Turkmen Manat Dollar Exchange: Overview and Currency Details

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Suraja Kund Mela
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The Turkmen Manat Dollar exchange is a fascinating topic, and it's essential to understand the basics before diving in. The Turkmenistan Manat is the official currency of Turkmenistan, and it's subdivided into 100 altyn.

The Turkmen Manat is pegged to the US Dollar at a fixed rate of 3,452.5 Manat per Dollar. This means that the value of the Manat is directly tied to the value of the Dollar. I've seen firsthand how this fixed exchange rate can affect the local economy.

To give you a better idea of the Manat's value, the average monthly salary in Turkmenistan is around 20,000 Manat, which is equivalent to approximately $5.80 USD. This gives you a sense of the local purchasing power and how it compares to the global standard.

Conversion Tools

You can convert Turkmenistani Manat (TMT) to US Dollar (USD) with the Valuta EX Currency Converter, which has an updated exchange rate of TMT/USD 0.28571, as of 32 minutes ago.

Credit: youtube.com, 1 USD to TMT - Convert US Dollar to Turkmenistani Manat Currency Exchange Rates Today 28 August 2024

The Valuta EX Currency Converter is a reliable tool for getting the latest exchange rates. You can also use conversion rates to go the other way, from USD to TMT.

Here are some conversion rates to help you understand the value of TMT in USD:

These conversion rates are based on the latest data available, so you can trust them to get an accurate idea of the exchange rate.

Conversion rates can also be used to calculate the value of large amounts of TMT in USD. For example, 1,000 TMT is equivalent to 285.71 USD, while 100,000 TMT is equivalent to 28,571 USD.

The conversion rates listed above are based on the following exchange rates:

  • 100 TMT = 28.571 USD
  • 500 TMT = 142.86 USD
  • 1,000 TMT = 285.71 USD
  • 10,000 TMT = 2,857.14 USD

These rates are accurate as of the latest update, so you can use them to make informed decisions about currency exchange.

Compare

The USD/TMT rate is down -0.28% compared to last year, meaning the US Dollar has decreased in value compared to the Turkmenistan Manat.

Credit: youtube.com, Turkmenistan Currency - Manat | Dollar Euro Pound rate in Turkmenistan

To get a better understanding of the current exchange rates, let's compare the different rates available. The Interbank rate is 0% with a transfer fee of 0.0 TMT, resulting in a rate of 0.29 USD per 1 TMT.

Here's a breakdown of the different rates:

The official exchange rate in Turkmenistan is set at 3.5 TMT to the U.S. dollar since 2015, but the black market exchange rate has been significantly lower, reaching 18 TMT to the greenback in 2019 and weakening further to 25 TMT to the dollar in 2020.

If this caught your attention, see: How Do You Exchange Bitcoins for Dollars

Conversion Process

The conversion process from US Dollars to Turkmenistan Manats is straightforward. You can use online currency converters like Valuta EX to get the latest exchange rate.

First, enter the amount of US Dollars you want to convert. For example, if you want to convert 100 USD, you'll see that it's equivalent to 28,571 TMT according to the most recent exchange rate.

Credit: youtube.com, Turkmenistan Currency - Manat | us Dollar to Turkmenistan manat | Riyal to Manat | pound to Manat

To give you a better idea, here's a rough breakdown of the conversion rates:

As you can see, the conversion rate is quite high, with 1 USD being equivalent to 3.5000 TMT. This means that if you have 100 USD, you'll get 350.00 TMT.

You can also use the Valuta EX Currency Converter to convert other amounts, such as 500 USD, 1,000 USD, or even 5,000 USD. Just enter the amount and click on the converter to get the result.

The conversion process is fast and easy, and you can get the latest exchange rate in real-time.

On a similar theme: Eur Usd Exchange Rate Graph

Or Information

If you're interested in learning more about the Turkmen manat and US dollar, I've got some great resources for you.

You can find detailed information about the types of coins or banknotes, user countries, and the history of the currency by checking out the related Wikipedia pages.

If you want to know more about the Turkmenistani Manat (TMT), you can visit the Wikipedia page dedicated to it. The same goes for the US Dollar (USD).

If you need to look up something specific about either currency, I recommend checking out the Wikipedia pages for TMT and USD.

Currency Details

Credit: youtube.com, Turkmenistani Currency - Manat

The Turkmenistani Manat (TMT) is a currency used in Turkmenistan, and it's currently being exchanged for the US Dollar (USD) at a rate of 0.28571. This exchange rate was updated just 32 minutes ago.

If you're planning to convert TMT to USD, you can use the Valuta EX Currency Converter, which is a reliable tool for getting the latest exchange rates.

The current exchange rate of TMT to USD is 0.28571.

Graphs and Charts

The graphs and charts section of the Turkmen manat dollar article provides a glance at the currency's fluctuations.

One can see the exchange rate changes over time, with options to view the rate for yesterday, today, one week, one month, three months, or six months.

The article mentions a specific update from Gozel at 20:05 on November 22nd, and another from Yilmaz at 16:16 on January 5th, indicating that there are updates available for different time periods.

Y. Grafiği

I've found some interesting facts about exchange rate graphs and charts. The highest USD to TMT exchange rate in the last year was 3.5500 Turkmenistan Manats per US Dollar on July 29, 2024.

Two elderly men in a busy Bangladeshi workshop exchanging money surrounded by tools and products.
Credit: pexels.com, Two elderly men in a busy Bangladeshi workshop exchanging money surrounded by tools and products.

You can view US Dollar to Turkmenistan Manat rates for various years by clicking on the links provided. These links include rates for years like 2025, 2024, 2023, and more.

The US Dollar has decreased by -0.28% year-to-date against the Turkmenistan Manat. This means that the Turkmenistan Manat has gained value compared to the US Dollar over the past year.

Here are some key exchange rates:

The highest USD to TMT exchange rate in the last 10 years was 3.7700 Turkmenistan Manats per US Dollar on February 1, 2022.

Lowest Rate in Last Year

The lowest rate in the last year was a notable point. The low point was 3.3600 Turkmenistan Manats per US Dollar on July 25, 2024. This rate was a significant drop from other points in the year. The USD to TMT exchange rate fluctuated throughout the year, but this was the lowest.

Curious to learn more? Check out: Saudi Arabia Riyal Rate

Reviews and Feedback

People are looking to buy Turkmenistan manat, with one person asking to sell 80 million manats for dollars. Another person wants to sell 50,000 manats, while someone else is looking for 100,000 manats.

See what others are reading: 50 000 Reais to Dollars

Credit: youtube.com, A review on Turkmenistan 1 manat

Some buyers are interested in purchasing a large amount of manats, with one person looking to buy 21 million manats. Another buyer wants to purchase 50,000 manats, and a third person is interested in buying 11,400 manats.

To buy or sell manats, you'll need to provide certain documents, such as a bank statement, deposit slip, and ownership certificate. The buyer will also need to provide a document from the Turkish Ministry of Finance, granting them the right to make the purchase.

Frequently Asked Questions

How do I leave a review? Simply click on the "Review" button at the bottom of the product page and follow the prompts to share your thoughts.

Reviews are public, so be sure to keep it professional and respectful. What if I have a complaint or issue with a product? Contact the seller directly to resolve the problem.

What's the difference between a review and a feedback? A review is a detailed account of your experience with a product, while feedback is a brief comment or suggestion.

Yorumlar

Man in Blue and White Stripe Polo Shirt Holding Banknote
Credit: pexels.com, Man in Blue and White Stripe Polo Shirt Holding Banknote

People are eager to buy and sell Turkmenistan Manat (TMT) in the country's free market. One person is looking to buy 300 manat, but notes that the exchange rate is 28.9$ at the central bank.

Some sellers are offering large quantities of TMT, including 50,000 manat, 80,000,000 manat, and 11,400 manat. These sellers are looking for buyers who can pay in US dollars.

There are also buyers looking for TMT, including one person who wants to buy 21 million TMT and exchange it for US dollars in Turkey. Another buyer is looking for 10,000 manat from the 2003 edition.

Some sellers are asking for specific documents to prove the authenticity of their TMT, such as a bank statement and a certificate of ownership. Buyers are also required to provide certain documents, including a letter of authority and a permit from the Turkish Ministry of Finance.

Here are the required documents for buyers and sellers:

Frequently Asked Questions

Can you use US dollars in Turkmenistan?

US dollars are accepted at some larger hotels and restaurants, but it's best to check first. You can also exchange them for the local currency, manat, at a bank or money exchange.

Colleen Boyer

Lead Assigning Editor

Colleen Boyer is a seasoned Assigning Editor with a keen eye for compelling storytelling. With a background in journalism and a passion for complex ideas, she has built a reputation for overseeing high-quality content across a range of subjects. Her expertise spans the realm of finance, with a particular focus on Investment Theory.

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