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1000 Manat 5th anniversary of independence
| Issuer | Turkmenistan |
|---|---|
| Year | 1996 |
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| Orientation | Medal alignment ↑↑ |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Latin |
| Obverse lettering | TÜRKMENISTANYÑ PREZIDENTI SAPARMYRAT NYÝAZOW (Translation: Turkmenistan President Saparmurat Niyazov) |
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| Additional information |
Turkmenistan declared independence on October 27, 1991, following the dissolution of the Soviet Union, with Saparmurat Niyazov — who had served as the republic's Communist Party first secretary — immediately repositioning himself as president of the new state. The manat was introduced in 1993 to replace the Soviet ruble, itself already a casualty of hyperinflation. This commemorative was struck just three years after that currency transition, at a moment when the country's gold and gas revenues were being funneled into an increasingly elaborate personality cult around Niyazov.