Convert Australian Dollar to Turkmenistani Manat
Please provide values below to convert Australian Dollar [AUD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Australian Dollar.
How to Convert Australian Dollar to Turkmenistani Manat
1 AUD = 0.436914285714286 TMT
Example: convert 15 AUD to TMT:
15 AUD = 15 × 0.436914285714286 TMT = 6.55371428571429 TMT
Australian Dollar to Turkmenistani Manat Conversion Table
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.