Convert New Taiwan Dollar to Turkmenistani Manat
Please provide values below to convert New Taiwan Dollar [TWD] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Turkmenistani Manat
1 TWD = 8.39 TMT
Example: convert 15 TWD to TMT:
15 TWD = 15 × 8.39 TMT = 125.85 TMT
New Taiwan Dollar to Turkmenistani Manat Conversion Table
New Taiwan Dollar | Turkmenistani Manat |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.
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.