Catalog
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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 2000 |
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| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#14 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKMENISTANYŇ MERKEZI BANKY ŞU BANKNOT TÖLEGLERIŇ ÄHLI GÖRNÜŞLERI ÜÇIN ÝÖREÝÄR ON MÜŇ MANAT (Translation: Central Bank of Turkmenistan, This banknote is valid for all types of payments, Ten Thousand Manat) |
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| Protection type | Watermark |
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| Comments |
The Canadian Bank Note Company printed the bulk of Turkmenistan's early manat series, a relationship that began almost from the moment the country introduced its own currency in 1993 following the Soviet collapse. By 2000, when this note was issued, triple-digit inflation had already rendered lower denominations functionally useless — the 10,000 manat was a direct consequence of chronic monetary instability throughout the late 1990s.
Turkmenistan's currency was entirely non-convertible for most of this period, with an official exchange rate bearing little resemblance to the parallel market. The 2009 redenomination — at 5,000 old manat to one new manat — rendered the entire pre-reform series obsolete overnight.