Description
The Macedonian denar is the currency of North Macedonia. It is subdivided into one hundred deni, which is no longer in use since 2013.
The first denar from the Republic of Macedonia was established on 26 April 1992. It replaced the 1990 version of the Yugoslav dinar at par. In May 1993, the currency was reformed. A new denar was introduced, with one new denar being equal to 100 old denari.
The name denar comes from the name of the ancient Roman monetary unit, the denarius. The currency symbol is ден, the first three letters of its name.
In May 1993, coins for the second denar were introduced in denominations of 50 deni, 1, 2, and 5 denari.
In 1993, the new denar was issued in denominations of 10, 20, 50, 100 and 500 denari. The 20 denari was only issued in this first series of notes. In 1996, 1000 and 5000 denari notes were added. In 2016, 200 and 2000 denari notes were issued, while the National Bank of the Republic of North Macedonia began withdrawing the 5000 denari banknote from circulation as part of the National Bank’s plans to re-balance the current structure of the notes in circulation. In 2017, the National Bank of the Republic of North Macedonia unveiled its current banknotes, 10 and 50 denari, printed as polymer banknotes, and were issued into circulation on May 15.
Source: en.wikipedia.org
Източници: wikipedia.org
