ASHGABAT, Turkmenistan, May 31. The total amount of cash withdrawn from ATMs in Turkmenistan from January through March 2024 amounted to 5.11 billion Turkmen manat, which is equivalent to $1.4 billion, Trend reports.
According to the Central Bank of Turkmenistan, this amount is 13 percent more than the same period in 2023 (4.52 billion Turkmen manat, or $1.3 billion).
The largest volume of cash withdrawals through ATMs in the first quarter of this year was carried out by customers of the Dayhanbank State Commercial Bank of Turkmenistan for a total amount of 1.93 billion Turkmen manat ($552 million), which is 22 percent more than in the same period of 2023, which amounted to 1.58 million Turkmen manat ($452 million).
Furthermore, the total amount of cash withdrawn through ATMs in Turkmenistan for the entirety of 2023 amounted to 22.33 billion Turkmen manat ($6.38 billion), which is 13.8 percent more than in the corresponding period of 2022 (19.61 billion Turkmen manat, or $5.6 billion).
Meanwhile, according to the Central Bank of Turkmenistan, the official exchange rate of the Turkmen manat against the US dollar on May 30, 2024, is set at 3.5 manat per USD.