How Much is Berdymuhamedov’s 8 March “Gift” to Turkmen Women Actually Worth?
Turkmenistan’s President Serdar Berdymuhamedov has ordered that female residents of the country receive 60 manats each in honor of March 8, International Women’s Day. At the current market exchange rate of 19.5 manats to the U.S. dollar, this amounts to approximately $3. Officially, the decision is described as recognition of “the great contribution of women in bringing about changes for the prosperity of the country, in raising a healthy and enthusiastic generation devoted to the Motherland, in order to continue the noble traditions of our ancestors in honoring our beloved mothers and dear sisters in the era of the rebirth of a new era of a powerful state.” Payments are scheduled to be distributed between March 2 and March 6. Eligible recipients include women employed in enterprises and organizations regardless of ownership, pensioners and recipients of state benefits, graduate and doctoral students, clinical residents on leave from work, students of the Academy of Public Administration with a term of study of at least two years, as well as schoolgirls, university students, and kindergarten pupils. Turkmen women have received the equivalent of about $3 for the holiday for seven consecutive years. However, since 2019, the cost of food and consumer goods in the country has risen significantly. The official exchange rate of the Turkmen manat has remained fixed at 3.5 manats per dollar since 2015. By that rate, 60 manats would equal approximately $17. However, the widely used parallel market rate currently stands at about 19.5 manats per dollar, reducing the real value of the payment to roughly $3. As a result, the actual purchasing power of the “gift” is significantly lower than the figure implied by calculations based on the official exchange rate. In September 2025, one elder publicly called for an end to increasing such payments, stating that “the social and living conditions of the country’s population have reached a high level.”
