Historical Money of Tibet - After 1959

After 1959

During the great exodus of Tibetans, by the middle of 1959, also the circulation of bank notes stopped, when the PRC introduced the mimang shogngul (= "people's paper money") currency into Tibet, eventually replacing the traditional Tibetan money.

Since 1959, mimang shogngul sgor (Tibetan: སྒོར་, ZYPY: Gor) is used. One sgor is divided into 10 sgor-zur (Tibetan: སྒོར་ཟུར་, ZYPY: Gorsur) or 100 skar (Tibetan: སྐར་, ZYPY: Gar).

One sgor is called gor gcig (Tibetan: སྒོར་གཅིག།) while one skar is called skargang (Tibetan: སྐར་གང༌།).

Tibetan texts are printed on banknotes but not on coins.