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200 Manat Year of Peace and Trust

Issuer Central Bank of Turkmenistan
Year 2025
Type Commemorative banknote
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Reverse description Central vignette of the administrative Hyakimlik building of Arkadag city; the crescent moon and five stars of the national emblem appear above; a holographic stripe at left incorporates two stars in the Spotlight feature and an image of the Arkadag Monument rendered in PureImage technology.
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Protection type Polymer substrate, Optically variable ink, Holographic stripe, See-through register
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Comments

Turkmenistan's commemorative banknote program has grown increasingly elaborate under Serdar Berdimuhamedov, continuing the personality-cult issuance patterns established by his father. The "Year of Peace and Trust" designation is a state-declared thematic year — a recurring propaganda device in Turkmen official culture — making this note as much a political artifact as a monetary instrument.

De La Rue's Safeguard polymer substrate, adopted here, is the same platform used by several central Asian issuers seeking higher security at lower volume runs. Whether this note sees meaningful circulation or functions primarily as a collectible issue is a question Ashgabat's central bank has rarely bothered to answer publicly.

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