10 000 Manat

The Canadian Bank Note Company printed the bulk of Turkmenistan's early manat series, a relationship that began almost from the moment the country introduced its own currency in 1993 following the Soviet collapse. By 2000, when this note was issued, triple-digit inflation had already rendered lower denominations functionally useless — the 10,000 manat was a direct consequence of chronic monetary instability throughout the late 1990s.

Turkmenistan's currency was entirely non-convertible for most of this period, with an official exchange rate bearing little resemblance to the parallel market. The 2009 redenomination — at 5,000 old manat to one new manat — rendered the entire pre-reform series obsolete overnight.