The Mongolian currency is the Tugrik (T/Tg or MNT). Its value is subject to constant fluctuation. Roughly, there are around 1.650 Tg in one Euro. For the actual currency rate, click here. Banknotes are valued 1, 5, 10, 20, 50, 100, 500, 1.000, 5.000, 10.000 and 20.000 Tg, of which the smallest notes are hardly used.

94% Tibetan Buddhist Lamaism, also elements of Shamanism. 6% Muslim, mainly in the south-west. The government of Mongolia has a parliamentary type of government, with the President second in authority to state Great Hural (Parliament).

 


85% Mongol, 7% Turkic (mainly Kazakh), 4,6% Tungusic and 3,4% others. Four million Mongols live outside Mongolia.

The Mongolian language ('Khalkha Mongol') is the first language, spoken by 90% of population. Its script is Cyrillic due to Russian influence, however a switchback to traditional script is now taking place in schools. Second language, Russian, is spoken by most graduates, as many Mongolians were formerly educated in Russia.

Mongolia's forests supports wolves, boars, elks, moose, deer, caribous, antelopes and brown bears. The steppes and forest margins supports marmots, muskrats, foxes, steppe foxes and sables. The remote parts of the mountains are home to wild cats such as the lynx and snow leopard. Mongolia has many wild camels, yaks and sheep and one can also spot nocturnal yellow gobi bears. The wild horse (takhi) is being re-introduced from captive herds abroad. Nowadays, Mongolia approximately has as many horses as people! Bird life is rich and includes the golden eagle, bearded vulture and other birds of prey. The 2.000 lakes are a magnet for water birds such as storks, herring gull and relict gulls. The lakes support 50 species of fish that are unique to Mongolia.