5 Tögrög

The Mongolian Trade and Industry Bank — Mongoliin Худалдаа Аж Үйлдвэрийн Банк — was the sole issuing authority in the Mongolian People's Republic throughout this period, operating under close Soviet oversight. The 1941 series was produced by Goznak in Moscow, the same facility printing Soviet state currency at the time, and the design vocabulary reflects that proximity directly.

Mongolia's wartime financial position was deeply tied to Soviet supply chains, and the 1941 reissue replaced the earlier 1939 notes as the MPR quietly consolidated its monetary administration ahead of the wider disruptions of the Pacific theater years.