Uzbekistan is a fascinating country with a rich history and culture, and it is essential to have a basic understanding of the local currency before traveling there. In this article, we will explore the Uzbekistan currency, including the exchange rate, where to exchange money, and tips for managing your money during your trip.
Uzbekistan Currency Exchange Rate
The currency of Uzbekistan is the Uzbekistani so’m (UZS), which has been the official currency since 1994. The exchange rate is subject to change, but as of February 2023, one US dollar is equivalent to approximately 10,000 Uzbekistani so’m. It is important to note that cash is king in Uzbekistan, and credit cards are not widely accepted.
Where to Exchange Money in Uzbekistan
Exchanging money in Uzbekistan is relatively easy, with exchange bureaus located throughout the country, especially in major cities like Tashkent, Samarkand, and Bukhara. It is also possible to exchange money at banks, but the process can be more time-consuming. It is important to exchange money only at official exchange bureaus or banks to avoid scams and counterfeit bills.
Tips for Managing Money in Uzbekistan
To make the most of your money during your trip to Uzbekistan, consider the following tips:
- Carry cash in small denominations, as it can be challenging to find change for larger bills.
- Consider withdrawing cash from ATMs, but be aware that fees can be high.
- Keep an eye on the exchange rate to ensure you are getting a fair rate when exchanging money.
- Be cautious when exchanging money on the street, as there is a risk of scams and counterfeit bills.
- Consider bringing a money belt or other secure way to carry your cash and valuables.