Turkmenistani Manat

The Turkmenistani Manat remained unchanged at 2.85 in April from 2.85 in March of 2014. Turkmenistani Manat averaged 2.20 from 2004 until 2014, reaching an all time high of 2.87 in July of 2012 and a record low of 1.03 in November of 2004. The USDTMT spot exchange rate specifies how much one currency is currently worth in terms of the other. While the USDTMT spot exchange rate is quoted and exchanged in the same day, the USDTMT forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Turkmenistani Manat - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
2.85 2.85 2.87 1.03 2.85 | 2014/05 2004 - 2014 Daily

TO

Turkmenistani Manat
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Markets Last Previous Highest Lowest Forecast Unit
Currency 2.85 2014-04-22 2.85 2.87 1.03 2.85 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Turkmenistan GDP Annual Growth Rate at 10.20 Percent  
The Gross Domestic Product (GDP) in Turkmenistan expanded 10.20 percent in 2013 from the previous year. GDP Annual Growth Rate in Turkmenistan is reported by the National Institute of State Statistics and Information, Turkmenistan.
Turkmenistan Government Spending at 2727205400.00 USD Million  
Government Spending in Turkmenistan increased to 2727205400 USD Million in 2012 from 2499345138 USD Million in 2011. Government Spending in Turkmenistan is reported by the SESRIC.
Turkmenistan GDP Current Prices at 33465715901.00 USD Million  
GDP Constant Prices in Turkmenistan increased to 33465715901 USD Million in 2012 from 28061754386 USD Million in 2011. GDP Constant Prices in Turkmenistan is reported by the SESRIC.
Turkmenistan Consumer Spending at 2212128965.00 USD Million  
Consumer Spending in Turkmenistan increased to 2212128965 USD Million in 2012 from 1038661629 USD Million in 2011. Consumer Spending in Turkmenistan is reported by the SESRIC.
Turkmenistan Exports at 10498.00 USD Million  
Exports in Turkmenistan increased to 10498 USD Million in 2012 from 7620.33 USD Million in 2011. Exports in Turkmenistan is reported by the State Committee of Turkmenistan for Statistics.
Turkmenistan Current Account at 97.00 USD Million  
Turkmenistan recorded a Current Account surplus of 97 USD Million in 2013. Current Account in Turkmenistan is reported by the National Institute of State Statistics and Information, Turkmenistan.
Turkmenistan Imports at 9736.67 USD Million  
Imports in Turkmenistan increased to 9736.67 USD Million in 2012 from 7687.76 USD Million in 2011. Imports in Turkmenistan is reported by the State Committee of Turkmenistan for Statistics.
Turkmenistan Sales Tax Rate at 20.00 Percent  
The Sales Tax Rate in Turkmenistan stands at 20 percent. Sales Tax Rate in Turkmenistan is reported by the Ministry of Finance.
Turkmenistan Balance of Trade at 772.57 USD Million  
Turkmenistan recorded a trade surplus of 772.57 USD Million in 2012. Balance of Trade in Turkmenistan is reported by the State Committee of Turkmenistan for Statistics.
Turkmenistan Unemployment Rate at 2.60 Percent  
Unemployment Rate in Turkmenistan remained unchanged at 2.60 percent in 2004 from 2.60 percent in 2003. Unemployment Rate in Turkmenistan is reported by the National Institute of State Statistics and Information, Turkmenistan.
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LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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