Tajikistani ruble

Tajikistani ruble
рубл (Tajik)
Denominations
Subunit
1/100 tanga
Banknotes
Freq. used 1, 5, 10, 20, 50, 100, 200, 500, 1000 rubles
Coins None
Demographics
User(s)  Tajikistan
Valuation
Inflation 33%
Source The 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 ruble note.

The rouble or ruble (Tajik: рубл) was the currency of Tajikistan between May 10, 1995 and October 29, 2000.[1] It was subdivided into 100 tanga, although no coins or banknotes were issued denominated in tanga.

History

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

Among the republics of the former Soviet Union, Tajikistan was the last to issue its own currency. Transnistria, an unrecognized state, issued its own ruble 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.

By the end of the decade, rampant inflation caused by the economic problems had essentially destroyed the Tajikistani ruble, and plans to replace it with a new currency were drawn up in 1999.

On October 30, 2000, the somoni were introduced and replaced the ruble with 1 somoni equal to 1000 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.

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

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. Many of the old printing templates used for the production of Soviet notes were used on Tajikistan's notes. This is because the Tajikistani ruble was printed under the direction of Goznak, the official Russian agency responsible for the production of banknotes and coins. Some of the old printing templates used for Soviet notes were used on Tajikistan notes.

The banknote series
Image Value Dimensions Main Colour Description Date of
Obverse Reverse Obverse Reverse Watermark printing issue
1 ruble 102 × 55 mm Brown Coat of arms and patterns Flag of Tajikistan over Supreme Assembly (Majlisi Olii) Multi-star pattern 1994 1995
5 rubles Blue
10 rubles Red
20 rubles Lilac
50 rubles Green
100 rubles 121 × 60 mm Brown
200 rubles Olive-green and pale violet
500 rubles Dark pink
1000 rubles 143 × 71 mm Brown and purple 1999
5000 rubles ? Blue Never
10 000 rubles ? Orange
For table standards, see the banknote specification table.

Historical exchange rates

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

See also

References

  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
  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". Archived from the original on 2001-03-31. Retrieved 2008-01-26.

External links

Preceded by:
Russian ruble
Reason: independence and inflation
Ratio: 1 Tajikistani ruble = 100 Russian rubles
Currency of Tajikistan
1995 2000
Succeeded by:
Tajikistani somoni
Reason: inflation
Ratio: 1 somoni = 1,000 rubles
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