Convert Turkmenistani Manat to Swiss Franc
Please provide values below to convert Turkmenistani Manat [TMT] to Swiss Franc [CHF], or Convert Swiss Franc to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Swiss Franc
1 TMT = 4.40306956849918 CHF
Example: convert 15 TMT to CHF:
15 TMT = 15 × 4.40306956849918 CHF = 66.0460435274877 CHF
Turkmenistani Manat to Swiss Franc Conversion Table
Turkmenistani Manat | Swiss Franc |
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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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.