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Turkmen manat black market exchange rates

Posted: Fri Jan 15, 2016 5:39 am
by steven
The Turkmen manat is sliding, and the government has limited exchange of manat into dollar. Official rate remains 3.50 manat to the dollar. On the street, it went up to 4.20 manat. More info -> http://caravanistan.com/money/turkmenistan/

All updates welcome!

Turkmen manat black market exchange rates

Posted: Sat Oct 08, 2016 10:44 am
by karenandmike
6.3 per usd today. at the usual type place.

Re: exchange rates

Posted: Sat Oct 08, 2016 11:54 am
by steven
That is a lot! What do you mean by the usual type place?

Re: Turkmen manat black market exchange rates

Posted: Sat Oct 08, 2016 4:33 pm
by karenandmike
we changed again and got 6.35.
i did not want to be too clear as the money changers may be targeted...however it was outside the main market.

Re: Turkmen manat black market exchange rates

Posted: Sun Oct 09, 2016 8:30 am
by peitzu23
I could provide some information.

On 1th when I entered koyen-Urgench, I just ask around the bazaar to change. And he gave me 6.9 per dollar. I even told him you are wrong it should be 3.5 as I haven't read about black market before.

In Ashgabat, there will be people whisper to you around Russian bazaar. Also the book stand can change. didn't ask the rate.

In Mary, there's LOTS of them outside the bazaar, even shouting at us. For 5. I didn't Change as hotel only took dollars. You don't need very much manat.

Also when they talked about prices. Locals sometims say the number times five. For example the meal is 7manat, they might type 35 on calculator. So it's better just show money to confirm.

Re: Turkmen manat black market exchange rates

Posted: Sun Oct 09, 2016 9:11 pm
by bwv812
This is interesting. I hadn't heard about a black market in Turkmenistan before, either, and it certainly suggests a serious downturn in government/economic stability.

Re: Turkmen manat black market exchange rates

Posted: Mon Oct 10, 2016 6:13 am
by steven
I never exchanged at the bazaar, only at the hotel. They did it for 5. I had heard 5,5 was the max you could get. 6,9 is much better though!

Re: Turkmen manat black market exchange rates

Posted: Mon Apr 03, 2017 4:45 am
by Stefvdp
7 was widespread in march. In mary and and turkmenabat this was easy.

Once we really really haggled hard and a guy at mary bazaar was willing to give 8.6,
50 dollar for 430 maat

Re: Turkmen manat black market exchange rates

Posted: Wed Apr 05, 2017 12:18 am
by tk_suban
Managed to get 7.4 in March 2017 in Ashgabat.

Re: Turkmen manat black market exchange rates

Posted: Mon May 08, 2017 9:09 am
by brigante32
Sarachs (6,9 - 1.05.2017) selling
Garabogaz (7,1 - 5.05.2017) byuing