Tajikistani Somoni to Euro — exchange rate

Country of Circulation: Tajikistan

Currency Code, Symbol: TJS, SM

Denominations of coins in circulation: 1, 5, 10, 20, 25, 50 diram, 1, 3, 5 somoni

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

History: The Tajik somoni (SM) is the currency of Tajikistan. It is issued and used for payment only in one country of the world. On the global markets, they are abbreviated to SM.The Tajik somoni can be divided into dirams. 1 SM equals 100 dirams. The somoni has first been issued in 2000. It has replaced the other currency which was the Tajik ruble. The government turned to other countries when it came to minting for a long time. Thus, the majority of small coins are issued in Saint Petersburg. Lately, Kazakhstan has been engaged in minting.Read More

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More