Get ready for your trip to Mongolia. Order your Mongolian Tögrög at Manor FX today. Our great exchange rates mean you'll have more MNT cash to spend. Have your Mongolian Tugrik banknotes delivered securely to your home or office, or pick them up from the Manor FX bureau near Heathrow.
Manor FX offers fast delivery times and a fuss-free online ordering process for your Mongolian tugrik travel money.
Travel advise: payments in Mongolia
Jet off well-informed to Mongolia. Here are some handy facts about cash and card payments in Mongolia.
Card payments are accepted by many vendors in Mongolia, especially by international hotels, chain restaurants and supermarkets in the capital Ulaanbaatar. Most vendors will have modern chip and pin card terminals compared to the older style swipe and sign card terminals, the latter ones which aren't compatible with most UK cards unless the swipe-and-sign feature is enabled.
Vendors in rural areas of Mongolia will typically not accept card payments. This is also the case for tour guides, taxi drivers, street vendors and market traders in Ulaanbaatar.
If you are going to pay by card in Mongolia, be aware of card fees charged by your bank for foreign card payments. They can be as high as 3%. On top of the card fees you risk to lose money on the bank's exchange rates. Especially for payments in Tögrög the bank's exchange rate to GBP may be very poor.
Before using your bank card for payments in Mongolia or anywhere in East Asia, it's always a good idea to inform your bank about your travel plans. This will avoid your card becoming blocked due to international transactions that your bank may find suspicious.
It's a good idea to take some Mongolian Tugrik banknotes with you on your trip to Mongolia. Cash remains a great fallback option when card paymens aren't available.
Many vendors in Mongolia accept payments in US dollars. If you take USD with you, make sure they are from the latest series and that the bills are crisp and clean.
When paying in USD, make sure to check the exchagne rate as some vendors may charge very poor rates. Paying in local currency is a simple way to stay in control over your budget.
Because of the low value of the Tugrik, local cash can be quite bulky in Mongolia. It's therefore adviseable that you take a mix of Mongolian Tögrög and US dollar banknotes with you on your trip to Mongolia.
Getting to Mongolia can be quite expensive. But when you're in Mongolia, you'll notice that the cost of living there is much cheaper than here in the UK. On average, the prices in Mongolia are 49% lower than prices in the UK.
For a coffee in a cafe in Ulaanbaatar you'll pay around 6000 MNT. The cost of a three-course meal in a mid-range restaurant is around 25,000 MNT.
Most Mongolians don't tip themselves. But workers in the tourism industry are used to receiving tips.
If you're happy with the service received you should consider adding a 10% to 20% tip to your bill. Make sure to tip in cash.
Banknotes in Mongolia
Banknotes in Mongolia come in a high number of denominations: T1, T5, T10, T20, T50, T100, T500, T1000, T5000 T10000 and T20000. Even the highest value banknote is worth only around £5.
The small value of the lower denomination banknotes makes them similar to paper coins. The value of a T1 banknote is less than a hundreth of a penny.
The portrait on the Mongolian banknotes is that of the most famous Mongolian of all times: Genghis Khan, first Great Khan and Emperor of the Mongol Empire.
Coins in Mongolia
Mongolian coins range from 20 to 500 Tugriks. They circulate alongside the low denomination banknotes.
Mongolia's currency import and export regulations
There are no restrictions on currency in Mongolia: Travellers can import and export as many currency as they like into and out of Mongolia, both Mongolian Tugrik and foreign currencies.
Ordering Mongolian Tögrög online
Order Mongolian Tögrög online and have them delivered fast and securely to your home or office, with Royal Mail Special Delivery Guaranteed®. Or pick them up from our travel money shop near Heathrow. Click here to buy Mongolian Tögrög online.
Selling back Mongolian Tögrög
If you have Mongolian Tögrög to sell, follow this link to exchange Mongolian Tögrög to Pounds, click on 'sell currency' and select 'MNT Mongolian Tugrik'. We'll pay good rates for your leftover Mongolian Tögrög.