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10 000 Manat

Issuer Central Bank of Turkmenistan
Year 2005
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Printer De La Rue, Gateshead
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Reverse lettering XXI ASYR – TÜRKMENIŇ ALTYN ASYRY ON MÜŇ MANAT
(Translation: The 21st century is the golden age of the Turkmen, Ten Thousand Manat)
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Protection type Watermark, Electrotype
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By 2005, Turkmenistan's first manat series had been so badly eroded by inflation that the 10,000 denomination — introduced as a high-value note — had become an everyday transaction instrument worth roughly pocket change in dollar terms. The series was retired entirely in 2009 when the second manat replaced it at a rate of 5,000 old manat to one new unit, wiping out the denomination class entirely.

De La Rue's Gateshead facility handled production. The electrotype watermark feature is relatively modest security for a high-denomination note of this period, reflecting the limited forgery threat in a tightly controlled, largely cash-dependent economy under Niyazov's government.