Convert British Pound Sterling to Turkmenistani Manat
Please provide values below to convert British Pound Sterling [GBP] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to British Pound Sterling.
How to Convert British Pound Sterling to Turkmenistani Manat
1 GBP = 0.211485714285714 TMT
Example: convert 15 GBP to TMT:
15 GBP = 15 × 0.211485714285714 TMT = 3.17228571428571 TMT
British Pound Sterling to Turkmenistani Manat Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.