Catalog
10 000 Manat
| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1999 |
| Type | Standard circulation banknote |
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| Obverse description | At centre-right, a portrait vignette of President Saparmyrat Nyýazow (Türkmenbaşy) is set against a multicolour guilloche underprint, with the Türkmenbaşy Presidential Palace rendered in intaglio to the right. The denomination numeral '10000' appears at upper left and lower right within ornate cartouches, framed by intricate geometric and floral border patterns characteristic of Turkmen traditional textile motifs. |
|---|---|
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| Reverse lettering | TÜRKMENISTANYÑ MERKEZI BANKY TÜRKMENISTANYÑ MERKEZI BANKYNYÑ BANKNOTLARYNY GALP ҰOL BILEN ҰASAMAK KANUN BOҰUNÇA YZARLANYLҰAR ON MÜÑ MANAT (Translation: Central Bank of Turkmenistan All forgeries of the banknotes of the Central Bank of Turkmenistan are punishable by law. Ten Thousand Manat) |
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| Comments |
Turkmenistan's 1990s manat series inflated rapidly as the government of Saparmurat Niyazov — Turkmenbashi, "Father of all Turkmen" — pursued an economic policy built on state control of gas revenues and price subsidies so extreme that electricity and water were effectively free. The 10,000 denomination arrived late in that cycle, by which point the manat had lost the vast majority of its purchasing power against the dollar since its introduction in 1993.
Harrison and Sons of High Wycombe had a long history of security printing across former Soviet republics in the post-independence period, supplying several Central Asian states when domestic printing infrastructure did not yet exist.