1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 0.5531 TMT (Turkmenistan manat). Manat is the official currency of Turkmenistan. The currency was introduced for the replacement of Russian ruble on 1 November 1993. 1 manat is equal to 500 rubles. The currency was subdivided into 100 tenge. The currency got its name from the Russian word "монеÑа" "moneta" meaning "coin".