Turkmenistani Manat in Zambian Kwacha

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.

ZMW Zambian Kwacha

Country of application:
Zambia

Coin denominations in circulation:
5, 10, 50 ngwe and 1 kwacha.

Denominations of banknotes in circulation:
2, 5, 10, 20, 50, 100 kwacha.

History reference:
The Zambian kwacha is the currency of the Republic of Zambia. 1 kwacha is made up of 100 ngwee. The kwacha has been the currency of Zambia since 1968, when it replaced the Zambian pound (exchange rat...e: 1 pound = 2 kwacha). Kwacha means "freedom" in one of the local dialects. On January 1, 2013, the kwacha was denominated with a change in its codes in the ISO 4217 standard: new letter code - ZMW (old - ZMK)