Mongolia capital and currency

• • • • • With an area of 1,564,116 sq. km, Mongolia is the world's 18th largest country. It is located in East Asia where it is bounded by land on all sides. As observed on the physical map of Mongolia, the country features vast areas of elevated lands including plateaus, mountains, and hills. From the Gobi Desert areas of the south, Mongolia rises into a grass-covered and generally treeless plain (steppe), punctuated by three mountain ranges. As marked on the map, these are the Khentii Mountains, Khangai Mountains, and the Altay Mountains. The highest point of Mongolia (marked on the map by a yellow upright triangle), Nayramadlin Orgil at 14,350 ft. (4,374 m), is found in the rugged Atlay Mountains of the west. Overall the country has an average elevation near 5,183 ft., (1,580 m); Hoh Nuur at 1,699 ft. (518 m) is the lowest point in the country. Hovsgol Nuur, one of Asia's largest freshwater lakes is located on its border with the Russian Federation. In addition to being the largest, Hovsgol Nuur is also the second-most voluminous in Asia, and contains nearly 70% of Mongolia's freshwater. The northern reaches of the country are replete with meandering rivers, thousands of small lakes, marshes and glaciers. Mongolia, in the west and north, experiences frequent earthquakes, although volcanoes here are considered extinct. Mongolia Provinces Map Mongolia is divided into 21 administrative provinces and 1 provincial municipality. In alphabetical order, these provinces are: Ar...

• Find out: • Details of the country Mongolia Country Name Mongolia ISO-2 Code MN ISO-3 MNG ISO Numeric 496 Continent Asia Total Area 1,565,000 sq km Capital Ulaanbaatar Tugrik Population 3,086,918 Currency Code MNT Languages Mongolian, Russian Neighbouring Countries Phone Code 976 Top-level Domain .mn Format of Postal Code ######

A ger, a traditional Mongolian tent, stands near a busy street in downtown Ulaanbaatar, Mongolia June 22, 2013. REUTERS/Carlos Barria/File Photo The Naiman Sharga market, close to the Mongolian capital’s cluttered and impoverished “ger” or tent districts, has become a daily destination for residents panicked by a precipitous decline in the currency, the tugrik. “Now I can’t find any more dollars,” said Ganbold, a currency trader, sporting a white, brimmed hat and galloping-horse belt buckle. Ganbold has traded currency since the fall of communism in 1990 and up until now he’s been able to rely on the network of traders whenever he needed more cash. But if a shipment of dollars doesn’t arrive from overseas as he hopes, Ganbold will have to close shop until more arrives. Mongolia’s government, elected in a landslide at the end of June, has been plunged into turmoil after years of collapsing foreign investment, unsustainable fiscal expansion and a decline in demand for commodities like coal and copper. Last week, the central bank hiked interest rates by 450 basis points to a record 15 percent, stabilizing a currency whose 9 percent fall against the dollar from the start of August made it the world's worst performer. Dollar supplies have dwindled, and commercial banks were severely restricting currency transactions, with one bank refusing to convert any dollars, Ganbold told Reuters as frustrated buyers milled around him. Finance Minister Battogtokh Choijilsuren said earlier t...

Approximately 94 percent of the population of Mongolia are ethnic Mongols, mainly from the Khalkha clan. About nine percent of the ethnic Mongols come from the Durbet, Dariganga, and other clans. An estimated five percent of Mongolian citizens are members of Turkic peoples, primarily Kazakhs and Uzbeks. There are also tiny populations of other minorities, including Tuvans, Tungus, Chinese, and Russians, which number at less than one percent each. Six percent of the Mongolian population are Sunni Muslim, mainly members of the Turkic minorities. Two percent of Mongolians are Shamanist, following the traditional belief system of the region. Mongolian Shamanists worship their ancestors and the clear blue sky. The total makeup of Mongolia's religions is above 100 percent because some Mongolians practice both Buddhism and Shamanism. The present-day border between Inner (Chinese) Mongolia and Outer (independent) Mongolia was drawn in 1727 when Russia and China signed the Treaty of Khiakta. As the Manchu Qing Dynasty grew weaker in China, Russia began to encourage Mongolian nationalism. Mongolia declared its independence from China in 1911 when the Qing Dynasty fell. Mongolia joined the UN in 1961. At that time, relations between the Soviets and Chinese were souring rapidly. Caught in the middle, Mongolia tried to remain neutral. In 1966, the Soviet Union sent a large number of ground forces into Mongolia to face down the Chinese. Mongolia began to expel its ethnic Chinese citizen...

Ulaanbaatar, where 1.3 million people out of Mongolia's just over 3 million population, is the country's economic, cultural and political center and has a number of tourist attractions and hosts the most varied types of entertainment. The city is divided into 9 districts and 122 khoroos. Ulaanbaatar is located on the bank of the Tuul River and surrounded by four sacred mountains with dense pine forests on the northern slopes and grassy steppes on the south. Mostly described, as sunny, peaceful and open, Ulaanbaatar is a city of contrast where modern life comfortably blends with Mongolian traditional lifestyle. Ulaanbaatar is a unique city that represents 2 different aspects of living. One aspect, high rise buildings characterize the city center shows the modern lifestyle, however, the other, visitors arriving either from the Chinggis Khaan (Buyant-Ukhaa) airport or by train to the main railway would not fail to notice thousands of traditional Mongolian "Gers" in the vicinity, an area referred to by locals as "ger district" shows a glimpse of the nomad lifestyle.