The currency of Tajikistan

The currency of Tajikistan is the Somoni (TJS).

Here’s some detailed information:

1. Symbol and Code:
   • The currency symbol is Ѕ or TJS (sometimes written as TJS for the abbreviation).
   • The ISO currency code is TJS.
2. History:
   • The Somoni was introduced in 2000, replacing the Tajikistani ruble, which had been in use after Tajikistan gained independence from the Soviet Union in 1991.
   • The currency is named after Ismail Samani, the founder of the Samanid Empire, which is an important historical dynasty in Central Asia.
3. Banknotes and Coins:
   • Banknotes: The Somoni comes in denominations of 1, 5, 10, 20, 50, 100, 200, 500, and 1000 Somoni.
   • Coins: There are also coins in denominations of 1, 3, 5, 10, 20, and 50 dirams, as well as 1 and 3 Somoni.
4. Exchange Rate:
   • The exchange rate of the Somoni varies against other currencies, but as of recent data, 1 USD is typically around 11.5 to 12.5 Somoni. However, this rate can fluctuate based on economic conditions.
5. Central Bank:
   • The National Bank of Tajikistan (NBT) is responsible for issuing the currency and managing monetary policy.

The Somoni is the primary medium for all official transactions in Tajikistan, and while the country is becoming more integrated into international trade, cash remains a dominant form of payment.