US Dollar to Tajikistani Somoni Exchange Rate

Live Rate

= Somoni 10.3068

Refreshing in: 60s | Fri, Jul 10, 06:38AM GMT

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How can I get the best exchange rate between the US dollar and the Tajikistani somoni?

Tajikistan is basically a cash-only economy, so you’ll need to exchange your US dollars into Tajikistani somoni if you’re planning a trip there. Credit and debit cards are generally not accepted — the same goes for traveler’s checks.

It’s been reported that it’s extremely difficult to withdraw money from the few ATM’s in Tajikistan’s major cities, especially since two of the main banks in the country went bankrupt in 2016. In other words, you’ll need to bring US dollars in cash with you when you to Tajikistan and then exchange it for somoni once you’ve arrived in the country. Though there’s a black market for foreign currency exchanges, be aware that it’s illegal to use and has strict penalties.

You also have the option to transfer money to Tajikistan with an online money transfer service — remittances to Tajikistan are common so you’ll have options. When choosing a provider, pay attention to the exchange rate and service fees.

US Dollar

The US dollar is the most traded currency in the world. The world’s unofficial reserve currency, it can be found in most major currency pairs. In forex, it’s an important benchmark and target rate for countries that fix or peg their currencies against its value. It is also used as the standard currency for oil, precious metals and other commodities.
Currency:US Dollar
Sub unit:cents
Bank notes:$1, $5, $10, $20, $50, $100
Coins:1c, 5c, 10c, 25c, 50c

Tajikistani Somoni

The Tajikistan somoni is the official currency of the Central Asian country of Tajikistan. Greatly weakened by civil conflict and market decline, the country depends on humanitarian assistance for basic needs, steadily depressing the somoni’s value.
Currency:Tajikistani Somoni
Sub unit:diram
Bank notes:1, 5, 20, 50 diram, 1, 3, 5, 10, 20, 50, 100, 200, 500 somoni
Coins:1, 2, 5, 10, 20, 25, 50 diram, 1, 3, 5 somoni

What affects exchange rates between the US dollar and the Tajikistani somoni?

The Tajikistani somoni has a managed exchange rate with the US dollar, meaning it’s fixed and readjusted when needed by the Tajikistani central bank. Economic growth in Tajikistan, trade and interest rates all play a role for the exchange rate, although the effect is indirect and lagging because of the managed exchange rate.

Main industries in Tajikistan with potential to impact exchange rates are:

  • Agriculture. Cotton and wheat
  • Mining. Gold and silver
  • Heavy industries. Aluminum processing and production of chemicals

Send money from USD to TJS

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How does the Tajikistani somoni trade against the US dollar historically?

In 2000, the somoni was launched as the official currency of Tajikistan, replacing the old Tajikistani ruble. Since 2006, the value of the somoni has gone down significantly compared to the US dollar.

Over the past 10 years, there hasn’t been a single time when the value of the somoni has strengthened against the dollar. This has led to minimal investments in Tajikistan by foreign investors — something the government is hoping to change. Until that happens, investments in Tajikistan should be considered extremely risky due to the consistently depreciating currency.

US Dollar to the Tajikistani Somoni for the last 10 days

Jun 30 Jul 01 Jul 02 Jul 03 Jul 04 Jul 05 Jul 06 Jul 07 Jul 08 Jul 09
1 USD = 10.3085 Inverse: 0.0970 10.3121 Inverse: 0.0970 10.3093 Inverse: 0.0970 10.3073 Inverse: 0.0970 10.3073 Inverse: 0.0970 10.3073 Inverse: 0.0970 10.2998 Inverse: 0.0971 10.2923 Inverse: 0.0972 10.3064 Inverse: 0.0970 10.3068 Inverse: 0.0970

US Dollar to the Tajikistani Somoni for the last 10 months

Sep 2019 Oct 2019 Nov 2019 Dec 2019 Jan 2020 Feb 2020 Mar 2020 Apr 2020 May 2020 Jun 2020
1 USD = 9.6935 Inverse: 0.1032 9.6894 Inverse: 0.1032 9.6914 Inverse: 0.1032 9.6806 Inverse: 0.1033 9.6927 Inverse: 0.1032 9.6945 Inverse: 0.1032 9.6869 Inverse: 0.1032 10.2124 Inverse: 0.0979 10.2510 Inverse: 0.0976 10.2869 Inverse: 0.0972

US Dollar to the Tajikistani Somoni for the last 10 years

Jul 2010 Jul 2011 Jul 2012 Jul 2013 Jul 2014 Jul 2015 Jul 2016 Jul 2017 Jul 2018 Jul 2019
1 USD = 4.3575 Inverse: 0.2295 4.6772 Inverse: 0.2138 4.9441 Inverse: 0.2023 4.7639 Inverse: 0.2099 4.9436 Inverse: 0.2023 6.2602 Inverse: 0.1597 7.8679 Inverse: 0.1271 8.8228 Inverse: 0.1133 9.1823 Inverse: 0.1089 9.4306 Inverse: 0.1060

Market rate for common transfer amounts USD to TJS

US Dollars (USD) Tajikistani Somoni (TJS)
$1 0
$100 0
$500 0
$1000 0
$1500 0
$2500 0
$5000 0

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