Banknotes of Turkmenistan

The official currency of Turkmenistan is the Manat, issued by the Central Bank of Turkmenistan. Paper money was first introduced in Turkmenistan in 1993, following its independence from the Soviet Union. A notable reform occurred in 2009 when the currency was redenominated to simplify transactions and combat inflation, resulting in the new Manat being worth 5,000 times the old Manat. Collectors are drawn to Turkmenistan’s banknotes for their vibrant designs and unique security features. The 2002 series, for example, showcases intricate imagery related to Turkmen culture and national symbols, including the Turkmen horse, which is a significant element in the country's identity. Each denomination often highlights important historical events and figures that shaped the nation.