1 MXN to TMT - Convert Mexican Peso to Turkmenistani Manat

Looking at the 30-day window, the MXN/TMT pair traded in a range of 0.194200 to 0.206200. The monthly average was 0.199914 with 1.56% volatility. The relatively low volatility indicates stable trading conditions for the MXN/TMT currency pair.

The current mid-market exchange rate is 1 MXN = 0.200165 TMT, updated as of July 3, 2026, 12:10 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Mexican Peso to Turkmenistani Manat Exchange Rate

The MXN/TMT exchange rate tells you how many Turkmenistani Manat (TMT) you receive for every Mexican Peso (MXN). At the current mid-market rate of 1 MXN = 0.200165 TMT, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the MXN to TMT Rate

Exchange rates between Mexican Peso and Turkmenistani Manat are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the MXN/TMT rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best MXN to TMT Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Mexican Peso Overview

The Mexican Peso (MXN) is the official currency of Mexico and one of the most traded currencies in Latin America. Its exchange rate is significantly influenced by trade relations with the United States and nearshoring trends. Understanding the fundamentals behind MXN helps contextualize its exchange rate movements against TMT and other currencies.

Turkmenistani Manat Overview

The Turkmen Manat (TMT) is the official currency of Turkmenistan, with its value supported by natural gas exports. The currency operates under strict exchange controls. The TMT exchange rate against MXN reflects relative economic conditions between the two currency areas.