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500 Tögrög

Issuer Mongolbank (Bank of Mongolia)
Year 1997-2000 (1993-2000)
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Printer De La Rue (Thomas de la Rue; Thomas De La Rue & Co.; TDLR), London, United Kingdom (1821-date)
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Reverse lettering ᠕᠐᠐ МОНГОЛ УЛС

МОНГОЛБАНК

500 ТӨГРӨГ
(Translation: Mongolia, Bank of Mongolia, Tögrög)
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Protection description Portrait watermark of Chingis Khaan
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Comments

Mongolia's mid-1990s banknote series was produced under difficult conditions — the country was navigating the aftermath of Soviet collapse, hyperinflation, and the transition to a market economy all at once. The 500 Tögrög was a meaningful denomination in that environment, worth paying attention to when it entered circulation.

De La Rue's involvement brought a level of security infrastructure that Mongolian printing capacity could not then provide domestically. The watermark is the sole listed security feature for this type, which is relatively spare by late-1990s standards — most contemporaneous De La Rue issues for emerging-market clients included at least a security thread alongside.

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