Euro to Turkmenistani Manat — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Turkmenistan

Currency Code, Symbol: TMT, T

Denominations of coins in circulation: 1, 2, 5, 10, 20, 50 tenge, 1, 2 manat

Denominations of banknotes in circulation: 1, 5, 10, 20, 50, 100, 500 manat

History: The Turkmen manat (T) is the national currency of Turkmenistan, used only within this country. In the international currency arena and in currency exchange, it is abbreviated to TMT. Tenge serves as change for the Turkmen manat.One TMT equals 100 tenge. The currency has first been issued in 1993. Before that, payments were carried out with the Soviet ruble. After the dissolution of the USSR, the country had to issue its own currency. Periodically, the Treasury of Turkmenistan issues series of commemorative coins. They are minted out of silver, gold, and other precious metal alloys.Read More