Tajikistani ruble

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.

Tajikistani ruble
рубл (in Tajik)
ISO 4217
CodeTJR
Denominations
Subunit
1/100tanga
Banknotes
Freq. used1, 5, 10, 20, 50, 100, 200, 500, 1000 rubles
CoinsNone
Demographics
User(s) Tajikistan
Valuation
Inflation33%
SourceThe World Factbook, 2000 est.
This infobox shows the latest status before this currency was rendered obsolete.

History

Like a number of other republics of the former Soviet Union, Tajikistan continued using the Soviet and Russian rubles for a few years after independence. On July 26, 1993, when the new Russian ruble was issued, old Soviet rubles ceased to be legal tender in Russia.[2] In Tajikistan, pre-1993 Soviet 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
ValueTechnical parametersDescriptionDate of minting
DiameterMassCompositionEdgeObverseReverse
20 rubles35.1 mm20 g900‰ silverReededIsmail SamaniRoyal device1999
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 ruble 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
ImageValueDimensionsMain ColourDescriptionDate of
ObverseReverseObverseReverseWatermarkprintingissue
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 rublesBlue
10 rublesRed
20 rublesLilac
50 rublesGreen
100 rubles121 × 60 mmBrown
200 rublesOlive-green and pale violet
500 rublesDark pink
1000 rubles143 × 71 mmBrown and purple1999
5000 rubles?BlueNever
10 000 rubles?Orange
For table standards, see the banknote specification table.

Historical exchange rates

YearTJR per USD[4][5]
1995104
1996292
1997559
1998781
19991237
20001550

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