3.5.4. What Currency is used in Mongolia?
Description
This article is from the Mongolia FAQ, by Oliver Corff with numerous contributions by others.
3.5.4. What Currency is used in Mongolia?
The currency unit of Mongolia is named tögrög, conventionally rendered
as Tugrik in western languages. One American dollar is roughly
equivalent to anything from 1000 to 1080 tugrik (subject to daily
fluctuation) in recent years. The currency symbol is a double-barred
T.
Inner Mongolia uses the Chinese Yuan (Renminbi or RMB). The Chinese
banknotes carry inscriptions in five languages (Chinese, Mongol,
Tibetan, Uighur and Zhuang).
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