The Tögrög is the official currency of Mongolia. It was introduced in 1925, replacing the previous currency, the Mongolian dollar. The currency code for Tögrög is MNT, and it is subdivided into 100 möngö. The Tögrög is issued by the Bank of Mongolia and is available in both coins and banknotes. The banknotes feature various historical and cultural figures, as well as significant landmarks from Mongolia. The currency plays a crucial role in the country's economy, facilitating trade and commerce.