Banknotes of Mongolia

Banknotes of Mongolia Banknotes of Mongolia Mongolia The tögrög was introduced on December 9, 1925 at a value equal to one Soviet ruble, where one ruble or tögrög was equal to 18 grams (0.58 ozt) of silver. It replaced the Mongolian dollar and other currencies and became the sole legal currency on April 1, 1928. Möngö coins are not in circulation as currency any longer, as they are of negligible value. They are sold to tourists and as novelties and collectibles now. Like coins the tögrög banknotes were very similar to the Soviet ruble during the Mongolian People's Republic era. The similarities included color theme, overall design, and the lineup of the denominations, which were 1, 2, 5, 10, 25, 50, 100 tögrög unless stated otherwise. The color for each value i Mongolia, since prehistoric times, has been inhabited by nomads who, from time to time, formed great confederations that rose to prominence. The first of these, the Xiongnu, were brought together to form a confederation by Modu Shanyu in 209 BC. Soon they emerged as the greatest threat to the Qin Dynasty, forcing the latter to construct the Great Wall of China, itself being guarded by up to almost 300,000 soldiers during marshal Meng Tian's tenure, as a means of defense against the destructive Xiongnu raids. After the decline of the Xiongnu, the Rouran, a close relative of the Mongols, came to power before being defeated by the Göktürks, who then dominated Mongolia for centuries. During the 7th and 8th centuries, they were succeeded by Uyghurs and then by the Khitans and Jurchens. By the 10th century, the country was divided into numerous tribes linked through transient alliances and involved in the old patterns of internal strife.
BritBlog Bookmark and Share Afrigator