50 Möngö

The 50 Möngö was issued as Mongolia completed its transition away from Soviet-style central planning — the country had adopted a new constitution in 1992 and was rebuilding its financial infrastructure largely from scratch. Thomas De La Rue printed this and the associated series, a fairly standard arrangement for newly reforming economies lacking domestic security printing capacity.

At 90 × 45 mm, this is among the smallest banknotes De La Rue produced in that decade. The möngö subunit would effectively disappear from practical use within a few years as inflation eroded its purchasing power to nothing.