From 1 July 2019, coins and banknotes in denominations of 50 and 100 soums are withdrawn from circulation
Tashkent, Uzbekistan (UzDaily.com) - It is known that starting from 1 July 2019, coins of denomination of 50, 100 soums (samples 2001-2002, 2004 and 2009) and banknotes of 50, 100 soums (sample 1994) lose their solvency and withdrawn from circulation.
According to the Regulations on the procedure for the exchange and withdrawal from circulation of coins of 50, 100 soums, and banknotes of 50, 100, 200 and 500 soums of the old type of the Central Bank of the Republic of Uzbekistan, before 1 July, coins and banknotes of 50, 100 soums were accepted and exchanged by cash settlement centers of the Main Territorial Administrations of the Central Bank, all commercial banks and their branches.
From 1 July 2019, coins and banknotes of 50, 100 soums of the old type will not be accepted for payment for goods and services.
Coins and banknotes in denominations of 50 and 100 soums of the old type that are in the hands of the population can be exchanged directly in the cash processing centers of the Main Territorial Departments of the Central Bank for new-type coins or for other banknotes in circulation.
According to this Regulation banknotes of 200 and 500 soums of the old type will be in circulation until 1 July 2020 and will be considered a means of legitimate payment.
From 1 July 2019, banknotes handed over to the cash offices of banks with a nominal value of 200 soums of 1997 sample and 500 soums of 1999 sample will be exchanged with branches of a commercial bank.