Currency: Turkmenistan manat

The Turkmenistan manat is the official currency of Turkmenistan. One US dollar is worth around 3.50 TMT. The Turkmenistan manat is the currency of Turkmenistan. It was first introduced in 1993, replacing the Soviet ruble. The manat is divided into 100 tenge. The currency is issued by the Central Bank of Turkmenistan. The Turkmenistan manat has been subject to high inflation, so banknotes are issued in denominations as high as 500 manat. The Turkmenistan manat is widely used in Turkmenistan and is often used for transactions in neighboring countries.