First Turkmenistani Manat

(redirected from Turkmenistani First Manat)

First Turkmenistani Manat

The former currency of Turkmenistan. It was introduced in 1993, replacing the Soviet ruble. It suffered from high inflation in the 1990s and 2000s, and was replaced by the new Turkmenistani manat in January 2009 at a ratio of 5,000 old manat to one new manat.