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Turkmenistan Manat (TMT)

The official currency of Turkmenistan, abbreviated as TMT and issued by the Central Bank of Turkmenistan. The manat operates under a tightly managed exchange rate regime, with the government maintaining an official peg that often diverges from black-market rates. Turkmenistan's economy is heavily dependent on natural gas exports, making the currency sensitive to energy commodity prices.

Example

Official USD/TMT rates remained fixed at 3.50, though unofficial market rates indicated the manat was trading at a significant discount.