Mongolian Tugrik in Eritrean Nakfa

MNT Mongolian Tugrik

Country of application:
Mongolia

Coin denominations in circulation:
20, 50, 100, 200, 500 tenge.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000, 5000, 10000, 20,000 tenge.

History reference:
The Mongolian Tugrik is the currency of Mongolia. Among bonists and collectors, modern Mongolian money is not a common collectible, since individual coins or banknotes of this country are usually not... valued very highly. They are not so difficult to find and purchase in good condition. For this reason, the money of Mongolia is collected precisely in the collection, where there are banknotes of all periods and years of issue. Mongolian Tugriks are fairly standard, not to say that they are very similar to other currencies, they do not have special protection, that is, they are quite stable and do not contain anything special in their design that could distinguish their currency from the rest. Naturally, all the money is of a fairly stable size, as well as the color scheme of the currency is quite primitive, in addition, it is worth pointing out that the face value is indicated on both sides, from both angles. That is, there are four values of the face value on the banknote. And yet, many people suffer from the fact that they cannot distinguish face value by a particular color or size.

ERN Eritrean Nakfa

Country of application:
Eritrea

Coin denominations in circulation:
1, 5, 10, 25, 50 cents, 1 nakfa.

Denominations of banknotes in circulation:
1, 5, 10, 20, 50, 100 nakfa.

History reference:
The Eritrean nakfa is the national currency and fiat money of the State of Eritrea, a state in East Africa. Nakfa was introduced in 1997 when it replaced the Ethiopian Birr after the War of Independe...nce. The country went through seven years of stabilization, reconstruction and development before the start of a new border war with Ethiopia in 1998. In mid-2018, a turning point took place in the external environment of Eritrea. Ethiopia signed a peace treaty with Eritrea in July 2018. Eritrea has begun to normalize relations with neighboring countries. In November 2018, the UN Security Council lifted sanctions on Eritrea. The current account surplus will remain high in 2020, driven by Eritrean remittances from abroad (12% of GDP) and mining exports (25% of GDP).