Currency of Mongolia: Mongolian Tugrik
Mongolian Tugrik · MNT · National
Who Issues Mongolian Tugrik in Mongolia
The Mongolian Tugrik (MNT) is administered as Mongolia's national currency through Bank of Mongolia. Alongside the alphabetic code, ISO 4217 assigns numeric identifier 496.
When reading an MNT conversion, Bank of Mongolia manages the monetary framework for the Mongolian Tugrik in Mongolia. MNT is therefore a nationally administered currency rather than an externally issued unit. It keeps the source trail clear.
Exchange Rate for MNT
On a Mongolian Tugrik conversion involving Mongolia, the useful benchmark is a dated MNT observation with its currency pair stated explicitly. The resulting transaction amount can differ once a provider adds its margin or charges. This keeps the quoted pair easy to interpret.
In the Mongolia context, hold the pair and timestamp constant when judging changes in the reference rate. The resulting transaction amount can differ once a provider adds its margin or charges. It keeps the comparison anchored to a dated observation.
Banknotes and Coins
Banknotes
The Bank of Mongolia's currency-in-circulation catalogue lists payment banknotes from â‚®1 through â‚®20,000.
Coins
The Bank of Mongolia's circulation-currency catalogue lists coins of â‚®20, â‚®50, â‚®100, â‚®200 and â‚®500.
Frequently Asked Questions
What currency is used in Mongolia?
When interpreting Mongolian Tugrik data for Mongolia, the Mongolian Tugrik (MNT) is the national currency, with Bank of Mongolia responsible for the domestic monetary framework. The comparison keeps the reference point clear.
Who manages the currency system in Mongolia?
Bank of Mongolia is the main monetary authority identified for Mongolia.
Are the exchange rates for Mongolia real-time?
In the Mongolia context, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. It is not a tick-by-tick dealing price or a promise of the rate a provider will offer. This supports the comparison internally consistent.
Sources & methodology
For monetary-system facts, the primary reference is Bank of Mongolia, supplemented by the applicable framework for Mongolia. MNT is identified under ISO 4217, and any dated conversion observation is presented independently of the monetary-system description.
View sources used for this page
- Bank of Mongolia - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Bank of Mongolia - currency in circulation
- Bank of Mongolia - coins