Catalog
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| Issuer | Central State Bank of Turkmenistan |
|---|---|
| Year | 1993 |
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| Composition | Log in to see details |
| Size | 125 × 62.5 mm |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | TÜRKMENISTANYÑ MERKEZI DÖWLET BANKY ŞU BANKNOT TÖLEGLERIÑ ÄHLI GÖRNÜŞLERI ÜÇIN ÝÖREYÄR BÄŞ MANAT |
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| Protection description | Horse rearing on its hind legs |
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| Comments |
Turkmenistan's first banknote series appeared in November 1993, months after independence from the Soviet Union, replacing the Russian ruble at a rate of 2 manat per ruble. De La Rue produced the notes under considerable time pressure — the government had been using Soviet-era transitional coupons and needed a permanent currency quickly. The watermark is the sole security feature, a minimalist specification that reflected budget constraints rather than any assessment of counterfeiting risk in a newly sovereign state.
Pick #2 is among the more common denominations from this inaugural series, though early issues are prone to edge wear given the light paper stock used.