Convert Turkmenistani Manat to Philippine Peso
Please provide values below to convert Turkmenistani Manat [TMT] to Philippine Peso [PHP], or Convert Philippine Peso to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Philippine Peso
1 TMT = 0.0614657293435636 PHP
Example: convert 15 TMT to PHP:
15 TMT = 15 × 0.0614657293435636 PHP = 0.921985940153454 PHP
Turkmenistani Manat to Philippine Peso 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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.