Catalog
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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1999 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Printer | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKMENISTANYÑ MERKEZI BANKY ŞU BANKNOT TÖLEGLERIÑ ÄHLI GÖRNÜŞLERI ÜÇIN ҰÖREҰÄR ON MÜÑ MANAT (Translation: Central Bank of Turkmenistan, This banknote is valid for all types of payments, Ten Thousand Manat) |
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| Protection type | Log in to see details |
| Protection description | President Nyýazow's portrait; embedded security thread |
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| Comments |
Turkmenistan's 1990s manat series inflated rapidly as the government of Saparmurat Niyazov — Turkmenbashi, "Father of all Turkmen" — pursued an economic policy built on state control of gas revenues and price subsidies so extreme that electricity and water were effectively free. The 10,000 denomination arrived late in that cycle, by which point the manat had lost the vast majority of its purchasing power against the dollar since its introduction in 1993.
Harrison and Sons of High Wycombe had a long history of security printing across former Soviet republics in the post-independence period, supplying several Central Asian states when domestic printing infrastructure did not yet exist.