Turkmenistani Manat

Turkmenistani Manat

Turkmenistani Manat overview

The manat is the currency of Turkmenistan. It was introduced on 1 November 1993, replacing the Russian ruble at a rate of 1 manat = 500 rubles. The ISO 4217 code was TMM, and the manat was subdivided into 100 tenge. The abbreviation m is sometimes used, e.g., 25 000 m is twenty-five thousand manat. On January 1, 2009, the new manat was introduced with ISO 4217 code TMT at the rate of 5000 old manat to 1 new manat.

1 TMT to USD exchange rates chart

TMT to  exchange rates chart

Turkmenistani Manat news

Turkmenistan: Fast and furious. And broke | Eurasianet

This week in our Turkmenistan column, the president plays hard as the national currency goes soft

about 2 months subjunctive neutral
Turkmenistan finds a novel solution to mass emigration

CITIZENS of Turkmenistan are definitely allowed to leave the country, its immigration service insisted in a statement in mid-April. The declaration came in response to reports that men under the age of 30 were being prevented from boarding international flights.

about 2 months conditional negative
Turkmenistan: Reading between the lines | Eurasianet

Turkmenistan’s government will not admit the economy is creaking, but there are clues aplenty

2 months conditional neutral
President of Turkmenistan buys luxury rally car for €520,000 as people starve and fight for bread
President of Turkmenistan buys luxury rally car for €520,000 as people starve and fight for bread

The Mini Cooper rally vehicle, which President of Turkmenistan Gurbanguly Berdimuhamedov used to prepare for Amul-Khazar 2018 rally, was purchased for 520,000 euros

2 months conditional neutral
Turkmen elite buy up luxury residential housing in bid to protect capital amid devaluation

Turkmen elite buy up luxury residential housing in bid to protect capital amid devaluation. Apartments said to be selling out fast amid Turkmenistan’s dire financial crisis.

2 months indicative positive
Azerbaijan's economy sees 0.8 pct growth
Azerbaijan's economy sees 0.8 pct growth

Azerbaijan's GDP in January-September 2018 amounted to almost 57.76 billion manat, which is 0.8 percent more than in the same period of 2017, follows from the report of the State Statistics Committee.

2 months indicative neutral
International Bank of Azerbaijan strengthens market positions
International Bank of Azerbaijan strengthens market positions

The International Bank of Azerbaijan (IBA) has earned 319 million manats worth of profits for the first 9 months of 2018.

2 months indicative positive

TMT currency converter