The ruble () was the currency of

Tajikistan Tajikistan, officially the Republic of Tajikistan, is a landlocked country in Central Asia. Dushanbe is the capital city, capital and most populous city. Tajikistan borders Afghanistan to the Afghanistan–Tajikistan border, south, Uzbekistan to ...

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 Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet ...

, Tajikistan continued using the

Soviet The Union of Soviet Socialist Republics. (USSR), commonly known as the Soviet Union, was a List of former transcontinental countries#Since 1700, transcontinental country that spanned much of Eurasia from 1922 until Dissolution of the Soviet ...

and

Russian ruble The ruble or rouble (; Currency symbol, symbol: ₽; ISO 4217, ISO code: RUB) is the currency of the Russia, Russian Federation. Banknotes and coins are issued by the Central Bank of Russia, which is Russia's central bank, monetary authority ind ...

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. 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 known as the Pridnestrovian Moldavian Republic and locally as Pridnestrovie, is a Landlocked country, landlocked Transnistria conflict#International recognition of Transnistria, breakaway state internationally recogn ...

, an unrecognized state, issued its own

ruble The ruble or rouble (; rus, рубль, p=rublʲ) is a currency unit. Currently, currencies named ''ruble'' in circulation include the Russian ruble (RUB, ₽) in Russia and the Belarusian ruble (BYN, Rbl) in Belarus. These currencies are s ...

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,, group=pron also known as the Tajik Civil War, began in May 1992 and ended in June 1997. Regional groups from the Garm and Gorno-Badakhshan regions of Tajikistan rose up against the newly formed government of Preside ...

. 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 that spanned most of northern Eurasia from its establishment in November 1721 until the proclamation of the Russian Republic in September 1917. At its height in the late 19th century, it covered about , roughl ...

. 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 , ) is a Russian joint-stock company responsible for research and development as well as manufacturing security products including banknotes, coins, stamps, identity cards, secure documents, state orde ...

, the official Russian agency responsible for the production of banknotes and coins.

Historical exchange rates

References

* * {{Ruble Modern obsolete currencies Economy of Tajikistan 1995 establishments in Tajikistan 2000 disestablishments in Tajikistan Economic history of Tajikistan 1990s in economic history Currencies introduced in 1995

History

Coin

Banknotes

Historical exchange rates

See also

References