Currency - Serbian dinar

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Serbian dinar

дин or din.
The dinar (, ; paucal: dinara / динара; sign: din; code: RSD) is the official currency of Serbia. The earliest use of the dinar dates back to 1214.

The first mention of a "Serbian dinar" dates back to the reign of Stefan Nemanjić in 1214. Until the fall of Despot Stjepan Tomašević in 1459, most of the Serbian rulers minted silver dinar coins. The first Serbian dinars, like many other south-European coins, replicated Venetian grosso, including characters in Latin (the word 'Dux' replaced with the word 'Rex'). For many years it was one of the main export articles of medieval Serbia, considering the relative abundance of silver coming from Serbian mines. Venetians were wary of this, and Dante Alighieri went so far as to put the Serbian king of his time, Stephen Uroš II Milutin of Serbia, in Hell as forgerer (along with his Portuguese and Norwegian counterparts): E quel di Portogallo e di Norvegia lì si conosceranno, e quel di Rascia che male ha visto il conio di Vinegia.

Following the Ottoman conquest, different foreign currencies were used up to the mid 19th century. The Ottomans operated coin mints in Novo Brdo, Kučajna and Belgrade. The subdivision of the dinar, the para, is named after the Turkish silver coins of the same name (from the Persian پاره pāra, "money, coin"). After the Principality of Serbia was formally established (1817) there were many different foreign coins in circulation. Eventually, Prince Miloš Obrenović decided to introduce some order by establishing exchange rates based on the groat (Serbian groš, French and English piastre, Turkish kuruş) as money of account. In 1819 Miloš published a table rating 43 different foreign coins: 10 gold, 28 silver, and 5 copper.

After the last Ottoman garrisons were withdrawn in 1867, Serbia was faced with multiple currencies in circulation. Thus, prince Mihailo Obrenović ordered a national currency be minted. The first bronze coins were introduced in 1868, followed by silver in 1875 and gold in 1879. The first banknotes were issued in 1876. Between 1873 and 1894, the dinar was pegged at par to the French franc. The Kingdom of Serbia also joined the Latin Monetary Union.

In 1920, the Serbian dinar was replaced at par by the Yugoslav dinar, with the Yugoslav krone also circulating together.

In 1868, bronze coins were introduced in denominations of 1, 5 and 10 paras. The obverses featured the portrait of Prince Mihailo Obrenović III. Silver coins were introduced in 1875, in denominations of 50 paras, 1 and 2 dinars, followed by 5 dinars in 1879. The first gold coins were also issued in 1879, for 20 dinars, with 10 dinars introduced in 1882. The gold coins issued for the coronation of Milan I coronation in 1882 were popularly called milandor (French Milan d'Or). In 1883, cupro-nickel 5, 10 and 20 para coins were introduced, followed by bronze 2 paras coins in 1904.

In 1876, state notes were introduced in denominations of 1, 5, 10, 50 and 100 dinars. These were followed by notes of the Chartered National Bank from 1884, with notes for 10 dinars backed by silver and gold notes for 50 and 100 dinars. Gold notes for 20 dinars and silver notes for 100 dinars were introduced in 1905. During World War I, silver notes for 50 and 5 dinars were introduced in 1914 and 1916, respectively. In 1915, stamps were authorized for circulation as currency in denominations of 5, 10, 15, 20, 25, 30 and 50 paras.

Country

Serbia

Republika Srpska

Serbia (Србија / Srbija ), officially the Republic of Serbia (Република Србија / Republika Srbija ), is a country situated at the crossroads of Central and Southeast Europe in the southern Pannonian Plain and the central Balkans. The sovereign state borders Hungary to the north, Romania to the northeast, Bulgaria to the southeast, North Macedonia to the south, Croatia and Bosnia and Herzegovina to the west, and Montenegro to the southwest. The country claims a border with Albania through the disputed territory of Kosovo. Serbia's population is about seven million. Its capital, Belgrade, ranks among the oldest and largest citiеs in southeastern Europe.

Language

Serbian dinar (English)  Dinaro serbo (Italiano)  Servische dinar (Nederlands)  Dinar serbe (Français)  Serbischer Dinar (Deutsch)  Dinar sérvio (Português)  Сербский динар (Русский)  Dinar serbio (Español)  Dinar serbski (Polski)  塞爾維亞第納爾 (中文)  Serbisk dinar (Svenska)  Dinar sârbesc (Română)  セルビア・ディナール (日本語)  Сербський динар (Українська)  Сръбски динар (Български)  세르비아 디나르 (한국어)  Serbian dinaari (Suomi)  Dinar Serbia (Bahasa Indonesia)  Serbijos dinaras (Lietuvių)  Serbiske dinarer (Dansk)  Srbský dinár (Česky)  Sırp dinarı (Türkçe)  Српски динар (Српски / Srpski)  Serbia dinaar (Eesti)  Srbský dinár (Slovenčina)  Szerb dinár (Magyar)  Srpski dinar (Hrvatski)  Srbski dinar (Slovenščina)  Serbijas dinārs (Latviešu)  Δηνάριο Σερβίας (Ελληνικά) 
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