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The manat is the currency unit of Turkmenistan. It was introduced on November 1, 1993. A Turkmen manat (TMM) is made up of 100 tenge. Presently, banknotes are issued in denominations of 1, 5, 10, 20, 50, 100, 500, 1000, 5000 and 10000 manat, coins are existing in the denominations of 500 and 1000 manat (1999). All notes bear a portrait of president Saparmurat Niyazov. The word unit means any of several things: Unit of measurement or physical unit, a fundamental quantity of measurement in science or engineering. ...
A £20 Ulster Bank banknote. ...
Saparmurat Atayevich Niyazov [sap-ar-moor-at ni-yaz-ov] (Turkmen Saparmyrat Ataýewiç Nyýazow; Russian: СапаÑмÑÑÐ°Ñ ÐÑÐ°ÐµÐ²Ð¸Ñ ÐиÑзов) (born February 19, 1940) has been the most powerful figure in Turkmenistan since 1985. ...
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. Soviet redirects here. ...
1998 Russian Federation one rouble coin. ...
Note: This page contains phonetic information presented in the International Phonetic Alphabet (IPA) using Unicode. ...
The Manat has a large disparity between its official and black market rates, with the latter being roughly 21% of the official. This results in few institutions outside Turkmen Governmental control supporting the official rate. Although a few multinational companies support it too (such as British Airways), but generally only for purchases by Turkmen passport holders in the country itself. The black market is the sector of economic activity involving illegal economic dealings, typically the buying and selling of merchandise illegally. ...
See also: Manat (Azerbaijan) The manat is the currency unit of Azerbaijan. ...
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