What Currency Does Mongolia Use?
Facts last checked 31 August 2026.
Exchange rate (approximate):
1 USD ≈ 3,579 MNT
1 GBP ≈ 4,798 MNT
Rates are indicative (July 2026) and change daily. Always check live rates before travelling. Rates by Exchange Rate API.
Travel Money Card
Travelling to Mongolia? Avoid poor airport exchange rates — a prepaid travel money card or multi-currency card usually gets you a far better deal on Mongolian tögrög spending.
What is money called in Mongolia?
Money in Mongolia is called the Mongolian tögrög — its ISO 4217 currency code is MNT, and its symbol is ₮. The Mongolian tögrög is the official legal tender in Mongolia and is used for all everyday transactions — from paying for goods and services to converting money at banks and exchange bureaus. When travelling, you may also see it referred to as the Mongolia currency or simply money in Mongolia.
Is the Mongolian tögrög used anywhere else?
No — Mongolia is the only country on this site using the Mongolian tögrög as its official currency.
Practical money tips for Mongolia
Card payments are widely accepted in most cities, but it's still worth carrying some Mongolian tögrög in cash for smaller vendors, local transport and rural areas. Notify your bank before travelling to avoid transactions being blocked, and compare card fees — many cards charge a foreign transaction fee that a dedicated travel money card avoids.
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Money essentials for Mongolia
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Mongolia currency — FAQ
What is the currency of Mongolia?
The currency of Mongolia is the Mongolian tögrög (currency code: MNT, symbol: ₮).
What is the currency code for Mongolia?
The ISO 4217 currency code for the Mongolian tögrög is MNT.
What is the Mongolian tögrög symbol?
The symbol for the Mongolian tögrög is ₮. You will see this on price tags and receipts throughout Mongolia.
What currency is used in Mongolia?
The official currency used in Mongolia is the Mongolian tögrög (MNT).
Can I use US dollars in Mongolia?
The official currency of Mongolia is the Mongolian tögrög, not the US dollar. While USD may be accepted in some tourist hotels and major cities, you will generally get better rates paying in Mongolian tögrög and should exchange money before or on arrival.
What is the exchange rate for Mongolia?
As of July 2026, approximately 1 USD = 3,579 MNT and 1 GBP = 4,798 MNT. Rates change daily — always check a live source before travelling or sending money.
What is money called in Mongolia?
Money in Mongolia is called the Mongolian tögrög (MNT).
Do other countries use the Mongolian tögrög?
No — Mongolia is the only country on this site using the Mongolian tögrög as its official currency.
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