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Exchange rates for the US dollar in Turkmenistan / USD 1 = TMM ... (middle) / up to the end of December 2008

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Time series key BBEX3.D.TMM.USD.CA.AC.000
Unit TMM
Dimension one
Timespan from 2001-01-01 to 2008-12-31
Last update 20.09.2023 02:34:03 PM
   
General The manat is pegged to the US dollar. Currency conversion with effect from 1 January 2009 at the rate of TMM 5,000 = TMT 1.
Source Central Bank of Turkmenistan, Ashgabat.
   
Comment on 2008-12-31 Currency conversion with effect from 1 January 2009 at the rate of TMM 5,000 = TMT 1.
Comment on 2008-05-01 On 1 May 2008, the fixed exchange rate with the US dollar was changed from USD 1 = TMM 6,250 to USD 1 = TMM 14,250; calculated devaluation: 56,1%.
Comment on 2008-01-01 On 1 January 2008, the fixed exchange rate with the US dollar was changed from USD 1 = TMM 5,200 to USD 1 = TMM 6,250; calculated devaluation: 16.8%.