1 TMT to UGX - Convert Turkmenistani Manat to Ugandan Shilling

Looking at the 30-day window, the TMT/UGX pair traded in a range of 1,048.9850 to 1,106.2417. The monthly average was 1,079.7104 with 1.6% volatility. The relatively low volatility indicates stable trading conditions for the TMT/UGX currency pair.

The current mid-market exchange rate is 1 TMT = 1,047.7626 UGX, updated as of July 3, 2026, 10:25 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.

Turkmenistani Manat to Ugandan Shilling Exchange Rate

The TMT/UGX exchange rate tells you how many Ugandan Shilling (UGX) you receive for every Turkmenistani Manat (TMT). At the current mid-market rate of 1 TMT = 1,047.7626 UGX, 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 TMT to UGX Rate

Exchange rates between Turkmenistani Manat and Ugandan Shilling 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 TMT/UGX rate fluctuates throughout trading sessions and over longer time periods.

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. Understanding the fundamentals behind TMT helps contextualize its exchange rate movements against UGX and other currencies.

Ugandan Shilling Overview

The Ugandan Shilling (UGX) is the official currency of Uganda. Coffee exports and remittances from the diaspora are important foreign exchange sources. The UGX exchange rate against TMT reflects relative economic conditions between the two currency areas.

Reverse Rate: UGX to TMT

The reverse exchange rate is 1 UGX = 0.000954 TMT. This is useful if you are starting with Ugandan Shilling and want to know how much Turkmenistani Manat you will receive. Both the forward and reverse rates update simultaneously every 15 minutes on this page. You can also visit our dedicated UGX to TMT converter for the reverse direction.