Tajikistani somoni

Tajikistani somoni
Сомонӣ (Tajik)
5 somoni obverse and reverse.
ISO 4217
Code	TJS
Denominations
Subunit
1/100	diram
Plural	somoni
diram	diram
Banknotes	1, 5, 20, 50 diram, 1, 3, 5, 10, 20, 50, 100, 200, 500 somoni
Coins	1, 2, 5, 10, 20, 25, 50 diram, 1, 3, 5 somoni
Demographics
User(s)	Tajikistan
Issuance
Central bank	National Bank of Tajikistan
Website	www.nbt.tj
Valuation
Inflation	6%
Source	The World Factbook, 2012 est.

The somoni (Tajik: cомонӣ, ISO 4217 code: TJS) is the currency of Tajikistan. It is subdivided into 100 diram (Tajik: дирам). The currency is named after the father of the Tajik nation, Ismail Samani (also spelled Ismoil Somoni).

The somoni was introduced on 30 October 2000; it replaced the Tajikistani ruble, at the rate of 1 somoni = 1000 rubles.

The currency is divided into 100 diram for one somoni. Diram banknotes were first introduced on 30 October 2000 to start the currency off and coins were introduced later in 2001 with the intention of creating a more efficient monetary system and gradually replacing the diram notes. This was also the first time circulating coins were introduced in Tajikistan.

Circulation coins, first issued in 2001 were struck in denominations of 5, 10, 20, 25, 50 diram composed of brass clad steel and 1, 3, and 5 somoni in nickel clad steel. Bimetallic 3 and 5 somoni coins were first released in 2003. The reverse of all somoni coins are changed annually and commemorate various events. A second issue dated 2011 was issued in June 2012, and included 5, 10, 20, 50 dirams and 1 somoni.

Tajikistan coins are struck by Goznak at the Saint Petersburg Mint in Russia.

Note: These rates could be substantially different from the rates the central bank publishes

Somoni is the second-highest-valued currency unit in Central Asia ( behind Turkmenistan manat ).

Notes

Sources