Turkmenistan manat (TMT)

The Turkmenistan manat (ISO code: TMT) is the national currency of Turkmenistan, redenominated in January 2009 at a rate of 1 new manat to 5,000 old manats (TMM). Subdivided into 100 tenge, it was originally introduced in 1993 to replace the Soviet rouble. Issued by the Central Bank of Turkmenistan, the currency operates under official exchange controls established by the state government to maintain domestic price stability.