Catalog
500 Tögrög
| Issuer | Mongolbank (Bank of Mongolia) |
|---|---|
| Year | 1993-2000 |
| Type | Log in to see details |
| Value | 500 Tögrög |
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| Obverse description | Central vignette of Chinggis Khaan (Temüjin, c. 1162–1227) in portrait, flanked by a Paiza (Gerege) — the imperial tablet of authority used by Mongol officials and envoys to requisition goods and services — with the National Coat of Arms of Mongolia. The denomination numeral appears in Traditional Mongolian script alongside Cyrillic inscriptions identifying the issuing authority. |
|---|---|
| Obverse lettering | 500 ᠕᠐᠐ ᠮᠣᠩᠭᠣᠯ ᠪᠠᠩᠬᠢ ᠲᠠᠪᠤᠨ ᠵᠠᠭᠤᠨ ᠲᠥᠭᠥᠷᠢᠭ (Translation: Mongolia, Bank of Mongolia, Five Hundred Tögrög) |
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| Comments |
Mongolia's 1990 transition from a Soviet-aligned command economy to a market system left Mongolbank scrambling to replace the Möngölt-era currency architecture almost entirely. The 500 Tögrög denomination entered circulation at a point when hyperinflationary pressure was acute — annual inflation exceeded 300% in 1993 — making this note's face value meaningful at issue and eroded within months.
Thomas De La Rue's involvement here is consistent with Mongolia's broader post-Soviet pivot toward Western security printing contracts, a shift shared by several former COMECON states in the early 1990s.