Turkmenistani Manat in Hong Kong Dollar

TMT Turkmenistani Manat

Country of application:
Turkmenistan

Coin denominations in circulation:
2 and 1 manat, as well as 50, 20, 10, 5, 2 and 1 tenge.

Denominations of banknotes in circulation:
500, 100, 50, 20, 10, 5 and 1 manat.

History reference:
Manat is the monetary unit (national currency) of Turkmenistan. The manat was put into circulation on November 1, 1993. Until that time, since the declaration of independence, Soviet and Russian rubl...es were in circulation in Turkmenistan as a means of payment. The exchange of rubles for manats was carried out in the ratio: 1 manat = 500 rubles, maximum one adult citizen of Turkmenistan could receive up to 60 manats. On November 1, 1993, a new monetary unit, the manat, was put into circulation. All banknotes had the image of Saparmurat Niyazov, the former president of the republic. In January 2009, the government of Turkmenistan carried out a denomination in the proportion of 1 manat of the new model = 5,000 manat of the old model.

HKD Hong Kong Dollar

Country of application:
Hong kong, macau

Coin denominations in circulation:
10, 20, 50 cents, 1, 2, 5, 10 dollars.

Denominations of banknotes in circulation:
10, 20, 50, 100, 500, 1000 dollars.

History reference:
The Hong Kong dollar is the currency of Hong Kong (the full name of the Hong Kong Special Administrative Region of the Peoples Republic of China) - from 1895 to the present day in the forex market wi...th a break during World War II, when the military yen was introduced during the Japanese occupation. At its inception, the Hong Kong dollar was equal to 24.2611 grams of pure silver. After the abolition of the silver standard in 1935, the ratio was already established to the pound sterling at 1 dollar to 15 pence. Hong Kong dollars are also in circulation in the Administrative Region of Macau on a semi-legal basis. The fact is that quite a few Hong Kong residents come to Macau by ferry, especially on weekends. The pataca (Macau) exchange rate is equal to the HKD exchange rate, and therefore, outlets accept both Hong Kong dollars and pataca without any problems.