Currency  ·  TMT to USD

TMT to USD Exchange Rate

The Turkmenistan manat has been officially pegged to the US dollar since 2009, with the government fixing the rate at 3.5 manat per dollar. What makes this pair unusual is that the manat is a closed, non-convertible currency, and its unofficial market rate has historically diverged sharply from the government-set peg. The figure below reflects the official fixed rate used for informational comparison, not necessarily what the currency trades for on the ground.

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Turkmenistan Manat (TMT) ↔ US Dollar (USD)

Turkmenistan Manat (TMT) → US Dollar (USD)

Convert TMT to USD Online

Enter any amount above to convert Turkmenistan Manat (TMT) to US Dollars (USD), or vice versa.

About This Reference Rate

The number shown reflects Turkmenistan's official, government-fixed exchange rate rather than a market price you'd find quoted on international exchanges. Turkmenistan's central bank has held this peg steady since 2009, but an unofficial market rate has at times diverged from it substantially, so this figure is best used for rough comparison. Rate source: compiled from publicly available currency market data. Anyone handling an actual transaction involving manat should work directly with a bank inside Turkmenistan or a licensed exchange authority. This page is offered as a general reference and isn't financial advice. Because the Turkmenistan manat is a closed, government-pegged currency, treat this figure as a comparison tool rather than a rate available through international exchange, and confirm actual transaction details with a bank inside Turkmenistan.

Why People Look Up This Pair

A few specific situations explain most of the interest in comparing these two currencies.

Exporting Natural Gas or Cotton

Turkmenistan's economy runs heavily on natural gas, petrochemical, and cotton exports. Businesses in these sectors are often paid in dollars and need a rough sense of what that revenue is worth once converted into manat for local payroll and taxes.

Comparing Costs Before a Trip

Turkmenistan is one of the most restricted-access countries in the world, and manat can't be purchased outside its borders. Visitors typically arrive with dollars or euros and exchange them locally, so knowing a rough conversion still helps with budget planning ahead of time.

Understanding Remittance Value

Turkmen citizens working abroad want to know what a dollar transfer will actually be worth once it reaches a manat account back home. Because the currency is tightly controlled, this conversion matters more for planning than for any transaction happening outside the country.

Manat Amounts Converted to US Dollars

A rounded reference table for common amounts, based on the official rate discussed above.

Amount (TMT)FormulaResult (USD)
10 TMT to USD10 ÷ 3.50$2.86
50 TMT to USD50 ÷ 3.50$14.29
100 TMT to USD100 ÷ 3.50$28.57
500 TMT to USD500 ÷ 3.50$142.85
1,000 TMT to USD1,000 ÷ 3.50$285.70
5,000 TMT to USD5,000 ÷ 3.50$1,428.50
10,000 TMT to USD10,000 ÷ 3.50$2,857.00
50,000 TMT to USD50,000 ÷ 3.50$14,285.00
100,000 TMT to USD100,000 ÷ 3.50$28,570.00

Frequently Asked Questions

What is a recent TMT to USD exchange rate?

About 0.2857 US dollars per Turkmenistan manat, based on the official rate the government has held at 3.5 manat per dollar since 2009. This figure is meant for comparison rather than a rate you'd actually receive from an international exchange.

How much is 100 TMT in US dollars?

100 manat comes to roughly $28.57 at the official rate used here. This is useful for budgeting purposes even though you generally can't exchange manat for dollars outside Turkmenistan.

How much is 1,000 TMT in US dollars?

1,000 manat converts to about $285.70 at the rate shown on this page. Amounts around this size commonly come up in business payments or larger remittance comparisons.

Why is the Turkmenistan manat pegged to a fixed rate?

Turkmenistan's central bank has managed the manat under a fixed peg to the US dollar since 2009 as part of tight state control over the currency and capital flows in and out of the country.

Is there a difference between the official and unofficial manat rate?

Yes. Turkmenistan's official rate is fixed by the government, but an unofficial market rate has at times diverged from it substantially, since the manat isn't freely traded and access to dollars is restricted domestically.

What happens to leftover manat when I leave Turkmenistan?

Travelers are generally expected to convert unused manat back into dollars or euros before departing, since the currency typically can't be exchanged once outside the country. Currency exchange counters handle this before departure.

What affects the TMT to USD official rate?

The rate itself is set by government policy rather than open market trading, so it stays fixed unless Turkmenistan's central bank decides to formally adjust the peg, which has happened only rarely in recent history.

Where can I exchange dollars for manat?

Banks and licensed exchange points inside Turkmenistan handle this for visitors and residents. Since the currency can't be sourced abroad, this exchange has to happen once you've actually arrived.

Can businesses lock in a TMT to USD rate for a future payment?

This is uncommon given the manat's restricted and pegged status, since standard tools like forward contracts rely on an openly traded currency. Many companies working with Turkmen partners price contracts directly in dollars to avoid the issue.

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