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100 dinars back. Photo courtesy of National bank of Serbia (www.nbs.org.yu)100 dinars. Photo courtesy of National bank of Serbia (www.nbs.org.yu)

The Serbian dinar is the official currency of Serbia, one of the two republics that comprise Serbia-Montenegro. The autonomous Kosovo region, as well as the other republic, Montenegro, uses the euro since 1999 prior to which they shared the Yugoslav dinar with Serbia. A dinar equals 100 para. The current exchange rate is around 50 CSD to 1USD.

The illustrations feature the 2003 Nikola Tesla banknotes

1 History

The first mention of a "Serbian dinar" dates back to the reign of Stefan the First-Crowned Nemanjic in 1214. Up to the fall of Despot Stefan Lazarevic in 1459, most Serbian rulers minted dinars. The coin was an important symbol of Serbian statehood in the Middle Ages. Medieval money was struck exclusively in silver due to restrictions on gold, characteristic in Europe for that period.


A coin minted by Dusan in 1346 for the occasion of his crowning.

Photo courtesy of National bank of Serbia (www.nbs.org.yu)

Following the Ottoman conquest, different foreign currencies were used up to the mid 19th centuryAlternative meaning: Nineteenth Century (periodical ( 18th century — 19th century — 20th century — more centuries) As a means of recording the passage of time, the 19th century was that century which lasted from 1801- 1900. Events The Little Ice Age ended. The Ottomans operated several coin mintsA mint is a facility which manufactures coins for currency. On the whole the history of mints correlates very closely with the history of coins. One difference is that the history of the mint is normally related in a fashion that more closely ties to the throughout Serbia in Novo Brdo , Kucajna and BelgradeFor other uses see Belgrade (disambiguation Belgrade ( Serbian, Beograd , (population in Belgrade region 1,711,800 by census of 2002) is the capital of Serbia (since 1403) and Serbia and Montenegro (since 2003) and Yugoslavia ( 1918- 2003). The city lies. Today's hundredth of a dinar in Serbia is the para, named after the last Turkish circulated silver coins (from the ArabicArabic is a Semitic language, fairly closely related to, for instance, the Hebrew language and the Aramaic language, spoken throughout the Arab world and widely known outside it. It has been a literary language for over 1500 years, and is the liturgical l bara, silver).

The 19th century rules of KaradjordjeKaradjordje or ( November 3, 1768 July 13, 1817) was the leader of the First Serbian uprising against the Turks, and the founder of the House of Karadordevic. He was born (Djordje or Dorde Petrovic). Because of his dark complexion and short temper he was and Prince Milos ObrenovicMilosh Obrenovich [MiloS Obrenovic] 1780 1860) was prince of Serbia between 1817 and 1839, and again from 1858 to 1860. He participated in the First Serbian uprising to its very end in 1813. He was one of the few leaders of the rebellion that stayed in Se also saw circulation of many different currencies from all over Europe, 43 different kinds: 10 gold, 28 silver and 5 copper ones. Following the liberation from Turkish domination, steps were taken towards the establishment of an independent monetary system.

Faced with multiple currencies in circulation, Prince Mihailo Obrenovic ordered that a Serbian national currency be minted. The new coins of copper alloy were denominated in 1, 5 and 10 paras. The obverse sides featured the portrait of the prince and the year of issue, 1868Events January 3 Meiji Emperor declares " Meiji Restoration", his own restoration to full power, against the supporters of the Tokugawa Shogunate. January 10 Shogun Tokugawa Yoshinobu declares emperor's declaration "illegal" and attacks Kyoto. Pro-Emperor. The silver dinar was struck only in 1875. It featured Prince Milan Obrenovic , in denominations of 50 paras, 1 and 2 dinars. The first gold coins were issued in 1879, in the value of 20 dinars. March 6, 1882, King Milan's coronation called for the issue of gold coins in denominations of 10 and 20 dinars, popularly called milandor ( French Milan d'Or ( Gold Milan)).





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