Convert Turkmenistani Manat to Saint Helena Pound
Please provide values below to convert Turkmenistani Manat [TMT] to Saint Helena Pound [SHP], or Convert Saint Helena Pound to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Saint Helena Pound
1 TMT = 4.72781304876401 SHP
Example: convert 15 TMT to SHP:
15 TMT = 15 × 4.72781304876401 SHP = 70.9171957314602 SHP
Turkmenistani Manat to Saint Helena Pound 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.
Saint Helena Pound
The Saint Helena Pound (SHP) is the official currency of Saint Helena, a British Overseas Territory, and is pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1961, replacing the Saint Helena Pound's predecessor, it has maintained a fixed exchange rate with the British Pound, reflecting the territory's historical and economic ties to the UK.
Current Use
The SHP is used for all local transactions on Saint Helena and is interchangeable with the British Pound Sterling, which is also accepted on the island.