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100 Tögrög

Issuer State Bank of Mongolia
Year 1966-1981
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Composition Paper
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Obverse lettering 100 БНМАУ ᠑᠐᠐ УЛСЫН БАНК ЗУУН ТӨГРӨГ БАНКНЫ ТЭМДЭГТҮҮД НЬ БНМАУ-ЫН ҮНЭТ МЕТАЛЛ ГАДААДЫН ВАЛЮТ БАРАА БА БУСАД АКТИВААР БАТЛАГДАНА
(Translation: Mongolian People's Republic, State Bank, One Hundred Tögrög, The banknotes are issued by the Bank of the Mongolian People's Republic. It is approved by precious metals, foreign currencies, goods, and other assets of the state bank)
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Protection type Watermark
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Mongolia's 1966 series marked a significant redesign from the earlier Soviet-influenced issues, though the political alignment with Moscow remained obvious in the printing contract — this series was produced in the USSR, as were essentially all Mongolian banknotes of the period through the state printing enterprise. The long validity window, stretching into the early 1980s, reflects the minimal inflationary pressure in a centrally planned economy where note replacement was driven by wear, not monetary policy.

The watermark is the sole mechanical security feature, which was unremarkable for Soviet-bloc printwork of the era but left the notes relatively straightforward to counterfeit — a known concern the State Bank quietly acknowledged by the time the 1981 replacement series was commissioned.