Tajikistani ruble

Tajikistani ruble
рубл (in 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.

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

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. In Tajikistan, pre-1993 Russian rubles ceased to be legal tender on 8 January 1994. 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.

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 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.