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1000 Manat
| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1995 |
| Type | Log in to see details |
| Value | Log in to see details |
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| In circulation to | Log in to see details |
| Reference(s) | P#8 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKMENISTANYÑ MERKEZI BANKY ŞU BANKNOT TÖLEGLERIÑ ÄHLI GÖRNÜŞLERI ÜÇIN ҰÖREҰÄR BIR MÜÑ MANAT (Translation: Central Bank of Turkmenistan, This banknote is valid for all types of payments, One Thousand Manat) |
| Reverse description | The State Emblem of Turkmenistan occupies the central vignette, incorporating a representation of the Akhal-Teke stallion Yanardag (foaled 1991), formerly owned by President Nyýazow, set within the traditional heraldic composition. Ornamental guilloche patterns and Turkmen inscriptions frame the design, with the denomination stated at lower center. |
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| Comments |
The Canadian Bank Note Company printed the entire initial Manat series for Turkmenistan following independence from the Soviet Union, with this high-denomination note appearing in 1995 as the young republic's currency was still finding its footing. Hyperinflationary pressure from the post-Soviet transition meant the 1000 Manat, though nominally large at issue, eroded in purchasing power rapidly — a second series and then a redenomination followed within a decade.
The 2009 redenomination replaced these at 5000 old Manat to 1 new Manat, which gives some sense of how far the currency had traveled from this note's original value.