Tajikistani ruble

The rouble (Commonwealth English) or ruble (American English) (Tajik: рубл) was the currency of Tajikistan between 10 May 1995 and 29 October 2000.[1] 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 roubles.

Tajikistani rouble
рубл (in Tajik)
ISO 4217
CodeTJR
Denominations
Subunit
1100tanga
Banknotes
 Freq. used1, 5, 10, 20, 50, 100, 200, 500, 1,000, 5,000, 10,000 roubles
Demographics
Date of introduction10 May 1995
ReplacedSoviet rouble
Date of withdrawal29 October 2000
Replaced byTajikistani somoni
User(s) Tajikistan
Valuation
Inflation33%
 SourceThe World Factbook, 2000 est.
This infobox shows the latest status before this currency was rendered obsolete.
Text detail from the reverse of the 1 Tajikistani rouble note.

HistoryEdit

Like a number of other republics of the former Soviet Union, Tajikistan continued using the Soviet and Russian roubles for a few years after independence. On 26 July 1993, when the new Russian rouble was issued, old Soviet roubles ceased to be legal tender in Russia.[2] In Tajikistan, pre-1993 Soviet roubles ceased to be legal tender on 8 January 1994.[3] On 10 May 1995, the Russian rouble was replaced by the Tajikistani rouble at a rate of 100:1.

Among the republics of the former Soviet Union, Tajikistan was the last to issue its own currency. Transnistria, an unrecognized state, issued its own rouble 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[clarification needed] of the former union's economic collapse. This was compounded further by the disorganization caused by the civil war in Tajikistan.

By the end of the decade, rampant inflation caused by economic problems had essentially destroyed the Tajikistani rouble, 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 rouble with 1 somoni equal to 1,000 roubles.

CoinEdit

Only one commemorative coin was issued for the Tajikistani rouble. These were aimed for the collectors market and were never intended for use in circulation.

The commemorative Tajikistani rouble coin
Value Technical parameters Description Date of minting
Diameter Mass Composition Edge Obverse Reverse
20 roubles 35.1 mm 20 g 900‰ silver Reeded Ismail Samani Royal device 1999
For table standards, see the coin specification table.

BanknotesEdit

The Tajikistani rouble banknotes have a striking similarity to the 1961, 1991 and 1992 banknote series of the Soviet/Russian rouble, 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. Many of the old printing templates used for the production of Soviet rouble notes were reused on Tajikistan's notes. This is because the Tajikistani rouble was printed under the direction of Goznak, the official Russian agency responsible for the production of banknotes and coins.

The banknote series
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse Watermark printing issue
    1 rouble 102 × 55 mm Brown Coat of arms and patterns Flag of Tajikistan over Supreme Assembly (Majlisi Olii) Multi-star pattern 1994 1995
    5 roubles Blue
    10 roubles Red
    20 roubles Lilac
    50 roubles Green
    100 roubles 121 × 60 mm Brown
    200 roubles Olive-green and pale violet
    500 roubles Dark pink
    1,000 roubles 143 × 71 mm Brown and purple 1999
    5,000 roubles Blue Never
    10,000 roubles Orange
For table standards, see the banknote specification table.

Historical exchange ratesEdit

Year TJR per USD[4][5]
1995 104
1996 292
1997 559
1998 781
1999 1237
2000 1550

See alsoEdit

ReferencesEdit

  1. ^ National Bank of Tajikistan. "Banknotes and coins". Archived from the original on April 29, 2007. Retrieved 2007-05-19.
  2. ^ The Global History of Currencies - Russia Archived 2007-01-04 at the Wayback Machine
  3. ^ Tables of modern monetary history: Asia
  4. ^ Профцентры Восточной Европы и Центральной Азии. "Справочник - Таджикистан". Retrieved 2008-01-26.
  5. ^ Central Intelligence Agency. "CIA World Factbook". Retrieved 2008-01-26.
Preceded by:
Russian rouble
Reason: independence and inflation
Ratio: 1 Tajikistani rouble = 100 Russian roubles
Currency of Tajikistan
1995 – 2000
Succeeded by:
Tajikistani somoni
Reason: inflation
Ratio: SM 1 = 1,000 Rbls