TJS to EGP

TJS - Tajikistani Somoni (сом.)
EGP - Egyptian Pound (ج.م.‏)
1 TJS1 EGP

Currency conversion rates from TJS to EGP

TJSEGP
1 TJS1 EGP
5 TJS5 EGP
10 TJS10 EGP
20 TJS20 EGP
50 TJS50 EGP
100 TJS100 EGP
250 TJS250 EGP
500 TJS500 EGP
1000 TJS1000 EGP
2000 TJS2000 EGP
5000 TJS5000 EGP
10000 TJS10000 EGP
EGPTJS
1 EGP1 TJS
5 EGP5 TJS
10 EGP10 TJS
20 EGP20 TJS
50 EGP50 TJS
100 EGP100 TJS
250 EGP250 TJS
500 EGP500 TJS
1000 EGP1000 TJS
2000 EGP2000 TJS
5000 EGP5000 TJS
10000 EGP10000 TJS

EGP - Egyptian Pound ()

Egyptian Pound

The official currency of Egypt is the Egyptian Pound (EGP). The symbol used for the EGP is E£ or in Arabic ( ج.م). The Egyptian Pound is subdivided into smaller currency denomination known as qirsh or millimes. 1 EGP = 100 qirsh = 1000 millemes.

The Egyptian Pound is the currency in Egypt (EG, EGY). The symbol for EGP can be written E. The Egyptian Pound is divided into 100 piasters or 1000 milliemes. The exchange rate for the Egyptian Pound was last updated on May 24, 2019 from Yahoo Finance. The EGP conversion factor has 4 significant digits.

Economy

  • The Egyptian economy is becoming more market-orientated.
  • The main industries are metal, tourism, chemicals, textiles, pharmaceuticals, light manufacturers, food processing, hydrocarbons, construction, and cement.
  • Export products are petroleum and crude oil products, textiles, cotton, agricultural goods, metal products, and chemicals.
  • Import products are wood products, fuels, chemicals, equipment, machinery, and food stuffs.
  • Unemployment in the country is estimated at 9.7%.
  • The yearly GDP growth is rated at 2.6%.

History

  • The Egyptian Pound, also known as gineih, was replaced the Egyptian Piastre. The Piastre = 1/100 of a Pound. It was subdivided into 40 para.
  • In 1885, the para was taken out of circulation and the piastre was subdivided into tenths. In 1916 the tenths were renamed millimes.
  • Egypt used the gold standard from 1885 to 1914. 1 EGP = 7.4375 grams of gold. After the outbreak of World War I, Egypt moved to the British Pound and was part of the Sterling era until 1962. In the same year the EGP switched over to the US Dollar and was pegged at 1 EGP = 2.3 USD.
  • In 1973, the peg was changed to the British Pound again.
  • In 1989, the Pound floated; however, the Central Bank of Egypt tightly managed the control of foreign exchange.
  • In 2005, the 1 Pound and 50 pastrie coins were introduced.
  • In 2009, Egypt started phasing out 1 Pound and half-pound notes.

More information about EGP - Egyptian Pound ()


TJS - Tajikistani Somoni (TJS)

Tajikistani Somoni

The Somoni is the currency of Tajikistan. It is named after the father of the Tajik nation, Ismail Samani. The Somoni was put into circulation on October 30, 2000 to replace the Tajikistani Ruble at the rate of 1 Somoni = 1,000 Rubles. The Somoni is subdivided into 100 dirams.

The Tajikistan Somoni is the currency in Tajikistan (TJ, TJK). The Tajikistan Somoni is divided into 100 dirams. The exchange rate for the Tajikistan Somoni was last updated on May 24, 2019 from Yahoo Finance. The TJS conversion factor has 5 significant digits.

Economy

  • The Tajikistani economy has been greatly weakened by six years of civil conflict and the resulting loss of markets for its products.
  • Tajikistan depends on international humanitarian assistance for much of its basic subsistence needs. Even if the peace agreement of June 1997 is honored, the country faces major problems in integrating refugees and former military personnel into the economy.
  • In 2006, the per capita GDP of Tajikistan was 85% of the 1990s level.
  • The population has increased from 5.3 million in 1991 to 7.3 million in 2009.
  • Despite resistance from vested interests, the government of Tajikistan has continued to pursue macroeconomic stabilization and structural reforms since 2000.

History

  • Somoni banknotes in circulation are denominated in 1, 5, 20, and 50 dirams and 1, 5, 10, 20, 50, and 100 Somoni.
  • The Somoni replaced the Tajikistani Ruble, which had been the currency since 1991.
  • Since 2001, the exchange rate has remained relatively stable. In January 2007, 3.21 Somoni = 1 USD.
  • From 2001–2003 Tajikistan’s inflation rates were 33 percent, 12.2 percent, and 16.3 percent, respectively.
  • In 2004 the rate fell to 6.8 percent, and the rate for 2005 was 7.1 percent.

More information about TJS - Tajikistani Somoni (TJS)