Convert Turkmenistani Manat to Namibian Dollar
Please provide values below to convert Turkmenistani Manat [TMT] to Namibian Dollar [NAD], or Convert Namibian Dollar to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Namibian Dollar
1 TMT = 0.199240608651596 NAD
Example: convert 15 TMT to NAD:
15 TMT = 15 × 0.199240608651596 NAD = 2.98860912977395 NAD
Turkmenistani Manat to Namibian Dollar Conversion Table
| Turkmenistani Manat | Namibian Dollar |
|---|
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.
Namibian Dollar
The Namibian Dollar (NAD) is the official currency of Namibia, used for all monetary transactions within the country.
History/Origin
Introduced in 1993, replacing the South African Rand at par, the Namibian Dollar was established to establish a distinct national currency following independence from South Africa.
Current Use
The NAD is widely used in Namibia for everyday transactions, banking, and trade, and is pegged at par with the South African Rand, which is also accepted in Namibia.