Exchange Rate in Turkmenistan

Turkmenistan Exchange Rate | Economic News & Forecasts

Turkmenistan - Exchange Rate

The economy approached year-end on a solid footing, with the latest figures showing solid growth into Q4 on the back of sturdy industrial gains and buoyant exports. On the external front, improved oil and gas receipts, coupled with import restrictions, look to have enabled a year-end reduction of the current-account deficit. However, growth should ease in the near-term as officials slash government spending in their efforts to transition to a more market-driven economy. The move is part of the government’s seven-year development plan aimed at reducing dependence on hydrocarbons, by diversifying industrial output through private-sector initiatives.

Turkmenistan - Exchange Rate Data

2013  2014  2015  2016  2017  
Exchange Rate (vs USD)2.86  2.85  3.50  3.49  3.50  

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Turkmenistan Exchange Rate Chart

Turkmenistan Exchange Rate
Note: Exchange Rate (vs USD)
Source: Thomson Reuters.

Turkmenistan Facts

Exchange Rate3.500.01 %Jan 14

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