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50 Manat
| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 2005 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | P#17 |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A full-bodied Akhal-Teke stallion stands in profile at centre-left, rendered in warm chestnut tones with characteristic dappling, set against a vignette of the Ashgabat hippodrome grandstand. The background carries a complex geometric guilloche in violet and lilac hues with traditional Turkmen carpet motifs running along the lower border panel, while the numeral '50' appears in a dark inset panel at upper right. |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| Comments |
Turkmenistan's 2005 banknote series was issued under Saparmurat Niyazov — "Turkmenbashi" — whose personality cult at the time rivaled almost anything in the post-Soviet world. The Central Bank operated under extraordinary political constraints during this period, with monetary policy effectively subordinate to Niyazov's state-building projects and the revenue flows from natural gas exports.
De La Rue's involvement brought professional security printing to a country that had only established its own currency, the manat, in 1993 after breaking from the Soviet ruble zone. The watermark is the sole listed security feature — relatively sparse for a mid-2000s high-denomination note.