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500 Manat Oguz Khan
| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 2001 |
| Type | Log in to see details |
| Value | 500 Manat (500 TMM) |
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| Composition | Log in to see details |
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| Obverse description | Left-facing bust of President Saparmurat Niyazov, first and lifelong President of Turkmenistan (1991–2006), rendered in high relief against a polished proof field. The effigy is unadorned and depicted in contemporary dress, occupying the central field. A circular legend in Latin script arcs around the upper portion of the coin, while the president's name appears along the lower arc, flanked on each side by a decorative laurel branch motif. |
|---|---|
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| Edge | Reeded |
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| Additional information |
Introduced three years after Turkmenistan adopted the manat as its national currency in 1993, this commemorative honors Oghuz Khan — the semi-legendary ancestor-figure whose mythologized lineage underpins Turkmen national identity as actively constructed under Saparmurat Niyazov's presidency. Niyazov, who styled himself Turkmenbashi ("Father of all Turkmens"), systematically deployed ancient Oghuz heritage in state symbolism throughout the 1990s and early 2000s, culminating in his 2001 book *Ruhnama*, which reframed Oghuz Khan as a direct spiritual progenitor of the Turkmen people.
The 500 manat face value was purely nominal — equivalent to a fraction of a US cent at 2001 exchange rates.