|
Currency :
Uzbek Sum (Sum) = 100
tiyn. Notes are in denominations of Sum1000, 500, 200, 100, 50, 25,
10, 5, 3 and 1. Coins are in denominations of 50, 20, 10, 5, 3 and 1
tiyn.
Currency exchange :
Tourists and
business persons without special status have to pay for hotels,
hotel services and transport in hard currency; US Dollars are the most
widely acceptable. All bills are normally settled in cash. It is
illegal to change money on the black market and penalties can be
harsh. Banks and the currency exchange bureaux in major hotels will
change at the official rates.
Credit & debit cards :
Acceptable in some of the
major hotels in tourist centres. Uzbekistan has said that
it intends to introduce its own Visa card in the near future.
Travellers cheques :
Limited acceptance.
Exchange rate indicators :
The following figures are
included as a guide to the movements of the Sum against Sterling and
the US Dollar :
|
Date |
Feb ’03 |
May ’03 |
Aug ’03 |
Nov ’03 |
|
£1.00 = |
1533.72 |
1588.88 |
1718.58 |
1655.34 |
|
$1.00 = |
963.24 |
970.25 |
973.96 |
975.48 |
Currency restrictions : The
import of foreign currency is unlimited, but should be declared on
arrival. Travellers importing sums in excess of US$1000 may be subject
to a body search. The export of foreign currency is permitted.
Travellers who have imported sums in excess of US$2000 are required to
provide proof of lawful exchange into Sum, otherwise a fine of 30 per
cent of the amount imported will be payable. The import and export of
local currency is unlimited.
Banking hours :
Mon-Fri 0930-1730. |
