1000 Manat

Azerbaijan's Milli Bank issued this denomination during an extraordinarily difficult period — the country was simultaneously managing post-Soviet monetary independence, hyperinflation, and an active war with Armenia over Nagorno-Karabakh. The 1000 Manat, a substantial face value at introduction, was rendered effectively small-denomination within a few years by inflation that eventually necessitated a full redenomination in 2006 at a rate of 5,000 old Manat to one new.

The series as a whole was printed by Goznak in Moscow — a notable irony for a newly sovereign state, still relying on Russian state printing infrastructure for its own currency.