| Mongolian Tugrug |
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The tugrug ("төгрөк" 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 . Mongolian 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. You can find them in tourist shops in Ulaanbaatar . 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. 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
They were all printed in the Soviet Union . 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 previos 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. PURCHASING POWER
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