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1 Manat Neutrality

Issuer Central Bank of Turkmenistan
Year 2020
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Size 120 × 60 mm
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Obverse description The state coat of arms of Turkmenistan and a map of the country occupy the central field, accompanied by a commemorative logo at left marking the neutrality anniversary. A vignette of Muhammet Togrul Beg Türkmen appears alongside the primary design elements. The face value and issuing authority are rendered in Turkmen script within guilloche underprint borders.
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Reverse lettering TÜRKMENISTANYŇ MERKEZI BANKY XXI ASYR – TÜRKMENIŇ ALTYN ASYRY BIR MANAT TÜRKMENBAŞY HALKARA DEŇIZ PORTY TÜRKMEN ÄLEM 52°E
(Translation: Central Bank of Turkmenistan, The 21st century is the golden age of the Turkmen, One Manat)
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Comments

Turkmenistan's 2020 redenomination replaced the 2009 manat series at par, an unusual move — redenominations typically address hyperinflation or significant devaluation, neither of which applied here. The official rationale centered on updated security features and a thematic refresh tied to state iconography, though the timing also aligned with the 25th anniversary of Turkmenistan's permanent neutrality status, recognized by the UN in December 1995 and reaffirmed in 1995 and 2015.

Thomas De La Rue has printed Turkmenistan's banknotes since the manat's introduction in 1993, making the relationship one of the longer-standing sovereign printing contracts in Central Asia.

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