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Mongolian Tugrik ()

The Mongolian Tögrög (MNT, ISO 4217 code 496, symbol ₮; sometimes anglicized as 'Tugrik') is the official currency of Mongolia, issued by the Bank of Mongolia (Mongolbank, est. 1991). Subdivided into 100 möngö (no longer in physical circulation). Banknotes: ₮1, ₮5, ₮10, ₮20, ₮50, ₮100, ₮500, ₮1,000, ₮5,000, ₮10,000, ₮20,000 (the highest denomination, introduced 2006; current series features Genghis Khan portrait on the higher denominations — ₮500 through ₮20,000 — and Damdin Sükhbaatar (Mongolia's revolutionary leader who declared independence from China in 1921) portrait on lower denominations); coins: ₮20, ₮50, ₮100, ₮200, ₮500. The tögrög was introduced 1925 (replacing the dollar and ruble that had circulated in revolutionary Mongolia). Mongolia is a landlocked Asian country (~3.4 million population) sandwiched between Russia and China. The economy is heavily mining-dependent — major exports include copper (the Oyu Tolgoi mine, operated by Rio Tinto's Turquoise Hill Resources, is the world's largest known copper-gold deposit), coal (to China), gold, fluorspar, and cashmere. Mongolbank targets 6-8% CPI inflation.

Reviewed by Christopher FloiedUpdated

The Mongolian Tugrik (₮) is a unit of currency used in scientific, engineering, and practical contexts. Unit standardization in the field of currency has evolved over centuries as international scientific bodies and engineering organizations developed consistent measurement frameworks. The International System of Units (SI) provides the modern foundation for most technical measurements, though legacy units from national and industrial traditions continue to be used alongside SI units in many fields. The Mongolian Tugrik is precisely defined to ensure consistent, reproducible measurements across laboratories and industries worldwide.

Accurate currency measurement is critical in engineering, science, commerce, and everyday life. Using the correct unit and applying conversions precisely prevents errors that can be costly or dangerous in professional applications. MegaCalc provides instant, precise conversions for the Mongolian Tugrik and all related units so you can work confidently across unit systems.

Conversions Involving Mongolian Tugrik

US DollarMongolian Tugrik

$

EuroMongolian Tugrik

British PoundMongolian Tugrik

£

Japanese YenMongolian Tugrik

¥

Australian DollarMongolian Tugrik

A$

Canadian DollarMongolian Tugrik

C$

Swiss FrancMongolian Tugrik

Fr

Chinese YuanMongolian Tugrik

¥

Indian RupeeMongolian Tugrik

South Korean WonMongolian Tugrik

Swedish KronaMongolian Tugrik

kr

Norwegian KroneMongolian Tugrik

kr

Danish KroneMongolian Tugrik

kr

New Zealand DollarMongolian Tugrik

NZ$

Singapore DollarMongolian Tugrik

S$

Hong Kong DollarMongolian Tugrik

HK$

Taiwan DollarMongolian Tugrik

NT$

Thai BahtMongolian Tugrik

฿

Malaysian RinggitMongolian Tugrik

RM

Philippine PesoMongolian Tugrik

Indonesian RupiahMongolian Tugrik

Rp

Vietnamese DongMongolian Tugrik

Brazilian RealMongolian Tugrik

R$

Mexican PesoMongolian Tugrik

$

Argentine PesoMongolian Tugrik

$

Chilean PesoMongolian Tugrik

$

Colombian PesoMongolian Tugrik

$

Peruvian SolMongolian Tugrik

S/

South African RandMongolian Tugrik

R

Nigerian NairaMongolian Tugrik

Egyptian PoundMongolian Tugrik

£

Kenyan ShillingMongolian Tugrik

KSh

Ghanaian CediMongolian Tugrik

Tanzanian ShillingMongolian Tugrik

TSh

Moroccan DirhamMongolian Tugrik

د.م.

UAE DirhamMongolian Tugrik

د.إ

Saudi RiyalMongolian Tugrik

Qatari RiyalMongolian Tugrik

Kuwaiti DinarMongolian Tugrik

د.ك

Bahraini DinarMongolian Tugrik

.د.ب

Omani RialMongolian Tugrik

Jordanian DinarMongolian Tugrik

د.ا

Israeli ShekelMongolian Tugrik

Turkish LiraMongolian Tugrik

Polish ZlotyMongolian Tugrik

Czech KorunaMongolian Tugrik

Hungarian ForintMongolian Tugrik

Ft

Romanian LeuMongolian Tugrik

lei

Bulgarian LevMongolian Tugrik

лв

Croatian KunaMongolian Tugrik

kn

Serbian DinarMongolian Tugrik

din

Ukrainian HryvniaMongolian Tugrik

Russian RubleMongolian Tugrik

Kazakhstani TengeMongolian Tugrik

Georgian LariMongolian Tugrik

Armenian DramMongolian Tugrik

֏

Bangladeshi TakaMongolian Tugrik

Pakistani RupeeMongolian Tugrik

Sri Lankan RupeeMongolian Tugrik

Icelandic KronaMongolian Tugrik

kr

Common Uses of the Mongolian Tugrik

  • Scientific research — expressing currency values in published studies, experimental data, and journal articles where SI unit conventions apply
  • Engineering design — specifying currency requirements in technical drawings, calculations, and simulation input files across metric and imperial systems
  • Quality control — measuring and verifying currency in manufactured products to ensure conformance to design tolerances and international standards
  • Education — teaching currency concepts in physics, engineering, and applied science courses with worked examples in multiple unit systems
  • Industry standards — meeting regulatory and specification requirements for currency as defined by international bodies such as ISO, ASME, ASTM, and NIST

Did You Know?

The foreign exchange (forex) market is the largest and most liquid financial market in the world, with over $7.5 trillion traded per day as of 2022. The Mongolian Tugrik is one of the world's currencies whose value fluctuates continuously in this global marketplace.

Scientific Definition of the Mongolian Tugrik

The Mongolian Tugrik (₮) is defined within the context of currency measurement. Modern metrology ties most measurement units to fundamental physical constants or precisely reproducible laboratory references, ensuring that a measurement made in one laboratory gives the same result as a measurement made anywhere else in the world. This traceability to international standards is what makes the Mongolian Tugrik reliable for scientific research, commercial trade, engineering design, and legal metrology. When you use a conversion tool to translate between the Mongolian Tugrik and other units, the underlying conversion factors are the exact ratios defined by international standards bodies — not approximations. This means the only limit to the accuracy of a conversion is the precision of your input measurement. For everyday use, converting the Mongolian Tugrik to equivalent units in other systems is instant and accurate to many more decimal places than any practical measurement could justify.

Tips for Converting the Mongolian Tugrik

When converting the Mongolian Tugrik to other currency units, pay careful attention to the direction of the conversion factor — multiplying and dividing are not interchangeable. A quick sanity check is to estimate the expected magnitude of the result before performing the conversion: if the target unit is larger than the Mongolian Tugrik, the numerical value should be smaller, and vice versa. For chained conversions across multiple unit systems, convert everything to a common intermediate unit (typically the SI base unit) and then from that intermediate to the target. This approach is more reliable than direct conversion through multiple factors and makes the calculation easier to verify. When working with very large or very small values, consider whether a metric prefix (milli-, kilo-, mega-) would make the number easier to interpret without losing precision. For critical applications, always cross-check the converted value using a second method — a different calculator, a published table, or a hand calculation using the conversion factor directly.

Accuracy and Precision

Conversion of the Mongolian Tugrik is performed using exact, internationally defined factors wherever possible. For units defined by historical artifact or local convention, small differences between national standards may exist — for example, the difference between US survey foot and international foot, or the subtle variations between different definitions of the BTU. These differences are usually negligible for everyday use but matter in precision engineering, legal metrology, and international scientific collaboration. The MegaCalc conversion engine uses the most current internationally accepted values and documents any edge cases where multiple definitions exist. Numerical precision of conversions is carried to at least 10 significant figures internally, with displayed results rounded to a readable length. If you need additional precision for a specific calculation, the underlying engine provides the full precision on request — just inspect the source code or contact us for details.