The Bank of Mongolia has issued in small quantity of a commemorative banknote in denomination of 5000 Togrog for the 100th anniversary of the establishment and strengthening of the modern banking system in Mongolia and were put into circulation on May 31, 2024 by the Governor’s order of the Bank of Mongolia. The 5000 Togrog banknotes were reprinted with upgraded public security features using the latest technologies without any changes of the main banknote design approved by Parliament.
On the front side of the banknote, we adapted several upgraded security features with latest technologies such as visible UV three colors offset SOYOMBO-Mongolian national symbol, a color-changing feature Spark presented the logo of the 100th anniversary of Modern banking system and horseman on the lower right corner. Moreover, there is a tactile feature with six embossed lines for visually impaired people on the right and left edges of the banknotes. Moreover, on the back side of the banknote we adapted the newest machine readable micro-optic security thread Breeze.
Issuing a commemorative banknote by a central bank for any national historical occasions is a common practice extending throughout the world.
According to the Law of the Central Bank, the Bank of Mongolia has the exclusive right to issue national currency and put into circulation. For years as a Central Bank we have been paying special attention to improving public security features of the banknotes with latest technologies in order to ensure the required reserve. In 2018 we upgraded SOYOMBO for 5000 Togrog in a color-changing security feature Spark, in 2019 we upgraded security features for 50 and 20000 Togrogs with more advanced feature 3D macro optic strip motion surface, color changing feature Spark and tactile feature for visually impaired people. In 2020 100, 500, and 1000 Togrog banknotes were reprinted with security feature such as color changing Spark and tactile feature for visually impaired people. In 2021 we upgraded public security features of 10000 Togrog such as three-dimensional narrow lined color changing silver patch Soyombo, a tactile feature for the visually impaired people and same time we issued commemorative circulation banknotes for 100th years anniversary of Mongolian National Revolution, reprinted in limited quantity with the logo of the anniversary using upgraded color changing security feature Spark.