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Central vignette comprises a portrait of Damdiny Sükhbaatar (1893–1923), founding member of the Mongolian People's Party and commander of the revolutionary partisan army, set against a guilloche underprint. To the left, a Paiza (Gerege) — the imperial tablet of authority used by Mongol officials and envoys — is rendered in intaglio, while the national Coat of Arms appears at upper right. Denominations and inscriptions are rendered in both traditional Mongolian script and Cyrillic. |
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The right portion of the reverse is occupied by an intaglio vignette of three horses grazing on an open steppe, with a panoramic mountain range rendered in pale blue tones forming the background. To the left, a vertical ornamental panel bearing the Cyrillic legend МОНГОЛБАНК is framed by intricate guilloche work surmounted by a Soyombo symbol. Denomination numerals appear in the upper-left and lower-right corners within lathe-work cartouches. |
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The 1993 Mongolbank series, of which this is a part, marked the country's first major currency redesign after the collapse of Soviet patronage. Mongolia had relied on USSR subsidies for decades; when those ended abruptly in 1990–91, the economy contracted sharply, and the tugrik lost significant purchasing power before stabilization measures took hold. Thomas De La Rue handled the entire series, a logical choice given Mongolia's limited domestic printing infrastructure at the time.
The watermark is the sole security feature — modest even by early-1990s standards, reflecting budget constraints on the commission.