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| Issuer | Central Bank of Turkmenistan |
|---|---|
| Year | 2013 |
| Type | Log in to see details |
| Value | 50 Manat |
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| Obverse description | Central design features the coat of arms of Turkmenistan rendered within a multi-pointed star frame, depicting a Akhal-Teke horse in the central medallion encircled by five carpet guls, flanked by wheat stalks, with a crescent moon and five stars in the upper portion. The legend TÜRKMENISTANYŇ MERKEZI BANKY arcs along the upper rim, while the denomination ELLI MANAT is inscribed along the lower rim. Silver fineness mark Ag 925 appears in the lower left field and the weight 28,28 gr. in the lower right field. |
|---|---|
| Obverse script | Latin |
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| Additional information |
Turkmenistan introduced the manat as its national currency in November 1993, replacing the Soviet ruble at a rate of 500 rubles per manat — one of the more unfavorable conversion rates among the post-Soviet republics. A second redenomination followed in 2009, when the new manat replaced the old at 5,000 to one, effectively erasing decades of inflation from the books in a single administrative stroke.
The 2009 redenomination is what this 2013 issue actually commemorates — twenty years from the 1993 introduction, not from any subsequent reform.