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20 000 Tögrög

Issuer Bank of Mongolia (Mongolbank)
Year 2006
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Currency Tögrög (1925-date)
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Obverse description At centre-left, an intaglio portrait vignette of Chinggis Khaan (born Temüjin, c. 1162–1227), founder of the Mongol Empire. To the right of the portrait, a Paiza (Gerege) — a ceremonial tablet of authority used by Mongol officials and envoys to requisition goods and services — is rendered in detail. The National Coat of Arms of Mongolia appears at upper left, with the denomination and issuing authority inscribed in both Cyrillic and traditional Mongolian script.
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Protection type Watermark
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Mongolia's highest denomination at the time of issue, the 20,000 Tögrög was introduced partly in response to cumulative inflation that had made smaller notes functionally awkward for everyday transactions — a persistent problem since the early 1990s liberalization, when the tögrög lost the artificial stability it had under the Soviet-era monobank system. G&D's Munich facility printed the series, and the note carries a relatively modest security specification for its face value, with watermarking as the primary overt feature.

Pick 70 is notably scarce in heavily circulated grades, likely because high-denomination notes in Mongolia tended toward hoarding rather than daily use.

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