Loading
The official currency of Mongolia is the Mongolian Tögrög (MNT).
Its international currency code is MNT.
The Mongolian Tögrög is the legal tender used for shopping, public payments, commercial transactions, and all financial activities throughout Mongolia.
The Mongolian Tögrög was introduced in 1925 and represents an important milestone in Mongolia’s transition to a modern monetary system.
The issuance and regulation of the currency are managed by the Bank of Mongolia, the country’s central bank.
While the Tögrög was previously linked to the Soviet ruble during the Soviet era, it is now traded under a floating exchange rate system.
Abbreviation: MNT
Symbol: ₮
Subunit: 1 Tögrög = 100 möngö (möngö is no longer actively used)
The Mongolian Tögrög operates under a free-floating exchange rate regime, with its value determined by market conditions.
Today, the Mongolian Tögrög is primarily used in the form of banknotes:
📌 Banknotes:
10, 20, 50, 100, 500, 1,000, 5,000, 10,000, and 20,000 MNT
📌 Coins:
20, 50, 100, 200, and 500 MNT (limited circulation)
Banknote designs feature important historical figures and traditional cultural motifs from Mongolian history.
Yes.
With PayPorter, sending money from Turkey to Mongolia is fast, secure, and cost-effective.
Thanks to PayPorter’s international transfer infrastructure, funds sent to bank accounts in Mongolia usually reach the recipient within a short time.
Low transfer fees
Fast transfer process
Secure and licensed infrastructure
Money transfers to over 185 countries
📍 You can visit the relevant page to send money from Turkey to Mongolia.
No.
The Mongolian Tögrög is only valid within Mongolia.
The number of banks and exchange offices in Turkey that buy or sell MNT is very limited.
However, PayPorter allows secure money transfers from Mongolia to Turkey.
The Tögrög symbol ₮ is derived from the Mongolian alphabet.
Mongolia is one of the countries where cash usage remains common.
Card and digital payments may be limited in rural areas.
Banknotes feature historical leaders and traditional Mongolian figures.
The official currency of Mongolia is the Mongolian Tögrög (MNT).
Officially, no. However, US dollars may be accepted on a limited basis in some tourist areas.
Generally, no. MNT is not a widely traded currency in Turkey.
Yes. You can make fast and secure money transfers to Mongolia with PayPorter.
In most cases, transfers reach the recipient within a short time.
It is common in major cities, but cash is preferred in rural areas.
Yes. Most international cards are accepted, though fees may vary depending on the bank.