10th February 2020
Bank of Mongolia introduces MNT 20,000 with MOTION SURFACE®
The Bank of Mongolia has introduced two new improved banknotes, MNT 50 and MNT 20,000. The central bank has chosen to upgrade the 20,000 note with the advanced security technology MOTION SURFACE® from Crane Currency, to prevent counterfeiting.
The new MNT 20,000 banknote incorporates Mongolian cultural and traditional designs, combined with state-of-the-art security technology. These features are easily recognized and include a micro-optic security thread and tactile structures for visually impaired people.
The new banknotes were put into circulation on February 10.
The former version of MNT 20,000, issued in 2006, will be withdrawn from March 1, 2020, due to its low level security features, which makes the banknote more at risk of being counterfeited.