5000 Tengas Treasury

The Emirate of Bukhara was among the last of the Central Asian khanates to issue paper currency, doing so only under severe duress as Soviet forces pressed against its borders and the traditional silver tenge coinage became impossible to sustain. This 1919 emergency issue came just a year before the Red Army's assault ended the emirate entirely — Alim Khan fled to Afghanistan in September 1920, and the Bukharan People's Soviet Republic abolished all preceding instruments.

The high denomination reflects rampant inflation rather than purchasing power. Notes of this series are frequently found with manuscript endorsements and cancellation stamps applied by Soviet administrators during the brief transitional monetary period that followed the conquest.