Convert Turkmenistani Manat to Bulgarian Lev
Please provide values below to convert Turkmenistani Manat [TMT] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Turkmenistani Manat.
How to Convert Turkmenistani Manat to Bulgarian Lev
1 TMT = 2.09882465819141 BGN
Example: convert 15 TMT to BGN:
15 TMT = 15 × 2.09882465819141 BGN = 31.4823698728712 BGN
Turkmenistani Manat to Bulgarian Lev 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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.