Uzbekistani Som flag

Uzbekistani Som

Сўм

Currency Code

UZS

ISO 860

Symbol

UZS

Native: сум

Decimal Digits

2

Rounding: 0

Countries

UZ

Using this currency

Currency Units

Major Unit

Name: som

Symbol: сум

Minor Unit

Name: tiyin

Symbol:

Value: 0.01

Banknotes

Frequently Used

сум1000сум5000сум10000сум20000сум50000сум100000

Rarely Used

сум100сум200сум500

Coins

Frequently Used

сум50сум100сум200сум500сум1000

Plural Forms

English Plural

Uzbekistani soms

Native Plural

Сўм

Overview

The Uzbekistani Som is the currency of Uzbekistan, managed by the Central Bank of Uzbekistan. It has undergone significant reforms in recent years as part of broader economic liberalization efforts.

Economy

  • Uzbekistan is a member of SCO, CIS, OIC, ECO.
  • Main industries include: Textiles, Food processing, Machine building, Metallurgy, Mining, Hydrocarbon extraction, Chemicals.
  • Uzbekistan is part of the World Trade Organization.
  • Imports are machinery, equipment, chemicals, metals, foodstuffs.
  • Major exports include energy products, cotton, gold, mineral fertilizers, ferrous metals, textiles, food products, machinery, automobiles.
  • GDP: $80.3 billion (2023 est.).
  • GDP per capita: $2,255 (2023 est.).
  • Unemployment rate: 9% (2017 est.).
  • Inflation rate: 11.4% (2023 est.).
  • Main trading partners: China, Russia, Turkey, Kazakhstan, South Korea, Germany.
  • Trade agreements: CIS agreements, Various bilateral agreements.

History

  • Previous currencies used: Soviet ruble, Russian ruble.
  • The som was introduced in 1994, replacing the Soviet ruble. Major exchange rate reforms were implemented in 2017 as part of economic liberalization.
  • 1994: UZS introduced, replacing Soviet ruble
  • 2003: Currency reform and redenomination
  • 2017: Major liberalization and unification of exchange rates
  • 2019: Further economic reforms under new leadership
  • Exchange rate peg: Managed float with gradual liberalization.

General Information

  • ISO 4217 Code: UZS
  • Symbols: UZS/лв
  • Currency Subunits: 100 tiyin
  • Central Bank: Central Bank of Uzbekistan
  • Monetary Policy: Managed floating exchange rate with ongoing liberalization. Focus on supporting economic reforms while maintaining stability.
  • Bills: 1000 UZS, 2000 UZS, 5000 UZS, 10000 UZS, 50000 UZS, 100000 UZS, 200000 UZS
  • Coins: 25 som, 50 som, 100 som, 200 som, 500 som
  • USD Exchange Rate: Variable (approximately 12,300-12,500 UZS per USD)
  • Pegged To: None (Floating)
  • Capital: Tashkent
  • Population: 35,648,100 (2023 est.)
  • Area: 447,400 km²
  • Languages: Uzbek (official), Russian, Tajik
  • Time Zones: UTC+5 (Uzbekistan Time)
  • Government Type: Presidential republic
  • Head of Government: President (head of state and government)
  • Independence: September 1, 1991 (from Soviet Union)
  • Ethnic Groups: Uzbek 83.8%, Tajik 4.8%, Kazakh 2.5%, Russian 2.3%, Karakalpak 2.2%, Tatar 1.5%, Other 2.9%
  • Religions: Muslim 88%, Eastern Orthodox 9%, Other 3%
  • Literacy Rate: 100% (2019 est.)
  • Transport: Tashkent International Airport, road networks, railway system, limited access to sea
  • Communications: Expanding telecommunications, 76% internet penetration, growing mobile coverage
  • Energy: Natural gas 85%, Hydroelectric 12%, Oil 2%, Other 1%
  • Countries Using This Currency: Uzbekistan
  • Data Sources: Central Bank: Central Bank of Uzbekistan (cbu.uz), Economic Data: State Committee on Statistics Uzbekistan, World Bank, IMF, Trade Data: State Customs Committee, Demographic Data: State Committee on Statistics Uzbekistan, Geographic Data: Uzhydromet, Historical Data: Central Bank of Uzbekistan archives
  • Last Updated: 2025