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New banknotes of MNT 20,000 gets into circulation www.zgm.mn
According to the decree of Governor of the Bank of Mongolia (BoM) banknotes for MNT 20,000 which had produced in 2006 will be removed from circulation beginning on March 1, 2020. The 2006 banknotes tended to counterfeit illegally due to lack of public security element and it has been suspended for settlement from March 1, 2020. The old banknotes which had issued in 2006 have no window and bow as well as the number of 2006 is printed on lower-back, left corner of the money. Citizens who have the expired banknotes hold a right to exchange with newly produced notes before it starts to get circulated.
Published Date:2020-03-03
