Changing money on the black market in Turkmenistan can be dangerous however and one must be careful. The table above displays historical exchange rates between the Turkmenistan Manat and the US Dollar. Young Pioneer Tours are the leading budget adventure travel company to off the wall, and off the beaten track destinations. Turkmenistan Manats (TMT) per US Dollar (USD), View a graph which plots historical exchange rates for the Turkmenistan Manat against the US Dollar. The official rate set by Turkmenistan's Central … However at the black market rate it can be a low as 25cents. Well a bottle of Coke is around 6-9 Manat, which at the official rate of 3.5 is around USD2. Between 2008 and 2014, the rate was 2.85 manat per 1 USD. Turkmenistan’s economy is centrally managed and most business decisions appear politically motivated. 1 USD = 3.50000 TMT. It devalued the manat by 19 percent in early 2015. View current exchange rates for the US Dollar. Likewise a packet of pringles is an absurd 30 Manat, which is around USD$8.50, which at the black market rate is as low as USD$1.5 – a much more reasonable price. The absolute up to date on guide, facts and fun information about where we visit and what we do. In a similar move last month, banks in Turkmenistan have limited daily cash withdrawals from MasterCard and Visa cards to $50 and other payments to $200. You'll most likely find it here. It certainly didn’t help that the biggest player in the region, Russia, was having a pretty hard time itself. However every so often police are impersonating money changers to trick vulnerable individuals or, more likely, you’re just being watched by the police. Quite regularly money changers at local markets are arrested and imprisoned. Some bank customers had initially suspected that Visa Inc itself had imposed the new restrictions, but the payments company’s press office said in a statement it was working with Turkmen banks as usual. How much is 1 US Dollar to Turkmenistan Manat? Obviously you wouldn’t go up to the front reception and just openly ask, however a porter taking your bags to your room or a staff member having a sneaky smoke outside is a great stop. Last updated: 2020-09-28 09:00 UTC. The table below shows historical exchange rates between the Turkmenistan Manat (TMT) and the US Dollar (USD) between 4/26/2020 and 10/23/2020, min = 3.4983 (June 12) avg = 3.5060 max = 3.5500 (May 8). Likewise, those trying to change their money with the changers are also detained and at best given large fines, at worst imprisoned or deported. Convert currency 1 USD to TMT. Want to send money? Close: 20.1820: Open: 20.1670: Daily Low: 20.1580: Daily High: 20.1820: Date: 10/16/2020: Day of Week: Friday However in 2015, the government realised that this was unrealistic and increased it to TMT3.5 to USD1. The table currently shows historical exchange rates for US Dollars per 1 Turkmenistan Manat. At the time of writing, the black market exchange rate was 6M to the US dollar. US Dollars (USD) per Turkmenistan Manat (TMT), View a graph which plots historical exchange rates for the US Dollar against the Turkmenistan Manat. The table below shows historical exchange rates between the US Dollar (USD) and the Turkmenistan Manat (TMT) between 4/26/2020 and 10/23/2020, min = 0.28169 (May 8) avg = 0.28523 max = 0.28585 (June 12). Moreover, we added the list of the most popular conversions for visualization and the history table with exchange rate diagram for 1 US Dollar (USD) to Turkmenistan Manat (TMT) from Tuesday, 08/09/2020 till Tuesday, 01/09/2020. Young Pioneer Tours organize a number of Group and independent trips throughout the old Soviet Union, including Chernobyl, Chechnya, Magadan, Tiraspol, and much more. Live Iranian Rial (IRR) Exchange Rates and Gold Price in Iran's Free Market. The isolated desert nation maintains a fixed exchange rate system. Get Iranian Rial rates, charts, and IRR currency converter. Young Pioneer Tours were the FIRST company to pioneer trips to the Unrecognised Countries of Transnistria, Abkhazia, Nagorno-Karakabh, and South Ossetia, and we now offer a number of Group Tours, and independent packages. So, most importantly, you’re travelling to Turkmenistan and don’t want to get ripped off. But cashiers at two Turkmen state-owned banks told a Reuters correspondent this week that the monthly limit on such transfers has now been halved to $500. See here for a complete list of exchanges and delays. Exchange-Rates.org © 2020 MBH Media, Inc. There is also a black market in operation. All quotes delayed a minimum of 15 minutes. The 3.5 rate was realistic for a while before the economic downturn really kicked in, which was in part due to domestic decisions but also in part because of the global decrease in commodity prices, namely gas.