Skip to main content

TMT to EUR - Turkmenistan Manat to Euro Converter

Convert Turkmenistan Manat to Euro with daily ECB exchange rates

1 TMT = ~0.2399 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

TMT to EUR crossings are usually a modest cross with limited liquidity. For quick estimates, 100 TMT is a small amount in EUR; always check live rates for accuracy.

Track ECB and Turkmenistan policy changes; use rate alerts for large transfers.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common TMT - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

FX rates hinge on Turkmenistan policy, ECB actions, energy exports, inflation differentials, and global risk sentiment. Market liquidity and official controls shape the spread.

Economic Context

Trading Relationship

The Turkmenistan economy exports energy to Europe, including gas and related services, influencing FX demand. The EUR moves with energy demand and global commodity cycles.

Key Rate Factors

  • •Central bank policy and FX controls in Turkmenistan
  • •European Central Bank monetary policy
  • •Energy export volumes and pricing
  • •Inflation differentials
  • •Global risk sentiment and sanctions environment

Central Banks

Central Bank of Turkmenistan
Ashgabat, Turkmenistan
Manages monetary policy, currency issuance and banking regulation.
European Central Bank
Frankfurt, Germany
Sets monetary policy for the euro area and guides price stability for member economies.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates