Convert Philippine Peso to Turkmenistani Manat
Please provide values below to convert Philippine Peso [PHP] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Philippine Peso.
How to Convert Philippine Peso to Turkmenistani Manat
1 PHP = 16.2692285714286 TMT
Example: convert 15 PHP to TMT:
15 PHP = 15 × 16.2692285714286 TMT = 244.038428571429 TMT
Philippine Peso to Turkmenistani Manat Conversion Table
Philippine Peso | Turkmenistani Manat |
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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.
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.