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20 Manat Neutrality

Issuer Central Bank of Turkmenistan
Year 2020
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Printer Thomas De La Rue & Company, London, United Kingdom
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Obverse description At right, an intaglio portrait vignette of the legendary Turkmen epic hero Görogly Beg Türkmen, his name inscribed above in small lettering, set against a multicolour guilloche underprint incorporating traditional Turkmen carpet motifs. The Coat of Arms of Turkmenistan is centred within an ornate star-shaped frame, flanked by a colour-shifting optically variable numeral '20' at lower right and a map of Turkmenistan with regional labelling at lower centre. A commemorative neutrality emblem with a globe motif appears at left, with the year date '2020' and a facsimile signature above the title 'BAŞLYK' at upper right.
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Protection description Colour-shifting optically variable ink on the lower-right numeral '20' on the obverse; embedded security thread running through the paper; latent image element visible at centre right of the reverse; watermark incorporated in the unprinted area of the paper
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Turkmenistan's 2020 note series was issued under the presidency of Gurbanguly Berdimuhamedow as part of a broader redenomination program that replaced the old manat at a rate of 5,000 to 1 — though that reform itself dates to 2009, and by 2020 the series was simply being refreshed and extended rather than introduced for the first time. De La Rue's involvement is unsurprising; they have held Turkmenistan's printing contract continuously across multiple series.

The TBB reference places this squarely in the post-reform cataloguing sequence. Cotton substrate on a note of this size from De La Rue typically signals an expected circulation lifespan prioritized over polymer durability — a deliberate choice for Central Asian issuers in this period.

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