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.

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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.

Turkmenistan gradually going towards market regulation of prices

The official rate of the Turkmen manat to one dollar has recently remained at 2.

Turkmen state budget's revenue fulfilled by almost 119 percent

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.