1 Dolar Manat -
: The value is heavily influenced by Azerbaijan's oil and gas exports and is tightly managed by the Central Bank of Azerbaijan .
: Due to strict foreign exchange limits, a parallel market exists. Historically, this "black market" rate has been significantly higher, sometimes reaching over 30 TMT per dollar. 1 dolar manat
: The government-fixed rate has remained at 1 USD = 3.51 TMT since 2015. : The value is heavily influenced by Azerbaijan's
The situation with the Turkmenistani manat is more complex due to a dual-rate system. : The government-fixed rate has remained at 1 USD = 3
: The Central Bank of Turkmenistan maintains the official peg, while market dynamics drive the unofficial rate. 1 USD equals As of May 8, 8:58 AM GMT+9 • Disclaimer May 8, 2026 Key Differences at a Glance Google Finance
The Azerbaijani manat has been one of the most stable currencies in the Caspian region for several years. : As of May 8, 2026, 1 USD = 1.70 AZN .