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20 Tögrög

Issuer State Bank of Mongolia
Year 1981
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Printer Goznak, Moscow
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Obverse lettering 20 БНМАУ ᠒᠐ УЛСЫН БАНК ХОРИН ТӨГРӨГ БАНКНЫ ТЭМДЭГТҮҮД НЬ БНМАУ-ЫН ҮНЭТ МЕТАЛЛ ГАДААДЫН ВАЛЮТ БАРАА БА БУСАД АКТИВААР БАТЛАГДАНА
(Translation: Mongolian People's Republic, State Bank, Twenty Tögrög, The banknotes are issued by the Bank of the Mongolian People's Republic. They are backed by precious metals, foreign currencies, goods, and other assets of the state bank)
Reverse description A central vignette presents a view of a power station in Ulaanbaatar, with electric power transmission towers, multi-storey residential buildings, and construction cranes in the middle ground set against a mountainous background. The composition reflects the industrial and urban development themes of the socialist era. Denomination numerals and bilingual inscriptions in Cyrillic and traditional Mongolian script are arranged within the surrounding guilloche panels.
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Comments

Goznak printed the bulk of Mongolia's Soviet-era banknote series, and this 1981 issue is a product of that long-standing printing arrangement between Ulaanbaatar and Moscow — one that reflected the broader economic dependency of the Mongolian People's Republic on the USSR throughout the Cold War decades. The tögrög itself had been pegged to the Soviet ruble since 1941, making these notes instruments of a monetary union in all but name.

R. Altankhuyag was among the first Mongolian nationals credited as designer on a domestic banknote series, a quiet but meaningful shift from earlier issues where design originated entirely in Moscow.

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