GEL to TMT
Currency conversion rates from GEL to TMT
|1 GEL||1 TMT|
|5 GEL||5 TMT|
|10 GEL||10 TMT|
|20 GEL||20 TMT|
|50 GEL||50 TMT|
|100 GEL||100 TMT|
|250 GEL||250 TMT|
|500 GEL||500 TMT|
|1000 GEL||1000 TMT|
|2000 GEL||2000 TMT|
|5000 GEL||5000 TMT|
|10000 GEL||10000 TMT|
|1 TMT||1 GEL|
|5 TMT||5 GEL|
|10 TMT||10 GEL|
|20 TMT||20 GEL|
|50 TMT||50 GEL|
|100 TMT||100 GEL|
|250 TMT||250 GEL|
|500 TMT||500 GEL|
|1000 TMT||1000 GEL|
|2000 TMT||2000 GEL|
|5000 TMT||5000 GEL|
|10000 TMT||10000 GEL|
GEL - Georgian Lari (GEL)
The Georgian lari is the official currency of the country of Georgia. It’s most commonly converted to the US dollar. The currency code for the lari is GEL, and its sign is ლ. The sign was introduced by the Governor of the National Bank of Georgia (NBG) in July 2014. It’s a three-quartered circle open in the lower-right-hand quadrant. It has two vertical parallel lines at its crest and rests on a platform the length of its diameter. It was conceived as part of a sign design contest that began in 2013. It was meant to be easy to construct and to be reminiscent of the Georgian alphabet.
The Lari is the basic monetary unit of Georgia. The word derives from an old native word meaning hoard. It is divided into 100 teri, the currency used in Georgia during the 13th century.
The Georgian Lari is the currency in Georgia (GE, GEO). The Georgian Lari is divided into 100 tetri. The exchange rate for the Georgian Lari was last updated on May 24, 2019 from Yahoo Finance. The GEL conversion factor has 5 significant digits.
- The largest sector of the Georgian economy is the service industry, with wholesale and retail leading the sector.
- Other industries include agriculture, mining, manufacturing, and fishing.
- Georgia has become a leading producer of eggs and broiler chickens, as well as a primary producer of beef cattle, hogs, and milk.
- Although Georgia was severely damaged economically by civil strife, the country has recovered with the help of the IMF and the World Bank.
- Since 1995, Georgia has achieved positive GDP growth and has minimized inflation.
- On October 2, 1995 the Georgian Lari became the official currency of Georgia.
- It replaced the provisional coupon currency which was the kupon Lari, the currency that had replaced the Russian Ruble on April 5, 1993.
- Eduard Shevardnadze’s government was in power during the establishment of the currency.
- The coins in circulation are 1, 2, 5, 10, 20, and 50 tetri, and 1 and 2 Lari.
- Commonly used banknotes are 5, 10, 20, and 50 Lari.
- The 1, 2, 100, and 200 Lari banknotes are rarely used.
TMT - Turkmenistani Manat (TMT)
Turkmenistan New Manat (TMT) is equivalent to the old Turkmenistan Manat (TMM) on a basis of 1 Turkmenistan new Manat (TMT) = 5,000 Turkmenistan manat (TMM). The currency symbol is m. Turkmenistan is one of the six independent Turkic states. It is bordered by Afghanistan and Iran to the south, Uzbekistan and Kazakhstan to the north, and the Caspian sea to the west.
The Turkmenistan Manat is the currency in Turkmenistan (TM, TKM). The Turkmenistan Manat is divided into 100 tenga. The exchange rate for the Turkmenistan Manat was last updated on May 24, 2019 from Yahoo Finance. The TMT conversion factor has 2 significant digits.
- Turkmenistan's economy is primarily agronomic. Agriculture accounts for nearly half of the gross domestic product (GDP) and more than two-fifths of total employment. Industry accounts for about one-fifth of the gross domestic product.
- Turkmenistan has the fourth-largest reserves of natural gas in the world.
- Turkmenistan is the world’s tenth largest producer of cotton; approximately half of the country’s irrigated farmland is planted with cotton.
- The Turkmenistan economy places great emphasis on foreign economic relations and foreign trade and it hasan open-door trade policy. The most prominent trade partners of Turkmenistan are the United States, Turkey, Switzerland, Hong Kong, Germany, and the United Kingdom.
- The old Turkmenistan Manat (TMM) was introduced on November 1, 1993, replacing the Russian Ruble at a rate of 1 Manat = 500 Rubles.
- In 1993, notes were introduced in denominations of 1, 5, 10, 20, 50, 100 and 500 Manat. These were followed by notes for 1,000 Manat in 1995 and 5,000 and 10,000 Manat in 1996.
- In 2005, a new series of notes was introduced in denominations of 50, 100, 500, 1000, 5000, and 10,000 Manat.
- The Turkmenistan New Manat was introduced in 2009. Notes are printed in denominations of 1, 5, 10, 20, 50, 100, and 500 New Manat.