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1000 Manat

Uitgever Central Bank of Turkmenistan
Jaar 1999
Type Standard circulation coin
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Beschrijving voorzijde 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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Opschrift voorzijde SAPARMYRAT NYÝAZOW TÜRKMENISTANYÑ ILKINJI PREZIDENTI
(Translation: Saparmurat Niyazov the first President of Turkmenistan)
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Aanvullende informatie

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.

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