The Central Bank of Mongolia announced the introduction of the improved notes of MNT 50 and MNT 20,000 into circulation.

Banknotestreet reports the notes have new security features against counterfeiting such as 3D security ribbons, colour-changing ribbons, colour-changing ink, micro-optic security thread, and tactile features for the visually impaired.

According to the company, the new MNT 20,000 banknote also incorporates the Mongolian culture and traditional designs combined with state-of-the-art techniques.

The old MNT 20,000 banknote of 2006 will reportedly be withdrawn from circulation by 1 March 2020.

Banknotestreet reports the old note can be exchanged at the central bank, starting from 1 March 2020.

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