The ruble ( tg, рубл) was the currency of
Tajikistan
Tajikistan (, ; tg, Тоҷикистон, Tojikiston; russian: Таджикистан, Tadzhikistan), officially the Republic of Tajikistan ( tg, Ҷумҳурии Тоҷикистон, Jumhurii Tojikiston), is a landlocked country in Centr ...
between 10 May 1995 and 29 October 2000.
It was ostensibly subdivided into 100 ''
tanga'', although no coins or banknotes were issued denominated in tanga. The currency was only issued as paper money, with denominations to up to 10,000 rubles.
History
Like a number of other republics of the former
Soviet Union
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, it was nominally a federal union of fifteen nationa ...
, Tajikistan continued using the
Soviet
The Soviet Union,. officially the Union of Soviet Socialist Republics. (USSR),. was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 to 1991. A flagship communist state, ...
and
Russian ruble
''hum''; cv, тенкĕ ''tenke''; kv, шайт ''shayt''; Lak: къуруш ''k'urush''; Mari: теҥге ''tenge''; os, сом ''som''; tt-Cyrl, сум ''sum''; udm, манет ''manet''; sah, солкуобай ''solkuobay''
, name_ab ...
s for a few years after independence. On 26 July 1993, when the new Russian ruble was issued, old Soviet rubles ceased to be legal tender in Russia.
[The Global History of Currencies - Russia]
In Tajikistan, pre-1993 Soviet rubles ceased to be legal tender on 8 January 1994.
/ref> On 10 May 1995, the Russian ruble was replaced by the Tajikistani ruble at a rate of 100:1.
Among the republics of the former Soviet Union, Tajikistan was the last to issue its own currency. Transnistria
Transnistria, officially the Pridnestrovian Moldavian Republic (PMR), is an unrecognised breakaway state that is internationally recognised as a part of Moldova. Transnistria controls most of the narrow strip of land between the Dniester riv ...
, an unrecognized state, issued its own ruble
The ruble (American English) or rouble (Commonwealth English) (; rus, рубль, p=rublʲ) is the currency unit of Belarus and Russia. Historically, it was the currency of the Russian Empire and of the Soviet Union.
, currencies named ''rub ...
before Tajikistan did. The reason for this was largely lack of funds and resources, with Tajikistan being the poorest of the former Soviet republics and absorbing its share of the former union's economic collapse. This was compounded further by the disorganization caused by the civil war in Tajikistan
The Tajikistani Civil War ( tg, Ҷанги шаҳрвандии Тоҷикистон, translit=Jangi shahrvandiyi Tojikiston / Çangi shahrvandiji Toçikiston; russian: Гражданская война в Таджикистане), also known ...
.
By the end of the decade, rampant inflation caused by economic problems had essentially destroyed the Tajikistani ruble, and plans to replace it with a new currency were drawn up in 1999.
On 30 October 2000, the somoni was introduced and replaced the ruble with 1 somoni equal to 1,000 rubles.
Coin
Only one commemorative coin was issued for the Tajikistani ruble. These were aimed for the collectors market and were never intended for use in circulation.
Banknotes
The Tajikistani ruble banknotes have a striking similarity to the 1961, 1991 and 1992 banknote series of the Soviet/Russian ruble, with similar size, colour scheme, positioning of objects and the font. The colour schemes can be traced back to the later issues of the Russian Empire
The Russian Empire was an empire and the final period of the Russian monarchy from 1721 to 1917, ruling across large parts of Eurasia. It succeeded the Tsardom of Russia following the Treaty of Nystad, which ended the Great Northern War ...
. Many of the old printing templates used for the production of Soviet ruble notes were reused on Tajikistan's notes. This is because the Tajikistani ruble was printed under the direction of Goznak
Joint Stock Company "Goznak" (short for ''Государственный знак'', or State Insignia) is a Russian joint-stock company responsible for research and development as well as manufacturing security products including banknotes, coin ...
, the official Russian agency responsible for the production of banknotes and coins.
Historical exchange rates
See also
* Economy of Tajikistan
The economy of Tajikistan is dependent upon agriculture and services. Since independence, Tajikistan has gradually followed the path of transition economy, reforming its economic policies. With foreign revenue precariously dependent upon exports o ...
References
*
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{{Ruble
Modern obsolete currencies
Economy of Tajikistan
1995 establishments in Tajikistan
2000 disestablishments in Tajikistan
Economic history of Tajikistan
1990s economic history
Currencies introduced in 1995