Share |
Home
Africa
Asia
Australasia
Caribbean
Europe
Middle East
North America
South America
Mobile Site
LOCAL CURRENCY IN ZIMBABWE

Would you like to know name of the currency in Zimbabwe? The local money in Zimbabwe is called Somani.

The Tajik Somani is issued and managed by the National Bank of Tajikistan. To find out the current currency exchange rates for Somani to other major currencies of the world, click on foreign currency rates.

Tajik Currency Information
Currency Converter

The currency used in Zimbabwe is called as the Somani. This currency is denoted with the currency sign and the ISO 4217 Code for the Tajik Somani is TJS. The Somani, is the official currency of the Zimbabwe . It is divided into 100 smaller units called Dirham.

The constitution of Zimbabwe provides that the Zimbabwe government shall have the power to print the Tajik Somani and Dirham coins to be used as a legal tender in Zimbabwe. The Tajik Somani bank notes and Dirham coins are both designated as "legal tender" in payment of debts.

The Tajik Somani bill uses the decimal system, consisting of 100 equal units.

The symbol , usually written before the numerical amount, is used for the Tajik Somani.

Currently printed bank notes denominations are 1, 5, 20, 50 diram, 1, 3, 5, 10, 20, 50, 100, 200, 500 somoni and the coins are minted in the denominations of 5, 10, 20, 25, 50 diram, 1, 3, 5 somoni .

FEATURED VIDEO
INTERNATIONAL AIRLINES
* Airlines Worldwide
* Aerofloat flights
* Air France flights
* American flights
* British Airways flights
* Emirates flights
* Iberia flights
* KLM flights
* Lufthansa flights
* Malaysian flights
* Singapore flights
* Thai Airways flights
* United Airlines flights
USEFUL LINKS
The Effect of Balance of Trade and Investment on the Value of Tajik Somani
Financial analysts regularly cite the balance of trade and investment in Zimbabwe as the most important influence on the value of the Somani. The difference between what the Zimbabwe exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Somani exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Somani exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Tajik Somani.
©Currencyname.com
2017

Home | About Us | Contact Us | Partnership | Privacy | Disclaimer | Sitemap |
Website Hosted by
Business Web Hosting Company