Turkmenistan manat

The manat is the currency of Turkmenistan. It was introduced on 1 November 1993, replacing the Russian ruble at a rate of 1 manat = 500 rubles. The ISO 4217 code was TMM, and the manat was subdivided into 100 tenge. The abbreviation m is sometimes used, e.g., 25 000 m is twenty-five thousand manat.

On January 1, 2009, the new manat was introduced with ISO 4217 code TMT at the rate of 5000 old manat to 1 new manat.

Etymology

The word "manat" is borrowed from the Russian word "монета" "moneta" meaning "coin". Likewise, 'manat' was the name of the Soviet ruble in both Azeri and Turkmen.

Coins

In 1993, coins were introduced in denominations of 1, 5, 10, 20 and 50 tenge. The 1, 5 and 10 tenge were struck in copper-plated-steel, with the higher denominations in nickel-plated-steel. This first series of coins was short lived as their metal value soon became worth more than their actual face value. After a period of high inflation, new coins of 500 and 1,000 manat were introduced in 1999. All coins of this period had to depict a picture of the president by law.

Turkmenistan

Coordinates: 40°N 60°E / 40°N 60°E / 40; 60

Turkmenistan (ⁱ/tɜːrkˈmɛnᵻstæn/ or ⁱ/tɜːrkmɛnᵻˈstɑːn/; Turkmen: Türkmenistan/Түркменистан, pronounced [tyɾkmeniˈθtan]) is a country in Central Asia, bordered by Kazakhstan to the northwest, Uzbekistan to the north and east, Afghanistan to the southeast, Iran to the south and southwest, and the Caspian Sea to the west.

Turkmenistan has been at the crossroads of civilizations for centuries. In medieval times, Merv was one of the great cities of the Islamic world and an important stop on the Silk Road, a caravan route used for trade with China until the mid-15th century. Annexed by the Russian Empire in 1881, Turkmenistan later figured prominently in the anti-Bolshevik movement in Central Asia. In 1924, Turkmenistan became a constituent republic of the Soviet Union, Turkmen Soviet Socialist Republic (Turkmen SSR); it became independent upon the dissolution of the Soviet Union in 1991.

Turkmenistan possesses the world's fourth largest reserves of natural gas resources. Most of the country is covered by the Karakum (Black Sand) Desert. Since 1993, citizens have received government-provided electricity, water and natural gas free of charge.

Turkmenistan (TV channel)

Turkmenistan (Turkmen: Türkmenistan) is a state-owned Turkmenian television channel founded in 2004. As with other channels of Turkmenistan, it is under the control of the Coordinating Council for Television and Radio Broadcasting of the Cabinet of Ministers of Turkmenistan. The channel was created in order to avail the international community with the achievements of Turkmenistan in the country's historical transformations in all spheres of public life, as well as to further improve the country's information systems. Altyn Asyr has positioned itself as the main TV channel of Turkmenistan. Television is broadcast in seven different languages including Turkmen, Russian, English, French, Chinese, Arabic and Persian. The headquarters is located in Ashgabat. The channel doesn't air Watan Habarlary, unlike the other Turkmen channels.

References

External links