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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 2009 |
| 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 |
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| In circulation to | Log in to see details |
| Reference(s) | P#22 |
| Obverse description | At center-right, a vignette portrait of Seljuk sultan Muhammet Togrul Beg Türkmen (994–1063); the national emblem of Turkmenistan is placed to the left, with a map of Turkmenistan rendered in the lower portion of the design. The face is set against a multicolored guilloche underprint with ornamental patterning in the dominant color scheme of the series. |
|---|---|
| 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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| Comments |
Turkmenistan's 2009 redenomination replaced the old manat at a rate of 5,000 to 1 — one of the more dramatic revaluations of the post-Soviet period, introduced under Gurbanguly Berdimuhamedow's government as part of a broader effort to stabilize an economy long distorted by Soviet-era subsidies and state-controlled pricing. The new series, printed by De La Rue, was introduced on 1 January 2009 alongside the country's first genuinely convertible exchange rate mechanism.
At the 1 manat level, a watermark remains the sole security feature — modest by De La Rue's own standards for the period.