manats

The rate was disadvantageous for the average person paid in manats who wanted to buy dollars, but a bonus to anyone lucky enough to work for a foreign company.

Oilmen Strike Over Exchange-Rate Change IWPR 2008

TurkmenistanTurkmen manat per US$ - 11,250 (2007), 11,100 (2006) official rate note: in recent years the unofficial rate has hovered around 24,000 to 25,000 Turkmen manats to the dollar

Exchange rates 2008

Until recently, access to US currency was highly prized as it could be used to buy manats at many times the normal official exchange rate of 6,250 to the dollar, using either the black market or the commercial bank rate.

Oilmen Strike Over Exchange-Rate Change IWPR 2008

After a phased shift in the exchange rate, the government imposed a single rate of 14,250 manats to the dollar from May 1 – good news for manat-earners, bad for those paid in dollars, like the oilworkers, who found their purchasing power cut in half.

Oilmen Strike Over Exchange-Rate Change IWPR 2008

This year the government has earmarked 64 billion manats (over 90 million US dollars) for science and education, a third more than last year.

Solar and Wind Power for Gas-Rich State IWPR 2008

For example, a monthly salary of just 200 dollars would translate into 46-48 million manats at the commercial bank rate, a comfortable income for a family.

Oilmen Strike Over Exchange-Rate Change IWPR 2008

Exchange rates: Turkmen manat per US$ - 11,250 (2007), 11,100 (2006) official rate note: in recent years the unofficial rate has hovered around 24,000 to 25,000 Turkmen manats to the dollar

Turkmenistan 2008

Exchange rates: Turkmen manats per US dollar - 5,200 (January 2001),

The 2001 CIA World Factbook United States. Central Intelligence Agency

Turkmen manats per US dollar - 5,200 (January 2001),

The 2001 CIA World Factbook United States. Central Intelligence Agency

Defense expenditures: 4.5 billion manats, 3. 0\% of GDP (1995); note

The 1996 CIA Factbook United States. Central Intelligence Agency