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The somoni ( tg, cомонӣ,
ISO 4217 ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual cu ...
code: TJS; abbreviation:SM) is the currency of
Tajikistan Tajikistan (, ; tg, Тоҷикистон, Tojikiston; russian: Таджикистан, Tadzhikistan), officially the Republic of Tajikistan ( tg, Ҷумҳурии Тоҷикистон, Jumhurii Tojikiston), is a landlocked country in Centr ...
. It is subdivided into 100 dirams ( tg, дирам).


History

The somoni was introduced on 30 October 2000, replacing the
rouble The ruble (American English) or rouble (Commonwealth English) (; rus, рубль, p=rublʲ) is the currency unit of Belarus and Russia. Historically, it was the currency of the Russian Empire and of the Soviet Union. , currencies named ''rub ...
, at the rate of SM 1 = 1,000 Rbls. One somoni is divided into 100 dirams. Diram banknotes were first introduced on 30 October 2000, and coins were later introduced 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 used in Tajikistan since independence in 1991.


Coins

Circulation coins, first issued in 2001, were struck in denominations of 5, 10, 20, 25, and 50 dirams composed of brass-clad steel and SM 1, SM 3, and SM 5 struck in nickel-clad steel. Bimetallic SM 3 and SM 5 coins were first released in 2003. The reverses of all somoni coins are changed annually and commemorate various events. A second issue dated 2011 was issued in June 2012, and included 1, 2, 5, 10, 20, and 50 dirams and SM 1. A third series of somoni coins was issued in 2018 in denominations of SM 1, SM 3 and SM 5. Tajikistan coins are struck by
Goznak Joint Stock Company "Goznak" (short for ''Государственный знак'', or State Insignia) is a Russian joint-stock company responsible for research and development as well as manufacturing security products including banknotes, coin ...
at the
Saint Petersburg Mint Saint Petersburg Mint (russian: Санкт-Петербу́ргский моне́тный двор) is one of the world's largest mints. It was founded by Peter the Great in 1724 on the territory of Peter and Paul Fortress, so it is one of the ...
in Russia.


Remarks

# "ҷумҳурии Тоҷикистон" = "Republic of Tajikistan" #''Standard Catalog of World Coins: 1901–present, 31st ed.'' states that the composition for SM 1, SM 3, and SM 5 is
cupronickel Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimu ...
-
zinc Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodi ...
, while the Central Bank states
cupronickel Cupronickel or copper-nickel (CuNi) is an alloy of copper that contains nickel and strengthening elements, such as iron and manganese. The copper content typically varies from 60 to 90 percent. (Monel is a nickel-copper alloy that contains a minimu ...
. # "Рӯдакӣ" = "Rudaki"


Third series (2018)

A third series of somoni coins was issued in 2018 in denominations of SM 1, SM 3 and SM 5.


Banknotes

Banknotes of 1, 5, 20, and 50 dirams, SM 1, SM 5, SM 10, SM 20, SM 50, and SM 100 were printed in 1999 and issued in 2000. Along with a SM 3 note in 2010, inflationary pressure since the introduction of the somoni resulted in the issuing of SM 200 and SM 500 somoni notes that year. The SM 5, SM 10, SM 20, SM 50, and SM 100 somoni notes were reissued in 2013, bearing the year 1999. In 2021, the National Bank of Tajikistan issued a SM 100 banknote, similar to the original issue, but now featuring an image of the Navruz Palace on the back side of the note, replacing the image of the Presidential Palace on the previous issues of the denomination.


See also

*
Economy of Tajikistan The economy of Tajikistan is dependent upon agriculture and services. Since independence, Tajikistan has gradually followed the path of transition economy, reforming its economic policies. With foreign revenue precariously dependent upon exports o ...


References

Notes Sources * *


External links

* {{Portal bar, Asia, Money, Numismatics, Tajikistan Currencies introduced in 2000 Economy of Tajikistan 2000 establishments in Tajikistan