Currency (Turkmenistan)

The official currency in Turkmenistan is the Turkmen Manat (TMT). Bank notes come in denominations of 1, 5, 10, 20, 50, 100 and 500 . Coins come in denominations of 1, 5, 10, 20 and 50 tenge and also in 1, 2 Manats. 

Here is a reference table of approximate exchange rates (for up-to-date exchange rates, please check before you travel).

1 unit of currency TMT
AU$1 2.28
NZ$1 2.13
US$1 3.49

Correct as of December 2023  


Please Note:

  • Turkmenistan's economy is primarily cash-based. Credit cards and traveller's cheques are only accepted at major hotels.
  • All foreign currency will need to be declared on arrival and departure.
  • Ensure banknotes are in good condition before exchanging or accepting. Only use authorised foreign exchange providers.
  • USD can be readily exchanged.  Exchange any unspent local currency before you leave. You may not be able to exchange local currency outside Turkmenistan.