Economy of Mongolia
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The economy of Mongolia has historically been based on herding and agriculture, but mining has become the dominant sector of the economy. Mongolia possesses major deposits of copper, coal, gold, molyb
Aerial view of Ulaanbaatar, the economic center of Mongolia with the Sükhbaatar Square in the middle and the Blue Sky Tower in the background
The Mongolian Stock Exchange
Mongolian tögrög
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The tögrög, also spelt tugrug or tugrik, is the official currency of Mongolia.
Economy of Mongolia
…institutions. The Mongolian–Soviet Trade and Industry Bank, the predecessor of the modern Bank of Mongolia, opened in 1924. A monetary reform introduced the tögrög in 1925, replacing the mixture of foreign currencies, silver, barter and privately issued money previously used in the country. Early state enterprises…
5 möngö 1925, copper.
Socialist era tögrög in the National Museum of Mongolia
10 möngö Front