The manat is the currency unit of Turkmenistan. It was introduced on November 1, 1993. A Turkmen manat (TMM) is made up of 100 tenesi. Presently, banknotes are issued in denominations of 1, 5, 10, 20, 50, 100, 500, 1000, 5000 and 10000 manat. All notes bear a portrait of president Saparmurat Niyazov.
The word Manat is borrowed from the Russian word "moneta" which is pronounced as "manyeta" in Russian meaning "coin".
Manat was also the designation of the Soviet rouble in both Azeri and Turkmen.
See also: Manat (Azerbaijan)
External links and references
