All About Tajikistan Currency: History, Usage, and Exchange Rates

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Silver Round Coins on Banknote
Credit: pexels.com, Silver Round Coins on Banknote

Tajikistan's currency is the Somoni, which was introduced in 2000 to replace the Russian Ruble.

The Somoni is subdivided into 100 dirams, but dirams are no longer in circulation.

You can exchange your money for Tajikistani Somoni at local banks, currency exchange offices, or some hotels.

It's a good idea to have some local currency with you when you arrive in Tajikistan, as not all places accept credit cards or foreign currencies.

Curious to learn more? Check out: Local Currency News

Somoni History and Types

The Somoni currency was launched on October 30, 2000, at the exchange rate of 1 Somoni to 100 dirams. This marked a significant shift from the previous currency, the Tajikistani ruble.

The first coins were issued in 2001 and were made of brass clad steel somoni. These coins were introduced to help ease the circulation of the currency and create a more efficient monetary system.

The first coins were in denominations of 5, 10, 20, 25, and 50 dirams, and were later replaced by bimetallic somoni coins in 2003. The National Bank of Tajikistan is responsible for issuing banknotes and coins used in the country.

Here are the current coin denominations in circulation:

The somoni was introduced to replace the rouble, at the rate of 1 SM = 1,000 Rbls.

History

Credit: youtube.com, Tajikistan banknotes - Somoni

The somoni was introduced on 30 October 2000, replacing the rouble, at the rate of SM 1 = 1,000 Rbls.

The somoni replaced the Tajikistani ruble, which was used from May 10, 1995, to October 29, 2000. The Tajikistani ruble was divided into 100 tanga, but no coin or banknotes were issued denominated in tanga.

One somoni is divided into 100 dirams. Diram banknotes were first introduced on 30 October 2000, along with the somoni.

Coins were later introduced in 2001 with the intention of creating a more efficient monetary system and gradually replacing the diram notes. This was also the first time circulating coins were used in Tajikistan since independence in 1991.

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Remarks

The Republic of Tajikistan's currency, the Somoni, has a fascinating history and design. The official name of the country, "ҷумҳурии Тоҷикистон", is translated to "Republic of Tajikistan".

The composition of some Somoni coins has been a subject of debate. The Standard Catalog of World Coins states that the composition for SM 1, SM 3, and SM 5 is cupronickel-zinc, while the Central Bank claims it's cupronickel.

The Rudaki coin is named after a famous poet from Tajikistan, "Рӯдакӣ", also known as Rudaki.

Somoni Denominations

Credit: youtube.com, Tajikistan 1 Somoni Banknote - World Currencies

The Tajikistan Somoni has several denominations in circulation, including coins and banknotes. Coins come in denominations of 1, 5, 10, 20, 25, 50 dirams and 1, 3, 5 somoni.

Here are the current banknote denominations of the Tajikistan Somoni: 1, 5, 20, 50 diram, 1, 3, 5, 10, 20, 50, 100, 200, 500 somoni.

The National Bank of Tajikistan issues banknotes in various denominations, with the most recent series featuring images of notable figures and landmarks.

Coins

The Tajikistan somoni coins were first issued in 2001 and were struck in various denominations. These denominations include 5, 10, 20, 25, and 50 dirams, as well as SM 1, SM 3, and SM 5.

The coins were made of brass-clad steel, except for the SM 1, SM 3, and SM 5, which were made of nickel-clad steel. The bimetallic SM 3 and SM 5 coins were introduced in 2003.

The reverses of all somoni coins are changed annually and commemorate various events. The first series of somoni coins was issued in 2001, and a second issue was released in June 2012, including 1, 2, 5, 10, 20, and 50 dirams and SM 1.

Credit: youtube.com, TAJIKISTAN, 1 Somoni - 2011 unc Coin & Value

Here's a table of the first series of somoni coins:

Banknotes

The Tajikistan Somoni has a wide range of banknotes in circulation, each with its own unique features and denominations.

The smallest denomination of the Tajikistan Somoni is 1 diram, with banknotes available in denominations of 1, 5, 20, and 50 dirams. The first banknotes were printed in 1999 and issued in 2000.

The National Bank of Tajikistan is responsible for issuing these banknotes, and they have a distinctive design that reflects the country's culture and history. The banknotes feature images of notable figures and landmarks, such as the Sadriddin Ayni Theatre and Opera House and the Pamir Mountains.

Here is a list of the current banknote denominations of the Tajikistan Somoni:

Each denomination has its own unique design and features, making the Tajikistan Somoni a fascinating currency to learn about.

Using Somoni

The Tajikistan Somoni is the official currency of Tajikistan, launched on October 30, 2000. It's named after Ismail Samani, the father of the Tajik nation.

Credit: youtube.com, Tajikistan 1 Somoni Banknote Review

You can exchange your money for Somoni at banks or currency exchange offices in Tajikistan. The National Bank of Tajikistan is responsible for issuing banknotes and coins used in the country.

Coins in circulation include denominations of 1, 5, 10, 20, 25, 50 dirams, and 1, 3, 5 somoni. The first coins were issued in 2001.

Banknotes in circulation include denominations of 1, 5, 20, 50 diram, 1, 3, 5, 10, 20, 50, 100, 200, 500 somoni. The currency symbol for Somoni is SM.

Somoni Conversion and Exchange

The official currency of Tajikistan is the Tajikistan Somoni, which was launched on October 30, 2000, at the exchange rate of 1 Somoni to 100 dirams.

You can find the current exchange rate of the Somoni with other currencies using online tools like Monito's currency pages. This will give you an idea of how much of one currency you can exchange for another.

The Somoni is one of around 180 currencies worldwide, which means it trades against all other official currencies around the globe. This is essential when traveling to, buying goods and services from, or sending money to Tajikistan.

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Credit: youtube.com, 1 USD to TJS - Convert US Dollars to Tajikistani Somoni Currency Exchange Rates Today 28 August 2024

To convert Tajikistani Somonis to US dollars, you can use online currency converters. Simply type in the box how much you want to convert, select TJS in the first dropdown as the currency you want to convert, and USD in the second dropdown as the currency you want to convert to.

Here's a quick summary of the exchange rates for TJS to USD in the last 30 days: the 30 day high was 0.0916, the 30 day low was 0.0911, and the 30 day average was 0.0914. The change for TJS to USD was -0.06.

The National Bank of Tajikistan is responsible for issuing banknotes and coins used in the country. Currently, banknotes in denominations of 1, 5, 20, 50 diram, and 1, 3, 5, 10, 20, 50, 100, 200, 500 somoni are in circulation.

To give you a better idea of the exchange rates, here's a list of some countries and their exchange rates with the Somoni:

  • United States: 0.117 USD per TJS (as of 2017)
  • European Union: 0.104 EUR per TJS (as of 2017)
  • Japan: 11.85 JPY per TJS (as of 2017)
  • China: 0.080 CNY per TJS (as of 2017)

The Somoni is named after Ismail Samani – the father of the Tajik nation. This is a unique aspect of the currency, and it's a great way to learn more about the country's culture and history.

The National Bank of Tajikistan also issues coins in various denominations, including 1, 5, 10, 20, 25, and 50 dirams, and 1, 3, and 5 somoni. Each year, the bank issues new coins to commemorate certain events in the country.

Ann Lueilwitz

Senior Assigning Editor

Ann Lueilwitz is a seasoned Assigning Editor with a proven track record of delivering high-quality content to various publications. With a keen eye for detail and a passion for storytelling, Ann has honed her skills in assigning and editing articles that captivate and inform readers. Ann's expertise spans a range of categories, including Financial Market Analysis, where she has developed a deep understanding of global economic trends and their impact on markets.

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