CURRENCY OF MONGOLIA
What currency to use in Mongolia?
Currency of Mongolia and what currency use Mongolia?
Mongolia is neighboring only with two countries such as China and Russia, so the selection of currency is not big. As a tourist in Mongolia, you can use your international credit or debit cards but only in the cities or in the small villages with ATM or supermarkets that accept currency cards. But if you will go travel outdoor there are no ways to withdraw cash. So before you travel out of the town you must make sure that you have cash a certain amount of local Mongolia currency (MNT). People who live in the countryside do not accept or make deals with foreign currency except in some most touristic areas.
Most valid currencies are American USD, Chinese CNY, Russian RUB, European EURO. If your country’s currency is not belonging to one of these I would recommend you to have the right currency before you arrive in Mongolia.
There are many places for currency exchange but a most trusted place for doing that is going to local banks to avoid fake money or scammers.
In most of the places of Mongolia, they do accept USD that only looking new, 2009 year or later. Outside of the currency must look also clean. So make sure that your money is in your clean pockets or in good wallets. Crumpled bills or bills with any stump from the bank are also may make you a problem as they may not be accepted or lose their value.