The ruble (Tajik: рубл, romanized: Rubl) 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 rubles.
| рубл (Tajik) | |
|---|---|
| ISO 4217 | |
| Code | TJR |
| Denominations | |
| Subunit | |
| 1⁄100 | tanga |
| Banknotes | |
| Freq. used | 1, 5, 10, 20, 50, 100, 200, 500, 1,000, 5,000, 10,000 rubles |
| Demographics | |
| Date of introduction | 10 May 1995 |
| Replaced | Soviet ruble |
| Date of withdrawal | 29 October 2000 |
| Replaced by | Tajikistani somoni |
| User(s) |  Tajikistan |
| Valuation | |
| Inflation | 33% |
| Source | The World Factbook, 2000 est. |
| This infobox shows the latest status before this currency was rendered obsolete. | |
History
editLike 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 26 July 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 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, 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[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 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
editOnly 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
editThe 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 reused 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.
| 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 | ||||||
|
|
1,000 rubles | 143 × 71 mm | Brown and purple | 1999 | ||||
|
|
5,000 rubles | Blue | Never | |||||
|
|
10,000 rubles | Orange | ||||||
| For table standards, see the banknote specification table. | |||||||||
Historical exchange rates
edit| Year | TJR per USD[4][5] |
|---|---|
| 1995 | 104 |
| 1996 | 292 |
| 1997 | 559 |
| 1998 | 781 |
| 1999 | 1237 |
| 2000 | 1550 |
See also
edit
References
edit- ^ National Bank of Tajikistan. "Banknotes and coins". Archived from the original on April 29, 2007. Retrieved 2007-05-19.
- ^ The Global History of Currencies - Russia Archived 2007-01-04 at the Wayback Machine
- ^ Tables of modern monetary history: Asia
- ^ Профцентры Восточной Европы и Центральной Азии. "Справочник - Таджикистан". Retrieved 2008-01-26.
- ^ Central Intelligence Agency. "CIA World Factbook". Retrieved 2008-01-26.
- Krause, Chester L.; Clifford Mishler (2003). 2004 Standard Catalog of World Coins: 1901–Present. Colin R. Bruce II (senior editor) (31st ed.). Krause Publications. ISBN 0873495934.
- Cuhaj, George S. (editor) (2005). Standard Catalog of World Paper Money: Modern Issues 1961-Date (11th ed.). Krause Publications. ISBN 0-89689-160-7.
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| 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 |