The currency of Turkmenistan is the Turkmenistan manat (TMT). It is abbreviated as TMT and is the official currency used for all transactions in the country.
The manat was first introduced in 1993, replacing the Soviet ruble after Turkmenistan gained independence from the Soviet Union. Over the years, there have been several revaluations and redenominations of the currency.
Types of Turkmenistan Manat:
- Banknotes: The Turkmenistan manat is issued in various denominations, with banknotes commonly in the following values:
- 1, 5, 10, 20, 50, 100, 500, and 1,000 manat.
- Coins: Coins in Turkmenistan are available in denominations of:
- 1, 5, 10, 20, and 50 tenge (1 tenge = 1/100 of a manat).
The Turkmen manat is controlled by the Central Bank of Turkmenistan, and its value can fluctuate based on government policies and the economic environment.
