National currency is one of the important symbols of sovereignty and independence

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October 30th, 2000 marks a pivotal moment in Tajikistan's recent history as it was on this date that the somoni, the nation's currency, was launched. This year, the somoni celebrates its 24th anniversary.

The introduction of a national currency is a significant achievement attributed to Founder of Peace and National Unity - Leader of the Nation, President of the Republic of Tajikistan, Honorable Emomali Rahmon. Under his direction, the Tajik ruble was first issued for public use on May 10, 1995, following a decision by the Republic of Tajikistan's State Commission. This marked a pivotal moment in the country's banking history.  

In response to evolving economic and social conditions, the Founder of National Peace and Unity spearheaded a Working Group focused on establishing a new national currency. On October 26, 2000, President Emomali Rahmon issued a decree mandating the introduction of the "Somoni" as the official currency of Tajikistan, thereby enhancing the nation's monetary system.

This Decree establishes the somoni as the official currency of the Republic of Tajikistan, effective October 30, 2000. It designates the somoni as the sole legal tender for all transactions within the country.

The banknotes issued by the Republic of Tajikistan feature prominent individuals from both Tajik history and the contemporary era. Additionally, they showcase Tajikistan's significant architectural and historical landmarks, along with examples of Tajik artistry and traditional craftsmanship.

The national currency currently in use encompasses both banknotes and coins. Banknotes are issued in denominations of 1, 5, 10, 20, 50, 100, 200, and 500 somoni. Coinage circulates in denominations of 1, 3, and 5 somoni, as well as 5, 10, 20, 25, and 50 dirams.

The introduction of the national currency played an important role in ensuring and strengthening the country's independence, laid the foundation for the organization of the monetary system and the actual implementation of the economic reform program.

The somoni, the national currency of the Republic of Tajikistan, plays a crucial role as a symbol of national sovereignty and a dependable tool for economic stability across all sectors.

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30.10.2024