Turkmenistani manat

Manat

Türkmen manady (Turkmen)
100 manat banknote
ISO 4217
Code	TMT (numeric: 934)
Subunit	0.01
Unit
Unit	manat
Plural	The language(s) of this currency do(es) not have a morphological plural distinction.
Symbol	m‎
Denominations
Subunit
1⁄100	tenge
Symbol
tenge	t
Banknotes
Freq. used	1, 5, 10, 20, 50, and 100 manats
Rarely used	500 manats
Coins
Freq. used	1, 2, 5, 10, 20, 50 tenge, 1, 2 manats
Demographics
User(s)	Turkmenistan
Issuance
Central bank	Central Bank of Turkmenistan
Website	www.cbt.tm
Printer	De La Rue
Website	De La Rue
Mint	Royal Mint
Website	The Royal Mint
Valuation
Inflation	8.5%
Source	The World Factbook, 2012 est.
Pegged with	US dollar (USD) US$1 = 3.50 manats

The manat (Turkmen: manat; abbreviation: m; code: TMT) is the currency of Turkmenistan. The original manat was introduced on 1 November 1993, replacing the rouble at a rate of 1 manat = Rbls 500.^{[1][failed verification]} The manat is subdivided into 100 tenge (Turkmen: teňňe).

Due to heavy inflation a new manat was introduced on 1 January 2009 at the rate of 5,000 old manats to 1 new manat.^[2]