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| 正面铭文 | ۵۰۰ ۱۳۳۷ 500 ПЯТЬСОТЪ ТЕНЬГОВЪ (Translation: 500, 1337, Five Hundred Tengov) |
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| 背面铭文 | ۵۰۰ 500 ПЯТЬСОТЪ ТЕНЬГОВЪ (Translation: 500, Five Hundred Tengov) |
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The Emirate of Bukhara issued paper currency in its final years under Emir Said Alim Khan, as the collapsing regional economy and the pressures of Russian Civil War-era disruption made coin-based trade increasingly impractical. These emergency treasury notes were produced under desperate conditions and circulated within a monetary system already on the verge of collapse — the Bukharan People's Soviet Republic was proclaimed in 1920, effectively ending the emirate.
Survival rates are low. Notes from this issue suffered both from poor-quality wartime paper and from the political rupture that followed, which removed any incentive for organized preservation.