Most banks change dollars to togrog, but exchanging euros can be a major headache. A Khaan Bank near the Tushig Hotel might change euros to tugruk. You cannot withdraw money from ATM's with a Mastercard, but according to the banks, Visa should work. Western Union money tranfer is not working at the time of writing.
Kazakh Embroidery Shop
Hovd is a great place to buy kazakh embroidered goods. there are two local women who make and sell these items: marima mobile 99438849 and berdgul 0143222586, together they run the kazakh embroidery shop. their workshop makes everything from traditional wall hangings to purses, traditional kazakh men's hats, pillowcases, and felt carpets. the purses and pillow cases are made with old kazakh wall hangings so the colors are more subdued to fit the tastes of foreigners. both marima and berdgul are very friendly and speak fantastic english. the building is on the main road, if you are at the square facing the theater turn right and walk down the right side of the street. you will see the shop's sign just past the apartment building, it is painted in english on the side of the shop.
Ih Buyan Zah / Pink Market (ÐÑ ÐÑÑн ÐÐ°Ñ )
This market is a two-story pink building just east of hovd university. the lower level is mostly for food, there are small sections for meat and produce towards the back. the second floor is loaded with clothing vendors, including some traditional mongolian deel makers to find them, go straight at the top of the stairs. a traditional deel should cost about 35,000-40,000t including materials and labor. there are a few surprising shops interspersed amongst the more traditional vendors, including a toy store 2nd floor, a bookstore with english language books 2nd floor, several electronics vendors, and a good stationery store that also sells some souvenirs 1st floor, separate entrance from rest of market, 1st set of doors after the guanz.
Nomin
M-f: 9-9, s-sun: 10-9. nomin is hovd's big supermarket. there are items in nomin that can't be found anywhere else in town, particularly in the pricey imported foods section near the front. while they mostly sell food and drinks, they also sell appliances, home furnishings, and have a separate section where people can buy clothes and traditional mongolian and kazakh souvenirs. the souvenirs in this section are a bit pricey, as the items are brought in from other parts of the country. they have chinggis khaan key chains, wallets, and wall hangings, as well as felt slippers and morin khuurs. for about 25,000t you can buy vodka that comes in a glass bottle the shape of a ger.