Uzbekistani som

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Uzbekistani som
O‘zbek so‘m (Latin Uzbek)
Ўзбек сўм (Cyrillic Uzbek)
25 som
25 som
ISO 4217 Code UZS
User(s) Uzbekistan
Inflation 6.9%
Source The World Factbook, 2005 est.
Subunit
1/100 tiyin
Plural som
tiyin tiyin
Coins 1, 5, 10, 25, 50 som
Banknotes 1, 3, 5, 10, 25, 50, 100, 200, 500, 1000 som
Central bank Central Bank of Republic of Uzbekistan
Website www.cbu.uz

The som (Uzbek: so‘m in Latin script, сўм in Cyrillic script) is the currency of Uzbekistan in Central Asia. The ISO 4217 currency code is UZS.

For earlier currencies used in Uzbekistan, see Bukharan tenga, Kokand tenga and Khwarazmi tenga.

Contents

[edit] Etymology

In the Soviet Union, speakers of Kazakh, Kyrgyz and Uzbek called the ruble the som, and this name appeared written on the back of banknotes. The word som (sometimes transliterated "sum" or "soum") means "pure" in Kazakh, Kyrgyz, Uyghur and Uzbek, as well as in many other Turkic languages. The word implies "pure gold"

[edit] First Som

Like other republics of the former Soviet Union, Uzbekistan continued using Soviet/Russian ruble after independence. On July 26, 1993, a new series of Russian ruble was issued and old Soviet/Russian ruble ceased to be legal tender in Russia [1] [2]. Some successor states had their national currencies before the change, some chose to continue using the pre-1993 Soviet/Russian ruble, and some chose to use both the pre-1993 and the new Russian ruble. Tables of modern monetary history: Asia[3] implies that both old and new rubles were used in Uzbekistan.

Uzbekistan replaced the ruble with som at par in on November 15, 1993 [3]. No subdivisions of this som were issued and only banknotes were produced, in denominations of 1, 3, 5, 10, 25, 50, 100, 200, 500, 1000, 5000, and 10000 som. Because it was meant to be a transitional currency, the design was rather simplistic. All notes had the Coat of arms on obverse, and an Islamic architecture on reverse. They only differ in color and value.

[edit] Second Som

On July 1, 1994[3], a second som was introduced at a rate of 1 new som = 1000 old som. This som is subdivided into 100 tiyin. At its introduction, 1 U.S. dollar was equal to 7 som.

[edit] Coins

2 series of coins have been issued for the second som. They can be easily distinguished by the script used for Uzbek. The first series was written in Cyrillic script, while the second series is written in Latin script.

First Series
Image Value Composition Description Date of minting
Obverse Reverse Obverse Reverse
[1] [2] 1 tiyin Brass clad steel Coat of arms with 12 stars
State title
Value, year of minting 1994
[3] [4] 3 tiyin
[5] [6] 5 tiyin
[7] [8] 10 tiyin Nickel clad steel Coat of arms with 12 stars
State title
Value, year of minting 1994
[9] [10] 20 tiyin
[11] [12] 50 tiyin
[13] [14] 1 som 1997, 1999, 2000
[15] [16] 5 som 1997, 1999
[17] [18] 10 som 1997, 1999, 2000
For table standards, see the coin specification table.
Second Series
Image Value Technical parameters Description Date of minting
Diameter Mass Composition Edge Obverse Reverse
1 som 18.4 mm 2.83 g Nickel clad steel Reeded Coat of arms without stars
Bank title, year of minting
Value, map of Uzbekistan 2000, 2001
5 som 21.2 mm 3.35 g Brass clad steel Plain Coat of arms without stars
Bank title, year of minting
Value, map of Uzbekistan 2001
10 som 19.75 mm 2.71 g Nickel clad steel Plain Coat of arms without stars
Bank title, year of minting
Value, map of Uzbekistan 2001
25 som 27 mm Coat of arms without stars
State title, year of minting
Value, Jaloliddin Manguberdi 1999
50 som 26.1 mm 8 g Plain and reeded sections Coat of arms without stars
Bank title, year of minting
Value, map of Uzbekistan 20011
50 som 26.1 mm 7.9 g Value, statue and ruin of Shahrisabz 20022
These images are to scale at 2.5 pixels per millimetre, a standard for world coins. For table standards, see the coin specification table.

[edit] Note

  1. 10 year anniversary of independence
  2. 2700 year anniversary of the founding of Shahrisabz

[edit] Banknotes

1994 Series
Image Value Main Colour Description Date of printing
Obverse Reverse Obverse Reverse
[19] [20] 1 som Green and pink Coat of arms Alisher Navoi Opera and Ballet Theater 1994
[21] [22] 3 som Red Mosque of Çaçma Ayub Mazar in Bukhara
[23] [24] 5 som Blue and orange Coat of arms and Islamic pattern Ali Shir Nawai Monument in Tashkent
[25] [26] 10 som Purple Gur-e Amir in Samarkand
[27] [28] 25 som Blue and pink Mausoleum of Kazi Zade Rumi in Shah-i-Zinda
[29] [30] 50 som Brown Madrasahs in Registan
[31] [32] 100 som Purple Druzhba Narodov Palace in Tashkent
[33] [34] 200 som Green Coat of arms Mythological tiger mosaiс on Sher-Dor Madrasah at Registan Square in Samarkand 1997
[35] [36] 500 som Red and some green Statue of Timur 1999
[37] [38] 1000 som Grey Amir Timur Museum in Tashkent 2001
For table standards, see the banknote specification table.
Current UZS exchange rates
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[edit] See also

[edit] References

  1. ^ The Global History of Currencies - Russia
  2. ^ Uzbekistan Economic Policy and Trade Practices
  3. ^ a b c Tables of modern monetary history: Asia
  • (2003) Chester L. Krause, Cliffor Mischler, Colin R. Bruce II, et al. (editors): 2004 Standard Catalog of World Coins: 1901-present, 31st ed., Krause Publications. ISBN 0-87349-593-4.
  • (2005) George S. Cuhaj, (S. editor): Standard Catalog of World Paper Money, Vol. 3: Modern Issues, 1961-Date, 11th ed., KP Books. ISBN 0-89689-160-7.
Old som
Preceded by:
Soviet/Russian ruble
Reason: independence
Ratio: at par
Currency of Uzbekistan
November 15, 1993July 1, 1994
Succeeded by:
New som
Reason: inflation and deprecating the "transitional" currency
Ratio: 1 new som = 1000 old som


New som
Preceded by:
Old som
Reason: inflation and deprecating the "transitional" currency
Ratio: 1 new som = 1000 old som
Currency of Uzbekistan
July 1, 1994
Succeeded by:
Current


Currencies of Asia and the Pacific
Central Afghan afghani | Kazakhstani tenge | Kyrgyzstani som | Mongolian tugrug | Russian ruble | Tajikistani somoni | Turkmenistani manat | Uzbekistani som
East Chinese yuan | Hong Kong dollar | Japanese yen | Macanese pataca | North Korean won | South Korean won | New Taiwan dollar
South-East Brunei dollar | Cambodian riel | Indonesian rupiah | Lao kip | Malaysian ringgit | Myanmar kyat | Philippine peso | Singapore dollar | Thai baht | US dollar (East Timor) | Vietnamese đồng
South Bangladeshi taka | Bhutanese ngultrum | Indian rupee | Maldivian rufiyaa | Nepalese rupee | Pakistani rupee | Sri Lankan rupee
West Armenian dram | Azerbaijani manat | Bahraini dinar | Cypriot pound | Egyptian pound | Georgian lari | Iranian rial | Iraqi dinar | Israeli new sheqel | Jordanian dinar | Kuwaiti dinar | Lebanese lira | Omani rial | Qatari riyal | Saudi riyal | Syrian pound | Turkish new lira | UAE dirham | Yemeni rial
Pacific Australian dollar (Kiribati, Nauru, Norfolk Island, Tuvalu) | CFP franc (French Polynesia, New Caledonia, Wallis and Futuna) | Cook Islands dollar | Fijian dollar | New Zealand dollar (Cook Islands, Niue, Tokelau, Pitcairn Islands) | Papua New Guinean kina | Samoan tala | Solomon Islands dollar | Tongan pa'anga | US dollar (American Samoa, Guam, Northern Mariana Islands, Marshall Islands, Federated States of Micronesia, Palau) | Vanuatu vatu
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