tugrik

currency

Also known as: tögrög

Written by

The Information Architects of Encyclopaedia Britannica

Last updated

July 20, 2026

Quick Summary

The tugrik is the national currency of Mongolia. It is the basic monetary unit of the country. The word "tugrik" comes from the Mongolian word tögrig, which literally means "circle" or "wheel". The currency code for the tugrik is MNT. Variations of the name include togrog and tughrik.12

Summary created from Britannica articles using AI. AI can make mistakes, so verify using Britannica articles.

3 Britannica Sources

Ask Britannica AI about this topic

Britannica doesn't have a full article on this topic, so we've curated a list of our relevant coverage.

Mongolia
Finance
…regulating the national currency, the tugrik (tögrög). The establishment of several private-venture and international banks in Ulaanbaatar was followed by periods of consolidation and relative stability, which opened up opportunities to set up services for commercial and private loans and personal banking and to introduce electronic banking, credit cards, and…
Read More
…regulating the national currency, the tugrik (tögrög). The establishment of several private-venture and international banks in Ulaanbaatar was followed by periods of consolidation and relative stability, which opened up opportunities to set up services for commercial and private loans and personal banking and to introduce electronic banking, credit cards, and…
Read More