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10 Tögrög
| Issuer | Mongolbank (Bank of Mongolia) |
|---|---|
| Year | 2002-2020 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
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| Protection type | Watermark |
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| Variants | P#62b - 2002 P#62c - 2005 P#62d - 2007 P#62e - 2009 P#62f - 2011 P#62g - 2013 P#62h - 2014 P#62i - 2017 |
| Comments |
The 10 Tögrög has occupied a peculiar position in Mongolian circulation — technically legal tender through most of the 2000s, but worth so little in real purchasing power that it functioned more as litter than currency. By the mid-2010s, a single unit bought essentially nothing in Ulaanbaatar, yet the note continued to be printed and issued across the full run of this series rather than being demonetized or replaced by a coin equivalent.
Mongolia never completed a full decimalization-era coinage reform that would have retired low-denomination notes in favor of coins, leaving this awkward paper unit in limbo for nearly two decades.