Tugrik


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Tugrik

The currency of Mongolia. It was introduced in 1925 and was pegged to the Soviet ruble. It currently floats.
References in periodicals archive ?
2 billion tugriks of enterprises were sold by auction in 1996.
Almost all major industries are technically bankrupt, workers are being paid in devalued tugriks carrying about 5 percent of the former value, pensions have become valueless, and the entire social safety network is being dismantled.
The loan from the EBRD will be provided in Mongolian tugrik, as will most of the leasing contracts with our clients.
ABBREVIATIONS CEOs: Chief Executive Officers MNT: Mongolian Tugriks OLS: Ordinary Least Squares WVS: World Values Survey
Monroad's most recent audited financial statements report revenue of 36,286,005,641 Mongolian Tugriks, or USD 19,214,805 as of December 31, 2014.
All of them want dollars, the preferred currency, rather than Mongolian tugriks.
1 of the AML/CFT Law, the carrying of over 5 million tugriks (approximately $3,500) across the border requires a declaration to the Customs Department.