Turkmenistani Manat (TMT) to USD — Turkmenistan Parallel Market Rate
By the ETCurrency rates deskUpdated hourly from P2P & exchange-market dataHow we calculate rates
This page shows how much the Turkmenistani Manat (TMT) is worth in US dollars at Turkmenistan's parallel — or "black market" — exchange rate, updated through the day. It is the reverse of our USD to TMT page and reflects what your Turkmenistani Manat actually fetches in dollars on the street.
Turkmenistan maintains one of the world's widest black-market gaps, with the street manat worth a fraction of the official rate.
How much is the Turkmenistani Manat worth in US dollars today?
To convert Turkmenistani Manat into dollars you divide the amount by the number of TMT it takes to buy one dollar. When the parallel rate is weaker than the official one, each Turkmenistani Manat buys fewer real dollars than the headline official rate implies.
This is why the parallel rate matters for anyone holding Turkmenistani Manat: it shows the real, market-clearing dollar value rather than an official rate that may be hard to obtain.
Why the TMT to USD street rate differs from the bank
When you convert Turkmenistani Manat to dollars at a bank, you get the official Central Bank of Turkmenistan rate — if dollars are available. On the parallel market the dollar is dearer, driven by factors such as a rigid official peg, severe currency restrictions, limited dollar supply, so each Turkmenistani Manat fetches fewer dollars there.
The larger the gap between the two rates, the more the official rate overstates what your Turkmenistani Manat is really worth in dollars.
Converting Turkmenistani Manat to dollars safely
Use our converter to turn any Turkmenistani Manat amount into USD at the live parallel rate, and compare it side by side with the official rate. Exchange-rate figures here are aggregated from P2P platforms, community reports and market monitoring, and refreshed hourly.
These rates are published for information and price-transparency only — they are not an offer to trade and are not legal or financial advice. Many countries require foreign-currency transactions to go through licensed channels, so confirm the rules in Turkmenistan and use reputable providers before converting any Turkmenistani Manat to dollars.