Turkmenistan Exchange Rate
Official exchange rate (LCU per US$, period average) PA.NUS.FCRF
Turkmenistan's exchange rate was 5,200.00 in 2001, ranked 199th globally. This represents a 0.0% increase from 2000. Data from World Bank, covering 1994–2001.
Overview
Turkmenistan's exchange rate stood at 5,200.00 in 2001, a rise of +0.00 from 2000. Turkmenistan ranked 199th globally.
Turkmenistan’s official exchange rate surged from a trough of 19.20 in 1994 to an all‑time peak of 5,200.00 in 2001, a rise of more than 27,000 percent over the eight‑year coverage period. The 2001 figure places the country at rank 199 globally, comparable with Paraguay’s 4,105.93 and Lao PDR’s 8,954.58, indicating a markedly depreciated currency relative to many peers. The steep depreciation coincides with the post‑Soviet transition, when macro‑economic reforms, fiscal deficits and the liberalisation of the cotton sector exerted upward pressure on the local unit. Persistent inflation, limited foreign exchange inflows and a narrow export base amplified the devaluation, while the government’s reliance on a fixed, administratively set rate constrained market adjustments. Continued diversification of exports, improvement in fiscal discipline and greater integration into international capital markets could moderate further depreciation and stabilise the exchange‑rate trajectory.
Data & projection
| Year | Exchange Rate | YoY change | Rank |
|---|---|---|---|
| 2001 | 5,200.00 | +0.00 | #199 |
| 2000 | 5,200.00 | +0.00 | #200 |
| 1999 | 5,200.00 | +309.83 | #198 |
| 1998 | 4,890.17 | +746.75 | #198 |
| 1997 | 4,143.42 | +885.75 | #200 |
| 1996 | 3,257.67 | +3,146.75 | #198 |
| 1995 | 110.92 | +91.72 | #151 |
| 1994 | 19.20 | – | #123 |
Detected Pattern
Analysis
Turkmenistan matched the Stagflation Risk pattern in 2002. Historically, 38% of countries showing this pattern (117 out of 307) saw exchange rate improve within 24 months. View full analysis →
Frequently Asked Questions
Turkmenistan's exchange rate was 5,200.00 in 2001. Ranked 199th globally. This represents a 0.0% increase from the previous year.
Turkmenistan's exchange rate peaked at 5,200.00 in 1999.
The lowest exchange rate in Turkmenistan was 19.20 in 1994.
Turkmenistan ranks 199th globally in exchange rate as of 2001.
The World Bank indicator code is PA.NUS.FCRF. Data sourced from World Bank.
The exchange rate of Turkmenistan in 2001 was 5,200.00. This ranks 199th in the world.
Cite this page
@misc{historysaid_turkmenistan_exchange-rate,
title = {Turkmenistan Exchange Rate},
url = {https://historysaid.com/turkmenistan/exchange-rate/},
publisher = {HistorySaid},
year = {2026}
}