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Socialist era tögrög in the National Museum of Mongolia. The tögrög was introduced on December 9, 1925, [2] 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.
Protesters gathered outside Ulaanbaatar's government palace on 4 December and demanded the names of officials who are said to have embezzled 44 trillion ($12.8 billion) in Mongolian tögrög (MNT) state coal export revenues over the past two years. Several protesters held national flags and placards "Stop robbing the people", and "Stop eating ...
In December 1925, it began issuing Mongolia's own currency, the tögrög ('round'), in silver coins of one tögrög subdivided into möngö. It became the sole legal currency in 1928. The bank was transferred to the Mongolian government in 1935, and renamed the State Bank of the Mongolian People's Republic in 1954.
Tögrög specifies: Mongolian tögrög, the currency of Mongolia; several Sums (districts) in different Aimags (provinces) of Mongolia: Tögrög, Govi-Altai;
The museum contains more than 2000 exhibits, the value of which is about 17 billion Mongolian tögrög according to the National Census. [1] The museum preserves Buddhist artifacts that survived the period of the Mongolian People's Republic. Lama Tuduv, curator of these artifacts, hid them in various craters in the desert.
The Bank of Mongolia, or Mongolbank (Mongolian: Монголбанк), is the central bank of Mongolia. [ 3 ] [ 4 ] The main objective of the Bank of Mongolia is to ensure stability of the Mongolian tögrög .
The 21 provinces of Mongolia are divided into 330 sum. [1] On average, each district administers a territory of 4,200 km 2 (1,600 sq mi) with about 5,000 inhabitants, primarily nomadic herders. Its [clarification needed] total revenue is 120 million Tögrög, 90% of which comes from national subsidies.
This is a list of Mongolian provinces by GDP and GDP per capita. The Mongolian tögrög has been converted to the international dollar using the IMF's Purchasing Power Parity conversion rate. [ 1 ]