Catalog
20 Manat
| Issuer | Central State Bank of Turkmenistan |
|---|---|
| Year | 1993-1995 |
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| Currency | Manat (1993-2009) |
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|---|---|
| Obverse lettering | TÜRKMENISTANYÑ MERKEZI DÖWLET BANKY ŞU BANKNOT TÖLEGLERIÑ ÄHLI GÖRNÜŞLERI ÜÇIN ÝÖREÝÄR ÝIGRIMI MANAT (Translation: Central State Bank of Turkmenistan, This banknote is valid for all types of payments, Twenty Manat) |
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| Reverse lettering | TÜRKMENISTANYÑ MERKEZI DÖWLET BANKY TÜRKMENISTANYÑ MERKEZI DÖWLET BANKNYNYÑ BANKNOTLARYNY GALP YOL BILEN YASAMAK KANUN BOÝUNÇA YZARLANYLÝAR YIGRIMI MANAT ASTANABABA YADYGARLIGI (Translation: Central State Bank of Turkmenistan, All forgeries of the banknotes of the Central State Bank of Turkmenistan is punishable by the law, Twenty Manat, Astanababa Monument) |
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| Comments |
Turkmenistan's first national currency, the manat, replaced the Soviet ruble in November 1993 at a rate of 500 rubles to 1 manat — a deliberate move to establish monetary independence before hyperinflation made the ruble worthless in the new republic. The early manat series, including this note, was printed by De La Rue in the United Kingdom, though no printer's imprint appears on the face of the notes themselves.
The series was short-lived. A second, redesigned manat series followed by the late 1990s, making the 1993–1995 issues relatively short-circulation pieces in a country that had only existed as a sovereign state for two years when they were first released.