The tögrög is the official currency of Mongolia since 1928 when it replaced the Mongolian dollar. The word “tögrög” refers to “circle” or “circular object.” The Central Bank of Mongolia introduced notes in denominations of 1, 2, 5, 10, 25, 50, and 100 tögrög. In 1993, The government introduced new denominations of 500, 1000, 5000, and 10,000 tögrög.
The 20 Mongolian tögrög note front design features the portrait of Damdin Sükhbaatar (1893 – 1923), who was a Mongol leader considered the “Father of the Mongolian Revolution,” the Paiza (Paizi or Gerege), a tablet that provided a connotation of authority for Mongol officials and envoys, which allowed Mongolian nobles and officials to sue for goods and services from the civilian population, the Soyombo symbol (self-created), which is used as the national symbol of Mongolia, found on the Mongolian flag and emblem, and a sketch of a candlestick with three candles followed by the numerical denomination. The reverse of the note illustrates a pair of horses on the Mongolian-Manchurian grassland (Mongolian-Manchurian steppe) and the Paiza. The lettering in the note is presented in the Mongolian language. This note is part of the 2000 – 2020 series, and its color is red on rose, green, and orange underprint.
Text: Mongolia, Bank of Mongolia, Twenty Tögrög, 20, 2014.