Tajikistan Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Tajikistan's exchange rate was 11.01 in 2025, ranked 103rd globally. This represents a 1.9% increase from 2024. Data from World Bank, covering 1992–2025.
Overview
Tajikistan's exchange rate stood at 11.01 in 2025, a rise of +0.21 from 2024. Based on recent trends, this figure is projected to reach 11.01 by 2025. Tajikistan ranked 103rd globally.
Tajikistan’s exchange rate has risen sharply since the early 1990s, moving from a recorded trough of 0.00 in 1992 to a latest 2025 level of 11.01, which places the country 103rd globally. The all‑time peak of 11.31 was reached in 2021, indicating a modest depreciation of the national currency over the past four years. This trajectory mirrors the experience of similarly ranked peers such as Norway, whose rate stands at 11.18, and Sweden at 11.24, suggesting regional convergence toward higher nominal rates despite differing macro‑economic contexts. Over the 34‑year coverage period, the upward trend reflects persistent balance‑of‑payments pressures, limited foreign‑exchange inflows and structural reforms that have gradually liberalised the market. Continued diversification of exports, improvements in fiscal discipline and sustained foreign investment could temper further depreciation, while external shocks or policy reversals would likely accelerate it.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2027* trend | 11.11 | - | - |
| 2026* trend | 11.06 | - | - |
| 2025* trend | 11.01 | - | - |
| 2025 | 11.01 | +0.21 | #103 |
| 2024 | 10.80 | −0.05 | #106 |
| 2023 | 10.84 | −0.19 | #105 |
| 2022 | 11.03 | −0.28 | #106 |
| 2021 | 11.31 | +0.99 | #109 |
| 2020 | 10.32 | +0.79 | #108 |
| 2019 | 9.53 | +0.38 | #107 |
| 2018 | 9.15 | +0.60 | #107 |
| 2017 | 8.55 | +0.71 | #108 |
| 2016 | 7.84 | +1.67 | #104 |
| 2015 | 6.16 | +1.23 | #96 |
| 2014 | 4.94 | +0.17 | #95 |
| 2013 | 4.76 | +0.03 | #96 |
| 2012 | 4.74 | +0.13 | #97 |
| 2011 | 4.61 | +0.23 | #97 |
Detected Pattern
Analysis
Tajikistan matched the Export Boom Cycle pattern in 2022. Historically, 71% of countries showing this pattern (546 out of 768) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Tajikistan's exchange rate was 11.01 in 2025. Ranked 103rd globally. This represents a 1.9% increase from the previous year.
Tajikistan's exchange rate peaked at 11.31 in 2021.
The lowest exchange rate in Tajikistan was 0.00 in 1992.
Tajikistan ranks 103rd globally in exchange rate as of 2025.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
Tajikistan's exchange rate is projected to reach 11.01 by 2025 based on trend extrapolation.
The exchange rate of Tajikistan in 2025 was 11.01. This ranks 103rd in the world.
Cite this page
@misc{historysaid_tajikistan_exchange-rate,
title = {Tajikistan Exchange Rate},
url = {https://historysaid.com/tajikistan/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}