slcollectors shop 1955 1,3,5,10,25,50 & 100 Tugrik Mongolia Bank Notes « Mongolia Bank Notes « World Paper Money/banknotes Section « SL Collectors Coin Blog

1955 1,3,5,10,25,50 & 100 Tugrik Mongolia Bank Notes

 

History Of Mongolia & Currency

 

The Mongolian People Republic, a landlocked country in Central Asia between the Soviet Union and the People’s Republic Of China. It has an area of 604,247 sq. mil (1,565,000 sq.km) and a population of 2.1 million. Capital is Ulan Bator. Animal herds and flocks are the chief economic assets. Wool, cattle, butter, meat and hides are exported.

Mongolia (often referred to as Outer Mongolia) is one of the world’s oldest countries, attained its greatest power in the 13 th century when Genghis Khan and his successors conquered all of China and extended their influence westward as far as Hungary and Poland. The empire dissolved in later centuries and in 1691 was brought under the sovereignty of the Manchus who had conquered China in 1644.

 

After the Chinese Republic movement led by Sun Yat Sen overthrew the Manchus and set up the Chinese Republic in 1911, Mongolia with the support of Russia, proclaimed its independence from China and on March 13 ,1921 established the Mongolian People’s Republic.

 

The ruler were the Chinese and ruled since 1921. The monetary system is 1 Tugrik(Tukrik)- 100 Mongo.

 

Below is the FIRST ISSUE of the State Bank of 7 piece banknotes including the following:

 

Year

Denomination

Description

1955

1 TUGRIK

Brown

1955

3 TUGRIK

Green

1955

5 TUGRIK

Blue

1955

10 TUGRIK

Red

1955

25 TUGRIK

Gray-brown

1955

50 TUGRIK

Green

1955

100 TUGRIK

Lt Blue

 


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