Tajikistani Somoni
Сомонӣ
Currency Code
TJS
ISO 972
Symbol
TJS
Native: SM
Decimal Digits
2
Rounding: 0
Countries
TJ
Using this currency
Currency Units
Major Unit
Name: somoni
Symbol: SM
Minor Unit
Name: diram
Symbol:
Value: 0.01
Banknotes
Frequently Used
SM1SM3SM5SM10SM20SM50SM100
Coins
Frequently Used
5 diram10 diram20 diram25 diram50 diramSM1SM3SM5
Rarely Used
1 diram2 diram
Plural Forms
English Plural
Tajikistani somonis
Native Plural
Сомонӣ
Overview
The Tajikistani Somoni is the currency of Tajikistan, managed by the National Bank of Tajikistan. The economy is heavily dependent on remittances from migrant workers and faces challenges from regional instability.
Economy
- Tajikistan is a member of CIS, CSTO, SCO, ECO, OSCE.
- Main industries include: Aluminum, Cement, Vegetable oil, Metal-cutting machine tools, Refrigerators, Shoes, Textiles.
- Tajikistan is part of the World Trade Organization.
- Imports are petroleum products, aluminum oxide, machinery, equipment, foodstuffs.
- Major exports include aluminum, electricity, cotton, fruits, vegetable oil, textiles.
- GDP: $10.5 billion (2023 est.).
- GDP per capita: $1,037 (2023 est.).
- Unemployment rate: 7% (2017 est.).
- Inflation rate: 3.6% (2023 est.).
- Main trading partners: Turkey, China, Russia, Kazakhstan, Afghanistan, Iran.
- Trade agreements: CIS free trade agreements, Various bilateral agreements.
History
- Previous currencies used: Tajikistani ruble, Soviet ruble, Russian ruble.
- The somoni was introduced in 2000, replacing the Tajikistani ruble. It was named after Ismoil Somoni, founder of the Samanid dynasty.
- 1995: Tajikistani ruble introduced
- 2000: Somoni introduced, replacing ruble at 1000:1
- 2008: Global financial crisis impact
- 2014-2015: Russian economic crisis affects remittances
- 2020: COVID-19 pandemic impact on labor migration
- Exchange rate peg: Managed float with interventions.
General Information
- ISO 4217 Code: TJS
- Symbols: TJS/ЅМ
- Currency Subunits: 100 diram
- Central Bank: National Bank of Tajikistan
- Monetary Policy: Managed floating exchange rate with interventions. Focus on maintaining stability despite external pressures and remittance dependence.
- Bills: 1 TJS, 3 TJS, 5 TJS, 10 TJS, 20 TJS, 50 TJS, 100 TJS, 200 TJS, 500 TJS
- Coins: 5 diram, 10 diram, 20 diram, 25 diram, 50 diram, 1 somoni, 3 somoni, 5 somoni
- USD Exchange Rate: Variable (approximately 10.9 TJS per USD)
- Pegged To: None (Floating)
- Capital: Dushanbe
- Population: 9,750,065 (2023 est.)
- Area: 143,100 km²
- Languages: Tajik (official), Russian (widely used in government and business), Uzbek
- Time Zones: UTC+5 (Tajikistan Time)
- Government Type: Presidential republic
- Head of Government: President (head of state and government)
- Independence: September 9, 1991 (from Soviet Union)
- Ethnic Groups: Tajik 84.3%, Uzbek 13.8%, Other 2%
- Religions: Sunni Muslim 85%, Shia Muslim 5%, Other 10%
- Literacy Rate: 99.8% (2015 est.)
- Transport: Dushanbe Airport, limited road network, mountainous terrain challenges, cross-border connections
- Communications: Basic telecommunications, 22% internet penetration, mobile network coverage
- Energy: Hydroelectric 98%, Thermal 2%
- Countries Using This Currency: Tajikistan
- Data Sources: Central Bank: National Bank of Tajikistan (nbt.tj), Economic Data: Agency on Statistics under President of Tajikistan, World Bank, IMF, Trade Data: Customs Service of Tajikistan, Demographic Data: Agency on Statistics under President of Tajikistan, Geographic Data: Tajik Hydrometeorological Service, Historical Data: National Bank of Tajikistan archives
- Last Updated: 2025