The tugrik is the official currency of Mongolia. It is divided into 100 mongo.
"Tugrik" Examples
Tugrik
The Mongolian tögrög, or tugrik for short, is the sole official currency of Mongolia. It is issued by the Bank of Mongolia and has the ISO 4217 code MNT. The name is Mongolian for "treasure".
Examples:
The currency in Mongolia was the tugrik. She converted the dollar to MNT, knowing the current exchange rate was 3,200 tugrik per one US dollar. The peasants traded their goods for food in exchange for a few tugrik. To discourage the black market, the government fixed the price of goods in fixed terms, 17,575 tugrik per kilogram for rice. The tourists who spent indoors were not aware of the street market where sellers were trading their old clothes for USA dollars and exchanges them for the local currency, the tugrik.