The Central Bank has extended the period of exchange of 50, 100, 200 and 500 soum banknotes that have gone out of circulation

The Central Bank has extended the period of exchange of 50, 100, 200 and 500 soum banknotes that have gone out of circulation
  • 6
  • 15.06.2023 15:56:00
  • 2 min read

Banknotes of 50, 100, 200 and 500 soums and coins of 50 and 100 soums, which have lost their ability to pay, will continue to be accepted and exchanged through the Settlement cash centers of the Central Bank. Until January 1, 2023, it was possible to exchange obsolete banknotes - coins of 50 and 100 soums, as well as banknotes of 50, 100, 200 and 500 soums for current banknotes. According to the press service of the Central Bank, replacement of these out-of-circulation banknotes will continue. "Old banknotes of 50, 100, 200 and 500 soums and coins of 50 and 100 soums, which have lost their ability to pay, will continue to be accepted and exchanged through the settlement cash centers of the Central Bank," the regulator said. in the message. It is known that the Central Bank has decided to continue the exchange of banknotes that have lost their ability to pay, taking into account the appeals received from citizens regarding the exchange of banknotes that have lost their ability to pay. "We inform that all citizens can freely exchange the banknotes and coins of the above-mentioned denominations, which have lost their ability to pay, in the settlement cash centers of the Central Bank, for valid currency notes," said the message of the Ministry of Finance. For information, 50 soum coins of 2001-2002, 100 soum coins of 2004 and 2009, and 50 and 100 soum banknotes of 1994 were in circulation until July 1, 2019. Also, for 200 soum banknotes of the 1997 model and 500 soum banknotes of the 1999 model, this period is set until July 1, 2020. Earlier, there were reports on social networks about the replacement of the national currency with new banknotes in a ratio of 10,000:1 and the parallel circulation of old and new banknotes until 2025. The Central Bank denied the rumors about the denomination. Source: Daryo.uz

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