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SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Economic TimesWorld food prices ease for second month in June·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·SCMPAustralia expects to gain extra US$26 billion from exports after Iran war raises prices·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·
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TMT

Turkmenistani Manat

TMT · Turkmenistan

45
Moderate
Risk
What does this mean for you?

The Turkmenistani Manat is in decent shape overall, scoring 45 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

You need at least 11.5%/yr returns. Money in a basic account is slowly losing value. Calculator ↓

Inflation
10.0%
Debt / GDP
28.0%
GDP Growth
6.3%
FX Volatility
0.6
Governance
-1.8
Reserves
8.0 mo
Analysis
What's working well
Government debt is low — less pressure to print money
Economy is growing healthily
Healthy foreign currency reserves as a safety net
What to watch out for
The official exchange rate doesn't match what people actually pay (1800% gap)
Restrictions on moving your money out of the country
Weak rule of law — harder to trust that the system will protect your money
Full Turkmenistan analysis →

Savings Impact Calculator

TMT
Holding cash in TMT10.0% inflation
TMT 621−TMT 379 (38% purchasing power lost)
Your TMT 1,000 buys 38% less in 5 years
What if you invested TMT 1,000 instead? (5yr, in TMT terms)
USD-denominated assets gain an additional ~7.0%/yr from expected TMT depreciation vs USD
Hold USD Cash
TMT 1217
+TMT 217
+4.0%/yr net in TMT
S&P 500
TMT 2192
+TMT 1192
range: TMT 1051–TMT 4162
10% USD return + 7.0% FX · ±16% vol
Gold
TMT 2011
+TMT 1011
range: TMT 624–TMT 5189
8% USD return + 7.0% FX · ±24% vol
Bitcoin
TMT 4007
+TMT 3007
range: TMT 289–TMT 22.3k
25% USD return + 7.0% FX · ±54% vol

All values in TMT. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~7.0%/yr based on the inflation differential between Turkmenistan (10.0%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how TMT ranks differently.
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