Convert United States Dollar to Turkmenistani Manat
Please provide values below to convert United States Dollar [USD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to United States Dollar.
How to Convert United States Dollar to Turkmenistani Manat
1 USD = 0.285714285714286 TMT
Example: convert 15 USD to TMT:
15 USD = 15 × 0.285714285714286 TMT = 4.28571428571429 TMT
United States Dollar to Turkmenistani Manat Conversion Table
| United States Dollar | Turkmenistani Manat |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.