Convert Saudi Riyal to Turkmenistani Manat
Please provide values below to convert Saudi Riyal [SAR] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Saudi Riyal.
How to Convert Saudi Riyal to Turkmenistani Manat
1 SAR = 1.07142857142857 TMT
Example: convert 15 SAR to TMT:
15 SAR = 15 × 1.07142857142857 TMT = 16.0714285714286 TMT
Saudi Riyal to Turkmenistani Manat Conversion Table
| Saudi Riyal | Turkmenistani Manat |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.