Convert Turkmenistani Manat to Saudi Riyal
Please provide values below to convert Turkmenistani Manat [TMT] to Saudi Riyal [SAR], or Convert Saudi Riyal to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Saudi Riyal
1 TMT = 0.933333333333333 SAR
Example: convert 15 TMT to SAR:
15 TMT = 15 × 0.933333333333333 SAR = 14 SAR
Turkmenistani Manat to Saudi Riyal Conversion Table
| Turkmenistani Manat | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.