Convert Turkmenistani Manat to Peruvian Nuevo Sol
Please provide values below to convert Turkmenistani Manat [TMT] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Peruvian Nuevo Sol
1 TMT = 0.98378165668831 PEN
Example: convert 15 TMT to PEN:
15 TMT = 15 × 0.98378165668831 PEN = 14.7567248503246 PEN
Turkmenistani Manat to Peruvian Nuevo Sol Conversion Table
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.