TMT · TMT
Turkmenistani manat (TMT)
The Turkmenistani manat (TMT) is the official currency of Turkmenistan, introduced in 2009. This page provides an overview of its history, denominations, and role in the country's economy.
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TMT · Turkmenistani manat
Turkmenistani Manat (TMT): Overview and History
The Turkmenistani manat (TMT) is the official currency of Turkmenistan, a Central Asian country. It was introduced in 2009, replacing the old manat at a rate of 5,000 old manat to 1 new manat. The currency is issued by the Central Bank of Turkmenistan and is subdivided into 100 tenge. The manat is used for all transactions within the country, and its exchange rate is officially pegged to the US dollar, though the rate is set by the government.
The manat has undergone several changes since its introduction. The 2009 issue featured new banknotes and coins, with denominations ranging from 1 to 500 manat for banknotes and 1 to 50 tenge for coins. In 2012, a new series of banknotes was introduced with enhanced security features. The currency is primarily used domestically, and international trade is often conducted in foreign currencies, particularly the US dollar and the euro.
Turkmenistan's economy is heavily reliant on natural gas exports, and the manat's value is influenced by global energy prices. The government maintains strict control over the currency, and there are restrictions on its convertibility. As a result, the manat is not widely traded on international foreign exchange markets. For those traveling to Turkmenistan, it is advisable to exchange currency at official banks or exchange offices, as the black market rate may differ significantly.
- Code
- TMT
- Symbol
- TMT
- Current rate
- USD / TMT
Currency information
Last updated · 8/7/2026
Introduced on January 1, 2009, replacing the old manat at a rate of 5,000 old manat to 1 new manat.
- Official name
- Turkmenistani manat
- Legal tender status
- Legal tender in Turkmenistan
- Decimal places
- 2
- Minor unit
- tenge · 1 TMT = 100 tenge
- Countries
- Turkmenistan
- Issuing authority
- Central Bank of Turkmenistan
- Central bank
- Central Bank of Turkmenistan · Official website
- Exchange-rate regime
- Managed float
Common banknotes
1 manat · 5 manat · 10 manat · 20 manat · 50 manat · 100 manat · 500 manat
Common coins
1 tenge · 2 tenge · 5 tenge · 10 tenge · 20 tenge · 50 tenge · 1 manat · 2 manat
Also known as
TMT · manat · Turkmenistani manat · m
Practical notes
- The currency code TMT is used for the new manat, while TMM was used for the old manat.
- The symbol 'm' is often written after the amount with a space.
Turkmenistani manat questions
What is the TMT exchange rate?
The displayed rate is the latest available reference rate for USD/TMT. It can change throughout the day.
How can I convert TMT online?
Use the converter above to calculate indicative amounts between TMT and the other supported currencies.