60 Tengas Treasury

The Emirate of Bukhara's paper currency experiment was brief and chaotic. Emir Alim Khan's government began issuing these notes in 1919 under severe pressure — the Bolsheviks were tightening their grip on Central Asia, trade had collapsed, and the traditional silver tanga had effectively disappeared from circulation. The tenga denominations were denominated in a currency that no longer functioned as metal coinage.

Bukhara fell to the Red Army in September 1920. The emirate was abolished, replaced by the short-lived Bukharan People's Soviet Republic, and these notes became worthless almost immediately after issue. Surviving examples had virtually no circulation window.