Türkmen manady (Turkmen) | |
---|---|
![]() 100 manat banknote | |
ISO 4217 | |
Code | TMT (numeric: 934) |
Subunit | 0.01 |
Unit | |
Unit | manat |
Plural | The language(s) of this currency do(es) not have a morphological plural distinction. |
Symbol | m |
Denominations | |
Subunit | |
1⁄100 | tenge |
Symbol | |
tenge | t |
Banknotes | |
Freq. used | 1, 5, 10, 20, 50, and 100 manats |
Rarely used | 500 manats |
Coins | |
Freq. used | 10, 20, 50 tenge, 1, 2 manats |
Rarely used | 1, 2, 5 tenge |
Demographics | |
User(s) | ![]() |
Issuance | |
Central bank | Central Bank of Turkmenistan |
Website | www |
Printer | De La Rue |
Website | De La Rue |
Mint | Royal Mint |
Website | The Royal Mint |
Valuation | |
Inflation | 8.5% |
Source | The World Factbook, 2012 est. |
Pegged with | US dollar (USD) US$1 = 3.50 manats |
The manat (Turkmen: manat; abbreviation: m; code: TMT) is the currency of Turkmenistan. The original manat was introduced on 1 November 1993, replacing the rouble at a rate of 1 manat = Rbls 500.[1][failed verification] The manat is subdivided into 100 tenge (Turkmen: teňňe).
Due to heavy inflation a new manat was introduced on 1 January 2009 at the rate of 5,000 old manats to 1 new manat.[2]