Convert Mexican Peso to Turkmenistani Manat
Please provide values below to convert Mexican Peso [MXN] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Mexican Peso.
How to Convert Mexican Peso to Turkmenistani Manat
1 MXN = 5.32691428571429 TMT
Example: convert 15 MXN to TMT:
15 MXN = 15 × 5.32691428571429 TMT = 79.9037142857143 TMT
Mexican Peso to Turkmenistani Manat Conversion Table
Mexican Peso | Turkmenistani Manat |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.