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Exchange rates for the euro in Turkmenistan / EUR 1 = TMM ... (middle) / up to 2008

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Time series key BBEX3.A.TMM.EUR.CA.AC.A04
Unit TMM
Dimension one
Timespan from 1999 to 2008
Last update 20.09.2023 12:50:58 PM
   
General Currency conversion with effect from 1 January 2009 at the rate of TMM 5,000 = TMT 1; for exchange rates as of 2009, see BBEX3:A:TMT:EUR:CA:AC:A04.
Methodology Calculated on the basis of mid-month and month-end rates, until 2000 on the basis of month-end rates.
Source Central Bank of Turkmenistan, Ashgabat.
   
Comment on 2008 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%. 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%. Currency conversion with effect from 1 January 2009 at the rate of TMM 5,000 = TMT 1.