This non-circulating 100,000-tögrög note commemorates the 100th anniversary of the People’s Revolution, hence the printed date of 2021 at lower left back. However, the introduction was delayed until 9 December 2025, so initially notes were stamped in red at lower center back with the first day of issue (2025-12-09) to also commemorate the 100th anniversary of the tögrög, which was introduced into circulation on 9 December 1925 (B201).
The 100,000-tögrög commemorative note was also available in either a black folder sold for $6, or a brown folder given to select individuals by the bank.
B450 (PNL): 100,000 төгрөг (tögrög) (US$28)
Orange, brown, red, and blue. Front: Mongolian text; map; mountain range in background; Soyombo symbol; Chinggis Khaan; flaming green-to-gold SPARK; warrior on horseback as registration device. Back: Mongolian text; warrior on horseback as registration device; map of Mongolia; portraits of First Seven of the People’s Revolution, Damdin Sukhbaatar, Dogsom Bodoo, Soli Danzan, Dansranbileg Dogsom, Darzav Losol, Damby Chagdarjav, and Khorloo Choibalsan; silhouette of warrior on horseback. Windowed security thread with demetalized MB 100000. Watermark: Chinggis Khaan and electrotype МБ. Printer: (Unknown). 150 x 72 mm. Paper.
a. 2021. Sig. 9: Lkhagvasuren. Prefix AA.
Intro: 09.12.2025.
b. Horizontal red 2025-12-09 stamp lower center back.
Courtesy of Otgonrentsen Dashdorj and Sam Assad (www.4TopNotes.com).