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Central Asia > Turkmenistan > Currency Exchange, Cost of Living and Banking

Turkmenistan Flag
Official Turkmenistan currency: Turkmen Manat
ONE U.S. Dollar = 14446 Turkmenistan Manats <> ONE Turkmenistan Manat = 0.0001 U.S. Dollars - January 5, 2009

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Quick facts about the currency in Turkmenistan

Official Currency: Turkmen Manat (TMM)

Review the Banknotes and Coins before you get there! Find out the denominations, as well as possible currency import and export restrictions at Wikipedia

About the Exchange Rates: Turkmen manat (TMM) per US dollar - 6,250 (2007) official rate
note: the commercial rate was 19,800 Turkemen manat per US$ (2007) Communications

Currency Conversion

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Find a Bank in Turkmenistan

Find a Bank in Turkmenistan:
Optimized Google Search

List of Banks in Turkmenistan:
Wikipedia Bank List (if available)

Read about IBAN and SWIFT codes

The IATA (International Air Transport Association) provides reliable information on how much currency you may bring into a country and leave with. Currency regulations for Turkmenistan

Cost of Living in Turkmenistan (2 Locations)

Foreign Per Diem rates are the maximum U.S. dollar
rates for reimbursement of government civilians
traveling on official business in foreign areas.
You may spend more or less depending on your
travel style but it does provide a good indication
for the cost of living you need to anticipate.
Find
more cost of living information at Lonely Planet

Other | Global Rank: 954
Lodging $75 | Breakfast $9 | Lunch $15 | Dinner $24
Ashgabat | Global Rank: 956
Lodging $75 | Breakfast $9 | Lunch $15 | Dinner $24

Locations: Most Expensive | The Least Expensive


Money Snippets of Interest for Turkmenistan :

Inflation Rate: 11.3% (2007 est.)
Unemployment Rate: 60% (2004 est.)
Population below poverty: 30% (2004 est.)

Economy (2006 est.) GDP (PPP - purchasing power parity): $42.84 billion. GDP per capita (PPP): $8,500. GDP real growth rate (IMF estimate): 6%. Note: official government statistics show 21.4% growth, but these estimates are unreliable. Inflation rate: 11%. Agriculture: Products--cotton, grain, livestock, fruit and vegetables. Industry: Types--natural gas, oil, petroleum products, textiles, food processing. Trade: Exports ($5.4 ... Read this Article

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