Convert Turkmenistani Manat to Tanzanian Shilling
Please provide values below to convert Turkmenistani Manat [TMT] to Tanzanian Shilling [TZS], or Convert Tanzanian Shilling to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Tanzanian Shilling
1 TMT = 0.00136180348226379 TZS
Example: convert 15 TMT to TZS:
15 TMT = 15 × 0.00136180348226379 TZS = 0.0204270522339569 TZS
Turkmenistani Manat to Tanzanian Shilling 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.
Tanzanian Shilling
The Tanzanian Shilling (TZS) is the official currency of Tanzania, used for everyday transactions within the country.
History/Origin
Introduced in 1966, replacing the East African Shilling, the Tanzanian Shilling has undergone various redenominations and reforms to stabilize the economy and modernize the currency system.
Current Use
Today, the Tanzanian Shilling is widely used in Tanzania for all forms of financial transactions, including cash payments, banking, and trade, and is managed by the Bank of Tanzania.