Declaration of Independence – October 27, 1991.

Capital - Ashgabat

Area - 488.100 km²

Population - 5 171 940 (2014)

Currency - Turkmenistani Manat (TMT).

1 Manat = 100 tennesi.

The manats were introduced on November 1, 1993. The rubles were replaced by the manats at a rate: 1 Manat = 500 Russian Rubles. The new series of banknotes were issued in 2005. The new manats were issued on January 1, 2009. The new manats replaced the old ones at a rate: 1 New Manat = 5000 Old Manats.

Rates of USA dollar to Turkmenistani Manat:

January 19, 1995 - 1 USD = 3883.48 TMM
January 1, 2001 - 1 USD = 5200.04 TMM
January 1, 2008 - 1 USD = 5200.10 TMM
January 1, 2009 - 1 USD = 2.85 TMT
January 1, 2015 - 1 USD = 2.85 TMT

Current rate