Turkmenistani Manat

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Turkmenistani Manat

The currency of Turkmenistan. It was introduced 1993 and was revalued in January 2009 at a rate of 5,000 to one after the old manat suffered from high inflation in the 1990s and 2000s.
References in periodicals archive ?
Among the key factors contributing to the strengthening of confidence in the national currency and the increasing role of the banks, TDH also names the introduction of a single official exchange rate of Turkmen manat to foreign currency.
The official rate of the Turkmen manat to one dollar has recently remained at 2.
Obviously, the system of a total control of economy in crisis gives some advantages and positive results, including a stable national currency as manifested by the Turkmen manat, number one in the list.