Swiss Franc in Mongolian Tugrik

CHF Swiss Franc

Country of application:
Liechtenstein, Switzerland

Coin denominations in circulation:
5, 2 and 1 franc, as well as 50, 20, 10 and 5 rappen.

Denominations of banknotes in circulation:
1000, 200, 100, 50, 20 and 10 francs.

History reference:
The Swiss franc is the official currency of Switzerland. The history of the modern Swiss franc dates back to May 7, 1850. Until that day, the country did not have a single monetary system: 25 cantons... and half-cantons, 16 cities, and abbeys issued their own money. There were about 860 types of coins of various values and denominations in circulation. Moreover, most of the money circulation accounted for foreign money in general. The situation was changed by the constitution of 1848, in accordance with which a single national currency was introduced. Due to the flexible exchange rate, the strong development of the Swiss economy and the political stability of the country, the Swiss franc is one of the most stable currencies in the world, in high demand as a reserve. It traditionally refers to the currencies of tax havens or offshore zones, with zero inflation and legally fixed gold and foreign exchange reserves of at least 40%. However, this condition, introduced in the 1920s, was abolished on 1 May 2000 due to amendments to the Swiss Constitution. The high confidence of international investors is the reason for the upward trend in the exchange rate of the franc against most other national currencies.

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.