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Mongolian Monetary Unit

A Mongolian monetary unit refers to the currency used in Mongolia. The official currency of Mongolia is the Mongolian Tögrög (MNT), which is divided into smaller denominations called möngö. Being the sole legal tender in Mongolia, the Mongolian Tögrög is widely used for various transactions throughout the country.

Senses and Usages

Sense 1: Currency of Mongolia

The Mongolian monetary unit, the Mongolian Tögrög (MNT), is the official currency of Mongolia. It is used for everyday transactions and financial activities within the country.

Sample Sentence:

"I exchanged my dollars for Mongolian Tögrögs at the bank before my trip to Mongolia."

Sense 2: Subunit of Mongolian Currency

The möngö is the smallest denomination of the Mongolian Tögrög, serving as a subunit of the Mongolian monetary unit.

Sample Sentence:

"A hundred möngö make up one Mongolian Tögrög."

Sense 3: Local Forms of Mongolian Currency

Local forms of Mongolian currency, such as traditional livestock-based bartering systems or exchange methods rooted in Mongolian nomadic culture, are sometimes referred to as Mongolian monetary units in a broader sense.

Sample Sentence:

"Despite modern currency adoption, some remote communities still rely on their traditional Mongolian monetary units."