Convert Turkmenistani Manat to Chinese Yuan
Please provide values below to convert Turkmenistani Manat [TMT] to Chinese Yuan [CNY], or Convert Chinese Yuan to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Chinese Yuan
1 TMT = 0.487879674932742 CNY
Example: convert 15 TMT to CNY:
15 TMT = 15 × 0.487879674932742 CNY = 7.31819512399113 CNY
Turkmenistani Manat to Chinese Yuan Conversion Table
| Turkmenistani Manat | Chinese Yuan |
|---|
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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).