In my prior post the market I was referring to is in Olgy, not Khovd. Olgy is the first big town when you enter from the Altai.
Beba,
Funny you mention the central bank...we were told that they didn't in Olgy, so we went to the market....we got a really good rate there. When we went to UB, the rate at the bank was not very good. I guess we should have not listened to the local that told us that.
Good point on the Tugrik when leaving Mongolia. Make sure you get rid of all your Tugrik before leaving or you will find yourself with some very expensive dirty paper...
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