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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1999-2000 |
| Type | Standard circulation banknote |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Log in to see details |
| 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.