The 5,000 Tenge was the highest denomination in Kazakhstani circulation when this series was issued, reflecting the inflationary pressure that had steadily eroded the purchasing power of lower notes since the tenge's introduction in 1993. Kazakhstan replaced the Soviet ruble with the tenge on November 15, 1993 — a date still marked as a national holiday — after delayed independence negotiations meant the country was one of the last former Soviet republics to establish its own currency.
P#38A is a signature variety within the 2011 dated series. The optical variable ink on this denomination was a relatively late adoption for Kazakhstani high-value notes, brought in specifically to counter sophisticated counterfeiting operations identified in Central Asian markets.
The 5,000 Tenge was the highest denomination in Kazakhstani circulation when this series was issued, reflecting the inflationary pressure that had steadily eroded the purchasing power of lower notes since the tenge's introduction in 1993. Kazakhstan replaced the Soviet ruble with the tenge on November 15, 1993 — a date still marked as a national holiday — after delayed independence negotiations meant the country was one of the last former Soviet republics to establish its own currency.
P#38A is a signature variety within the 2011 dated series. The optical variable ink on this denomination was a relatively late adoption for Kazakhstani high-value notes, brought in specifically to counter sophisticated counterfeiting operations identified in Central Asian markets.