2000 Tengas Treasury

The Emirate of Bukhara issued paper currency only under extreme duress — the emir's government had long resisted anything that wasn't metallic coinage, and these late tenga notes were a product of fiscal collapse rather than monetary planning. By 1919, Bolshevik pressure on the region was intensifying, and the emirate's finances were in disarray.

Bukhara fell to Red Army forces in September 1920, making this issue one of the last acts of an independent state with roots stretching back centuries. Notes from this series are frequently found in poor condition, consistent with heavy short-term use before the regime collapsed entirely.