Catalog
1000 Manat
| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 1995 |
| Type | Standard circulation banknote |
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| Obverse description | Central vignette is a portrait of Saparmyrat Nyýazow (known as Türkmenbaşy, 1940–2006), first President of Turkmenistan, positioned at right of center against a guilloche underprint. The denomination and issuing authority are inscribed in Turkmen across the face, with additional ornamental border elements framing the composition. |
|---|---|
| Obverse lettering | TÜRKMENISTANYÑ MERKEZI BANKY ŞU BANKNOT TÖLEGLERIÑ ÄHLI GÖRNÜŞLERI ÜÇIN ҰÖREҰÄR BIR MÜÑ MANAT (Translation: Central Bank of Turkmenistan, This banknote is valid for all types of payments, One Thousand Manat) |
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The Canadian Bank Note Company printed the entire initial Manat series for Turkmenistan following independence from the Soviet Union, with this high-denomination note appearing in 1995 as the young republic's currency was still finding its footing. Hyperinflationary pressure from the post-Soviet transition meant the 1000 Manat, though nominally large at issue, eroded in purchasing power rapidly — a second series and then a redenomination followed within a decade.
The 2009 redenomination replaced these at 5000 old Manat to 1 new Manat, which gives some sense of how far the currency had traveled from this note's original value.