Tajikistani Somoni in Chinese Yuan Renminbi

TJS Tajikistani Somoni

Country of application:
Tajikistan

Coin denominations in circulation:
1, 2, 5, 10, 20, 50 dirams, 1, 3 and 5 somoni.

Denominations of banknotes in circulation:
1, 3, 5, 10, 20, 50, 100, 200, 500 somoni.

History reference:
The Tajik somoni has been the national currency and money of the Republic of Tajikistan since 2000, which has replaced the Tajik ruble. The money of Tajikistan is named after the founder of the first... state in the 9th century, Ismail Samani. After the overthrow of Soviet power, the Soviet ruble was still used as the official currency of Tajikistan on the territory of the newly-made Tajik state. The government of the country decided that it was necessary to develop its own monetary unit, and on May 10, 1995, the Tajik ruble, which was developed on the basis of the Soviet one, was put into circulation. The coins of this issue were minted at the St. Petersburg Mint. On the coins of 2006, in comparison with the coins of 2001, there is an enlarged image of the denomination. In 2018, redesigned coins of 1, 3 and 5 somoni were minted at the Kazakh Mint.

CNY Chinese Yuan Renminbi

Country of application:
PRC

Coin denominations in circulation:
1 yuan, 5, 2 and 1 jiao.

Denominations of banknotes in circulation:
100, 50, 20, 10, 5, 2 (rare) and 1 yuan, as well as 5, 2 and 1 jiao.

History reference:
The Chinese Yuan is the official currency of the Peoples Republic of China. Until the beginning of the 20th century, in China, for large-scale settlements, they used silver ingots - lyans. Small purc...hases were made using bronze round coins with a square hole in the center - qian, which Europeans call "keshi". Silver yuan began to be made in 1835. The use of silver coins and silver liang was banned in China in 1935. Instead, a boom in paper money began to grow - fabi. A certain easing in monetary policy occurred only in 2005, when the Chinese authorities carried out a revaluation of the yuan, raising its value by 2%. By 2008, the yuan appreciated by more than 20% to 6.82 yuan per US dollar. Nevertheless, even today, the PRC continues to enjoy certain foreign trade advantages, which are based on the undervalued exchange rate of the national currency.