What currency is used in Mongolia?

Posted on Oct 21, 2025 / Finance

What currency is used in Mongolia?

Mongolia uses the Mongolian tögrög, written as MNT. It has been the official currency since 1925. Banknotes feature national heroes, cultural symbols, and famous landmarks. Cash is widely used, though cards and digital payments are accepted in cities like Ulaanbaatar. Coins are rarely used due to low value. The tögrög’s value can fluctuate with the economy, but it remains central to daily life. The Mongolian tögrög reflects the country’s independence and cultural heritage.



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