldcoins3.jpg] | 1945 |rowspan="2"| [[Coat of arms of Mongolia|coat of arms]], "Бүгд Найрамдах Монгол Ард Улс" (People's Republic of Mongolia) | 1970 |rowspan="5"| [[Cyrillic script|Cyrillic]] | Mongolian Year 35 |- | [https://web.archive.org/web/20060309113401/http://www.mongolbank.mn/images/Coins1/oldcoins4.jpg] | 1959 | [[Aluminium]] | colspan="2" | 1990 | [[People's Republic of China|P.R. China]] |rowspan="2"| [[Common Era]] |- | [https://web.archive.org/web/20060309113408/http://www.mongolbank.mn/images/Coins1/oldcoins6.jpg], [https://web.archive.org/web/20060309113337/http://www.mongolbank.mn/images/Coins1/oldcoins5.jpg] | 1970, 77, 80, 81 | 1-5 möngö: [[aluminium]]<br/>10-50 möngö: [[cupronickel]] | [[Coat of arms of Mongolia|coat of arms]], state title in short (БНМАУ) for 1-5 möngö, in full for 10-50 möngö | &mdash; | &mdash; | 1970, 77: [[East Germany]]<br/>1980, 81: Mongolia |- | [https://web.archive.org/web/20060309113337/http://www.mongolbank.mn/images/Coins1/oldcoins5.jpg] | Circulating & commemorative 1 tögrög | 1971: [[aluminium bronze]], [[cupronickel]], [[silver]], or [[gold]]<br/>1981: [[aluminium bronze]] |rowspan="2"| [[Coat of arms of Mongolia|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<br/>1981: Mongolia || &mdash; |- | | 1981–88: 1 tögrög with various commemorative subjects | [[Aluminium bronze]] | 6 designs, such as Karl Marx, Soviet-Mongolian space flight, etc. | ? || ? || Mongolia | [[Common Era]] |}

{|class="wikitable" style="font-size: 90%" !colspan="11"|Current Coins [http://www.mongolbank.mn/eng/listbanknote.aspx?did=2] |- !colspan="2"| Image !!rowspan="2"| Value !!colspan="4"| Technical parameters !!colspan="3"| Description !!rowspan="2"| Date of first minting |- ! Obverse !! Reverse !! Diameter !! Thickness !! Mass !! Composition !! Edge !! Obverse !! Reverse |- {{Coin-silver-color}} | [[File:MN 1994 20tugrik a.gif|100px]] | [https://web.archive.org/web/20060923175055/http://www.mongolbank.mn/images/Currcoin/coin20b.gif] |20 tögrög | 17.5&nbsp;mm | 1.5&nbsp;mm | 0.78 g |rowspan="2"| [[Aluminium]] |rowspan="4"| Plain |rowspan="2"| Value |rowspan="4"| [[Soyombo symbol|Soyombo]] |rowspan="4"| 1994 |- {{Coin-silver-color}} | [[File:MN 1994 50tugrik a.gif|100px]] | [https://web.archive.org/web/20060923174810/http://www.mongolbank.mn/images/Currcoin/coin50b.gif] | 50 tögrög | 23&nbsp;mm | 1.8&nbsp;mm | 1.68 g |- {{Coin-silver-color}} | [[File:MN 1994 100tugrik a.gif|100px]] | [https://web.archive.org/web/20060923174706/http://www.mongolbank.mn/images/Currcoin/coin100b.gif] | 100 tögrög | 22&nbsp;mm | 1.5&nbsp;mm | 3.84 g |rowspan="3"| [[Cupronickel]] | Value, Janraisig Temple |- {{Coin-silver-color}} | [[File:MN 1994 200tugrik a.gif|100px]] | [https://web.archive.org/web/20060923174646/http://www.mongolbank.mn/images/Currcoin/coin200b.gif] | 200 tögrög | 25&nbsp;mm | 1.7&nbsp;mm | 6.2 g | Value, the Government House |- {{Coin-silver-color}} | [[File:MN 1994 500tugrik a.gif|100px]] | [https://web.archive.org/web/20060923175046/http://www.mongolbank.mn/images/Currcoin/coin500b.gif] | 500 tögrög | 22&nbsp;mm | 1.7&nbsp;mm | 4.1 g | Smooth | Value, [[Soyombo symbol|Soyombo]] | [[Damdin Sükhbaatar]] | 2001 |- |colspan="11"|{{Standard coin table notice}} |}

==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{{When|date=January 2025}} tögrög banknotes are generally printed in the [[United Kingdom]].{{Cn|date=January 2025}}

{|class="wikitable" style="font-size: 90%" !colspan="9"|Banknote Series during the People's Republic of Mongolia era [https://web.archive.org/web/20060309113151/http://www.mongolbank.mn/oldnotes.htm] |- ! Image !! Series !! Obverse !! Reverse !! Date recalled !! Valueless since !! Script !! Calendar used !! Remark |- | [https://web.archive.org/web/20060309113723/http://www.mongolbank.mn/images/Notes/notes1.jpg] | 1925 | [[Soyombo symbol|Soyombo]], value | rowspan="4" | Value | 1940 | rowspan="2" | 1966 |rowspan="2"| [[Mongolian alphabet|Mongolian]] | [[Common Era]] | 2 tögrög in green instead of 3 tögrög |- | [https://web.archive.org/web/20060309113732/http://www.mongolbank.mn/images/Notes/notes2.jpg] | 1939 | [[Soyombo symbol|Soyombo]], [[Damdin Sükhbaatar|Sükhbaatar]] | 1955 | [[Common Era]] and Mongolian Year 29 |rowspan="2"| 25 tögrög in brown |- | | 1941 |rowspan="2"| [[Coat of arms of Mongolia|Coat of arms]], [[Damdin Sükhbaatar|Sükhbaatar]] | colspan="2" | ? | Both | [[Common Era]] and Mongolian Year 31 |- | [https://web.archive.org/web/20060309113715/http://www.mongolbank.mn/images/Notes/notes3.jpg] | 1955 | colspan="2" | 1966 | [[Cyrillic script|Cyrillic]] |rowspan="3"| [[Common Era]] | 25 tögrög in blue on obverse, brown on reverse |- |rowspan="2"| [https://web.archive.org/web/20060309113740/http://www.mongolbank.mn/images/Notes/notes4.jpg] | 1966 |rowspan="2"| [[Coat of arms of Mongolia|Coat of arms]], [[Damdin Sükhbaatar|Sükhbaatar]] except 1 tögrög | Value for 1-25 tögrög, the Government House for 50 and 100 tögrög | colspan="2" rowspan="2" | &mdash; |rowspan="2"| Both | |- | 1981, 1983 | As above, except industrial theme for 20 tögrög | 20 tögrög in green instead of 25 tögrög |}

{|class="wikitable" style="font-size: 90%" !colspan="10"|1993 Series [https://web.archive.org/web/20070228181532/http://www.mongolbank.mn/web/guest/banknotes/notes] |- !colspan="2"| Image<sup>1</sup> !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Color !!colspan="3"| Description !!rowspan="2"| Date of printing<sup>2</sup> !!rowspan="2"| Usage |- ! Obverse !! Reverse !! Obverse !! Reverse !! Watermark |- |align="center"| [[File:10 möngö Front.jpg|100px]] |align="center"| [[File:10 möngö back.jpg|100px]] | 10 möngö | rowspan="3" | 45 × 90&nbsp;mm | Pink | [[Soyombo symbol|Soyombo]], Archery | Archery |rowspan="3"| &mdash; |rowspan="3"| 1993 |rowspan="3"| Very rare in circulation. Abundant among collectors. |- |align="center"| [[File:20 mongo anverso.jpeg|100px]] |align="center"| [[File:20 mongo reverso.jpeg|100px]] | 20 möngö | Yellow-brown | [[Soyombo symbol|Soyombo]], Wrestling | Wrestling |- |align="center"| [[File:50 möngö front.jpg|100px]] |align="center"| [[File:50 Möngö back.jpg|100px]] | 50 möngö | Green-cyan | [[Soyombo symbol|Soyombo]], Horse riding | Horse riding |- |align="center"| [[File:Нэг төгрөг нүүрэн тал.JPG|100px]] |align="center"| [[File:Нэг төгрөг ар тал.JPG|100px]] | 1 tögrög (neg) | 115 × 57&nbsp;mm | Yellow-brown | [[Lion]] | [[Soyombo symbol|Soyombo]], [[Paiza]] |rowspan="11"| [[Genghis Khan]] |rowspan="2"|1993, 2008, 2014 |rowspan="2"|Rarely used anywhere but in banks |- |align="center"| [[File:Таван төгрөг нүүрэн тал.JPG|100px]] |align="center"| [[File:Таван төгрөг ар тал.JPG|100px]] | 5 tögrög (tavan) | 120 × 60&nbsp;mm | Orange |rowspan="5"| [[Damdin Sükhbaatar|Sükhbaatar]], [[Soyombo symbol|Soyombo]], [[Paiza]] |rowspan="5"| Mountainous landscape and horses eating grass |- |align="center"| [[File:Арван төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Арван төгрөг ар тал.jpg|100px]] | 10 tögrög (arvan) | 125 × 61&nbsp;mm | Green |rowspan="2"| 1993, 2002, 2005, 2007, 2009, 2011, 2013, 2014, 2017<sup>3</sup>, 2018, 2020 | The smallest commonly used note |- |align="center"| [[File:Хорин төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Хорин төгрөг ар тал.jpg|100px]] | 20 tögrög (horin) | 130 × 64&nbsp;mm | Reddish purple | |- |align="center"| [[File:Тавин төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Тавин төгрөг ар тал.jpg|100px]] | 50 tögrög (tavin) | 135 × 66&nbsp;mm | Brown |rowspan="2"| 1993, 2000, 2008, 2013, 2014, 2016,<sup>3</sup> 2019, 2020 | |- |align="center"| [[File:Зуун төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Зуун төгрөг ар тал.jpg|100px]] | 100 tögrög (zuun) | 140 × 68&nbsp;mm | Violet | |- |align="center"| [[File:Таван зуун төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Таван зуун төгрөг ар тал.jpg|100px]] | 500 tögrög (tavan zuun) | 145 × 70&nbsp;mm | Green |rowspan="5"|[[Genghis Khan]], [[Soyombo symbol|Soyombo]], [[Paiza]] |rowspan="2"|Mongolian [[yurt]]s in motion | 1993, 1997, 2003, 2007, 2011, 2013<br/>2000<sup>3</sup>, 2003<sup>4</sup>, 2013, 2016, 2020 | |- |align="center"| [[File:Мянган төгрөг нүүрэн тал.JPG|100px]] |align="center"| [[File:Мянган төгрөг ар тал.JPG|100px]] | 1000 tögrög (myangan) | 150 × 72&nbsp;mm | Blue | 1993, 1997, 2003, 2007, 2011, 2013, 2017, 2020<br/>2003<sup>4</sup> | |- |align="center"| [[File:Таван мянган төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Таван мянган төгрөг ар тал.jpg|100px]] | 5000 tögrög (tavan myangan) | 150 × 72&nbsp;mm | Pink-purple |rowspan="2"|"Drinking Fountain" at Genghis Khan's court | 1994, 2003, 2013, 2018<sup>4</sup> | |- |align="center"| [[File:Арван мянган төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Арван мянган төгрөг ар тал.jpg|100px]] | 10,000 tögrög (arvan myangan) | 150 × 72&nbsp;mm | goldish yellow | 1995, 2002, 2009, 2014<sup>4</sup>, 2021 | |- |align="center"| [[File:Хорин мянган төгрөг нүүрэн тал.jpg|100px]] |align="center"| [[File:Хорин мянган төгрөг ар тал.jpg|100px]] | 20,000 tögrög (horin myangan) | 150 × 72&nbsp;mm | Lime and purple | [[Flag of the Mongols|Nine White Banner]] | 2006, 2009, 2013,<sup>4</sup> 2019 | |- |colspan="10"|{{Standard banknote table notice}} |}

===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 [[Optically variable ink#Optically Variable Magnetic Ink|OVMI]] ink.

{{Exchange rate|MNT|KRW|JPY|USD}}

==See also== *[[Economy of Mongolia]]

==References== {{Reflist}}

==External links== {{commons category}} *[https://www.mongolbank.mn/en/banknote Banknotes of Mongolia], Bank of Mongolia *[https://www.mongolbank.mn/en/banknote Website] at the Bank of Mongolia with history of Mongolian currency and pictures of tögrög *[http://www.bis-ans-ende-der-welt.net/Mongolei-B-En.htm Historical and current banknotes of Mongolia] {{in lang|en|de}}

{{n-start}} {{n-before|currency=[[Mongolian dollar]]|ratio=1 tögrög = 1 [[Soviet ruble]]. 2432 tögrög = 1 [[United States dollar]]}} {{n-currency|location=Mongolia|start=1925}} {{n-after}} {{end}}

{{Currency signs}} {{Currencies of Asia}} {{Portal bar|Asia|Money|Numismatics}}

{{DEFAULTSORT:Mongolian togrog}} [[Category:Currencies of Mongolia|Togrog]] [[Category:Currency symbols]] [[Category:Circulating currencies]] [[Category:Currencies introduced in 1925]] [[Category:Currencies of Asia]]