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5000 Manat

Issuer Central Bank of Turkmenistan
Year 1999-2000
Type Standard circulation banknote
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Protection type Watermark
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Variants P#12a - 1999
P#12b - 2000
Comments

Turkmenistan's first banknote series, introduced after independence from the Soviet Union in 1993, carried portraits of Saparmurat Niyazov — "Turkmenbashi" — on every denomination. By the time this high-value note entered circulation in 1999–2000, Niyazov's cult of personality had become one of the most extreme in the post-Soviet world, and the currency itself functioned partly as a political tool, reinforcing his image in daily transactions.

The manat suffered severe inflation throughout the 1990s, which is precisely why a 5000-manat note existed at all. A watermark-only security profile on a high denomination was thin protection by that point, and counterfeiting was a documented concern across the series.

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