We compute the Picard group of the noncommutative algebraic 2-torus , describe its action on the space of isomorphism classes of rk 1 projective modules and classify the algebras Morita equivalent to . Our computations are based on a quantum version of the Calogero-Moser correspondence relating projective -modules to irreducible representations of the double affine Hecke algebras (DAHA) $ H_{t, q^{-1/2}}(S_n) t = 1 $. We show that, under this correspondence, the action of on agrees with the action of on constructed by I.Cherednik. We compare our results with smooth and analytic cases. In particular, when , we find that is isomorphic to the group of auto-equivalences of the bounded derived category of coherent sheaves on the elliptic curve $ X = C*/Z $ modulo translations.

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