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1 Manat

Issuer Central State Bank of Turkmenistan
Year 1993
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Size 120 × 60 mm
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Reverse lettering TÜRKMENISTANYÑ MERKEZI DÖWLET BANKY TÜRKMENISTANYÑ MERKEZI DÖWLET BANKYNYÑ BANKNOTLARYNY GALP YOL BILEN ÝASAMAK KANUN BOÝUNÇA YZARLANYLÝAR BIR MANAT
(Translation: Central State Bank of Turkmenistan, All forgeries of the banknotes of the Central State Bank of Turkmenistan are punishable by law, One Manat)
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Protection description Horse rearing on its hind legs
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Comments

The first banknote issued by an independent Turkmenistan, this 1 Manat was part of the inaugural series printed by the Canadian Bank Note Company — an Ottawa firm that secured a significant share of post-Soviet central Asian printing contracts in the early 1990s as newly sovereign states scrambled to establish currencies. Turkmenistan had only formally introduced the manat in November 1993, replacing Soviet rubles at a rate of 500 rubles to 1 manat.

The watermark is the sole security feature — modest by any measure, but not unusual for a first issue produced under considerable time pressure.

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