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===Second denar===
===Second denar===
In 1993, the new denar was issued in denominations of 10, 20, 50, 100 and 500. The 20 denari was only issued in this first series of notes. In 1996, 1000 and 5000 denari notes were added.
In 1993, the new denar was issued in denominations of 10, 20, 50, 100 and 500. The 20 denari was only issued in this first series of notes. In 1996, 1000 and 5000 denari notes were added.
==Banknotes and coins==

===Banknotes===
{|class="wikitable" style="font-size: 90%"
{|class="wikitable" style="font-size: 90%"
!colspan="4"| 1992 series
!colspan="4"| 1992 series

Revision as of 12:33, 6 September 2008

Macedonian denar
Македонски денар Template:Mk icon
ISO 4217
CodeMKD (numeric: 807)
Subunit0.01
Unit
Pluraldenari
Denominations
Subunit
 1/100deni
Banknotes10, 50, 100, 500, 1000, 5000 denari
Coins50 deni, 1, 2, 5 denari
Demographics
User(s)Republic of Macedonia
Issuance
Central bankNational Bank of Macedonia
 Websitewww.nbrm.gov.mk
Valuation
Inflation3%
 SourceThe World Factbook, 2006 est.

The denar (plural: denari, Macedonian: денар and денари, denar and denari, ISO 4217 code: MKD) is the currency of the Republic of Macedonia. It is subdivided into 100 deni. The name denar comes from the name of the ancient Roman monetary unit, the denarius.

History

The first denar was introduced on April 26, 1992, and replaced the 1990 version of the Yugoslav dinar at par. On May 5, 1993, the currency was reformed, with one new denar (MKD) being equal to 100 old denar (MKN).

Coins

No coins were issued for the first denar. In 1993, coins for the second denar were introduced in denominations of 50 deni, 1, 2 and 5 denari.

Banknotes

First denar

Notes were introduced in 1992 in denominations of 10, 25, 50, 100, 500, 1000, 5000 and 10,000 denari.

Second denar

In 1993, the new denar was issued in denominations of 10, 20, 50, 100 and 500. The 20 denari was only issued in this first series of notes. In 1996, 1000 and 5000 denari notes were added.

Banknotes and coins

Banknotes

1992 series
Averse Reverse Value Colour Averse Reverse
File:Macedonia 10 Awers.JPG File:Macedonia 10 Rewers.JPG 10 denars blue Monument Makedonium in Kruševo Women getter tobacco
File:25 denari, 1992- lice.jpg File:25 denari, 1992- pozadina.jpg 25 denars red Monument Makedonium in Kruševo Women getter tobacco
File:50 denari, 1992- lice.jpg File:50 denari, 1992- pozadina.jpg 50 denars brown Monument Makedonium in Kruševo Women getter tobacco
File:100 denari, 1992- lice.jpg File:100 denari, 1992- pozadina.jpg 100 denars dark blue Monument Makedonium in Kruševo Women getter tobacco
File:500 denari, 1992- lice.jpg File:500 denari, 1992- pozadina.jpg 500 denars green Monument Makedonium in Kruševo Women tobacco
File:1000 denari, 1992- lice.jpg File:1000 denari, 1992- pozadina.jpg 1000 denars темно сина Monument Makedonium in Kruševo Women getter tobacco
File:5000 denari, 1992- lice.jpg File:5000 denari, 1992- pozadina.jpg 5000 denars red-brown Girl in front of a computer Monument Makedonium in Kruševo
File:10000 denari, 1992- lice.jpg File:10000 denari, 1992- pozadina.jpg 10000 denars red-brown Men dancing and the monument Makedonium in Kruševo Panorama of the church St. Sofia, Ohrid
1993 series
Averse Reverse Value Colour Averse Reverse
File:10 denari, 1993- lice.jpg File:10 denari, 1993- pozadina.jpg 10 denars blue The monument Makedonium in Kruševo Panorama of Kruševo
File:20 denari, 1993- lice.jpg File:20 denari, 1993- pozadina.jpg 20 denars brown-dark red Daut Pašin Amam in Skopje Tower, Skopje
File:50 denari, 1993- lice.jpg File:50 denari, 1993- pozadina.jpg 50 denars red The old building of the National Bank of the republic of Macedonia The church St. Pantelejmon, Skopje
File:100 denari, 1993- lice.jpg File:100 denari, 1993- pozadina.jpg 100 denars brown The church St. Sofia in Ohrid National museum, Ohrid
File:500 denari, 1993- lice.jpg File:500 denari, 1993- pozadina.jpg 500 denars brown-dark green The Samuil's fortress , Ohrid The church St. John-Kaneo, Ohrid
1996 series
Averse Reverse Value Colour Averse Reverse
File:10 denari, 1996- lice.jpg File:10 denari, 1996- pozadina.jpg 10 denars lilac The Egyptian godess Izida (II c. b.c..), Ohrid; gold earing (IV c. b.c.), v. Beranci, Bitola. Mosaic in Stobi (IV-V c.).
File:50 denari, 1996- lice.jpg File:50 denari, 1996- pozadina.jpg 50 denars blue Fresco in the church St. Pantelejmon, Nerezi Arhangel Gavril in the cgurch St. Ǵorǵi , Kurbinovo.
File:100 denari, 1996- lice.jpg File:100 denari, 1996- pozadina.jpg 100 denars lilac-brown View from an Albanian house House decoration
File:500 denari, 1996- lice.jpg File:500 denari, 1996- pozadina.jpg 500 denars red-brown Gold mask, v. Trebeništa, Ohrid (VI c. b.c.) Flower of poppy
File:1000 denari, 1996- lice.jpg File:1000 denari, 1996- pozadina.jpg 1000 denars brown Madonna Episkepis, icon from the church St. Vrači, Ohrid, XIV c. Gregory's gallery (XIV c), church St. Sofia, Ohrid
File:5000 denari, 1996- lice.jpg File:5000 denari, 1996- pozadina.jpg 5000 denars red-brown-green Bronze figure of Menada (VI b.c.), Tetovo. Dog and tree, mosaic, Heraclea Linkestis (V-VI c), Bitola.
Upgrade of the 1996 series
Averse Reverse Value Colour Averse Reverse
File:500 denari, 2003- lice.jpg File:500 denari, 2003- pozadina.jpg 500 denars red-brown Gold mask, v. Trebeništa, Ohrid (VI c. b.c.) Flower of poppy.
File:1000 denari, 2003- lice.jpg File:1000 denari, 2003- pozadina.jpg 1000 denars brown Madonna Episkepis, icon from the church St. Vrači, Ohrid, XIV c. Gregory's gallery (XIV c), church St. Sofia, Ohrid

Coins

1993 series
Image Value Features Depiction
File:50 deni.JPG 50 deni Issue: 1993,Diam. 21,5 mm; Weight 4.10g, Metal: CuZn15, Mint: Suvenir, Samokov, Period of circulation:10.05.1993 Ob. 50 ДЕНИ in the lower central field Stylized horizont with a 16-ray sun. Rev. РЕПУБЛИКА МАКЕДОНИЈА, circular; 1993 in the lower central field. Flying seagull.
File:1 denar.jpg 1 denar Issue: 1993 (1997, 2001), Diam. 23,8 mm;Weight 5.10g, Metal: CuNi3Zn17, Mint: Suvenir, Samokov, Period of circulation:10.05.1993 Ob. 1 ДЕНАР in the lower central field Stylized horizont with a 16-ray sun. Rev. РЕПУБЛИКА МАКЕДОНИЈА, circular; 1993 (1997, 2001) in the lower central field. Šar Planina shepherd dog.
2 denars Issue: 1993 (2001), Diam. 25,5 мм; Weight 6.20 g, Metal: CuNi3Zn17, Mint: Suvenir, Samokov, Period of circulation:10.05.1993 Ob. 2 ДЕНАРИ in the lower central field Stylized horizont with a 16-ray sun. Rev. РЕПУБЛИКА МАКЕДОНИЈА, circular; 1993 (2001) in the lower central field. Ochrid trout (Salmo Letnica).
File:5 denari.jpg 5 denars Issue: 1993 (2001), Diam. 27,5 мм; Weight 7.20 g, Metal: CuNi3Zn17, Mint: Suvenir, Samokov, Period of circulation:10.05.1993 Ob. 5 ДЕНАРИ in the lower central field Stylized horizont with a 16-ray sun. Rev. РЕПУБЛИКА МАКЕДОНИЈА, circular; 1993 (2001) in the lower central field. Lynx (Felis Lyinx).

Souvenir currency

File:5 ličnici.jpg
5 ličinici from Vevčani

As of 2002, Vevčani, a village in the south-western region of Macedonia and self-styled "independent Republic", was issuing its own money, the ličnik, as a souvenir. The money is clearly labelled as "specimen" and was never intended to be used as official, legal currency.[1]

Current MKD exchange rates
From Google Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD
From Yahoo! Finance: AUD CAD CHF CNY EUR GBP HKD JPY USD
From XE.com: AUD CAD CHF CNY EUR GBP HKD JPY USD
From OANDA: AUD CAD CHF CNY EUR GBP HKD JPY USD

See also

References

  1. ^ "Macedonia Tolerates a 'Republic' in Its Midst". Associated Press. January 6, 2002. {{cite news}}: Check date values in: |date= (help)

External links

Template:Standard numismatics external links

Old denar
Preceded by:
Yugoslav 1990 dinar
Reason: independence (on September 8, 1991)
Ratio: at par
Currency of the Republic of Macedonia
April 26, 1992May 5, 1993
Succeeded by:
Macedonian new denar
Reason: inflation
Ratio: 1 new denar = 100 old denari


New denar
Preceded by:
Macedonian new denar
Reason: inflation
Ratio: 1 new denar = 100 old denari
Currency of the Republic of Macedonia
1993
Succeeded by:
Current