Mongolia Money

Currency

Tugrik (MNT; symbol ₮). Notes are in denominations of ₮20,000, 10,000, 5,000, 1,000, 500, 100, 50, 20, 10, 5 and 1. Coins are in denominations of ₮500, 200, 100, 50 and 20.

Currency Exchange

Official organisations authorised to exchange foreign currency include commercial banks in Ulaanbaatar and bureaux de change found along the streets and in hotels. Rates vary slightly and are likely to be lower in hotels. The easiest currency to exchange is the US Dollar, followed by the Euro and the Russian Rouble.

Credit/Debit Cards and ATMs

Accepted by main commercial banks, large hotels and a few shops and restaurants in Ulaanbaatar. ATMs are available in Ulaanbaatar and most aimag capitals. Both Visa and Mastercard are widely accepted.

Traveller's Cheques

Traveller's cheques are accepted although credit and debit cards remain faster and more convenient. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars. Traveller's cheques can be difficult to exchange outside the capital.

Banking Hours

Mon-Fri 0900-1300 and 1400-1800.

Exchange Rate Indicators

Date Apr 09
£1.00= ₮2,135.27
$1.00= ₮1,435.00
€1.00= ₮1,901.88
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