About the Tajikistani Somoni
The Somoni was introduced in 2000, replacing the Tajikistani Ruble at a rate of 1 Somoni = 1000 Rubles. This redenomination was part of post-civil war economic reforms.
The currency is named after Ismail Samani, the founder of the Samanid state, a Tajik national hero. 'Diram' is derived from the Greek 'drachma'.
Interesting Facts
Named After a National Hero
The Somoni is named after Ismail Samani, a 9th-century ruler and the founder of the Samanid Empire, a Golden Age in Central Asian history.
Remittances from Russia
Tajikistan's economy, and the Somoni's stability, is heavily reliant on remittances sent home by Tajik migrant workers in Russia.
Cotton and Aluminum
The main exports of Tajikistan are aluminum and cotton. The prices of these commodities significantly impact the value of the Somoni.
Historical Timeline
Tajikistan gains independence from the Soviet Union.
Tajik Civil War.
The Tajikistani Ruble replaces the Russian Ruble.
The Somoni is introduced.
Denominations
Banknotes
Coins
Security Features
Quick Facts
- ISO Code
- TJS
- Symbol
- SM
- Numeric Code
- 972
- Subunit
- Diram (1/100)
- Introduced
- 2000-10-30
Central Bank
- Name
- National Bank of Tajikistan
- Headquarters
- Dushanbe, Tajikistan
- Founded
- 1991
- Current Governor
- Firdavs Tolibzoda (since 2023)
Economic Data
- Reserve Currency Share
- 0.0%
- Forex Volume Share
- 0.0%
- Inflation Rate
- 3.5%
- Interest Rate
- 8.00%
Exchange Rates
What Affects the TJS Exchange Rate?
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