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Investopedia explains 'MNT (Mongolian Tugrug)'
First introduced in December of 1925, the tugrug replaced the Mongolian dollar at a rate at par with the Soviet ruble.
There are heavy restrictions on the import and export of currency in Mongolia. The import of local currency is limited to Tg815, and the import of foreign currency is limited to US$2,000 or the equivalent of another currency. Only the amount of currency declared upon arrival is permitted to be exported upon departure from the country.
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