ASHGABAT, Turkmenistan, May 30. The total volume of non-cash transactions in Turkmenistan within the framework of the digital commerce system from January through March 2024 amounted to 329.8 billion Turkmen manat, or $94.4 million, Trend reports.
Data from the Central Bank of Turkmenistan show that during this period, these figures increased by almost 40 percent compared to the first quarter of 2023, which amounted to 236 million Turkmen manat, or $67.5 million.
During the specified period, the total amount of payments through the mobile banking system amounted to 4.1 million Turkmen manat ($1.1 million), and through the internet banking system, almost 527,600 Turkmen manat ($151,000).
In addition, from January through March this year, the total non-cash turnover through the Halkbank terminal system amounted to 17.4 million Turkmen manat ($5 million), which is more than twice as much as in the same quarter last year (7.7 million Turkmen manat, or $2.2 million).
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.