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Uzbekistani Som · UZS

so'm symbol · 1 country currently using this currency.

Currency info

Adopted: 1994

Currency family: Other

The Som's name derives from the Uzbek word meaning 'pure' or 'genuine,' reflecting the nation's desire for monetary independence.

  • Introduced on July 1, 1994, replacing the Soviet Ruble following Uzbekistan's independence in 1991
  • Initially pegged to the US Dollar but transitioned to a managed float system
  • Experienced significant devaluation in the 2000s due to capital controls and limited convertibility
  • Underwent a redenomination in 2000 where 1 new Som replaced 1,000 old Som

Countries currently using this currency

Related

Historical predecessor

Soviet Ruble