Turkmenistani Manat to Pound Sterling — exchange rate

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

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

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

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More