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1000 Manat
| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1999 |
| Type | Standard circulation coin |
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| Obverse description | Left-facing effigy of President Saparmurat Niyazov, first President of Turkmenistan (1991–2006), portrayed in civilian dress with a draped collar, rendered in moderate relief. The portrait is set within the central field, framed below by a decorative wreath-style border incorporating stylized foliate ornaments. The circular legend surrounding the effigy reads in Latin script: SAPARMYRAT NYÝAZOW TÜRKMENISTANYÑ ILKINJI PREZIDENTI. |
|---|---|
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| Obverse lettering | SAPARMYRAT NYÝAZOW TÜRKMENISTANYÑ ILKINJI PREZIDENTI (Translation: Saparmurat Niyazov the first President of Turkmenistan) |
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| Additional information |
The 1999 1000 Manat appeared just eight years after Turkmenistan's independence from the Soviet Union, during a period when the country's monetary system was still finding its footing. President Niyazov's government had introduced the manat in 1993 to replace the Soviet ruble at a rate of 2 rubles per manat, but chronic inflation quickly eroded lower denominations into irrelevance — a coin denominated at 1000 units was already a practical necessity within a few years of the currency's debut.