Macedonian denar

Macedonian denar
ден
The denar (денар; paucal: denari / денари; abbreviation: ден (Cyrillic) or DEN (Latin), ISO code: MKD) is the currency of North Macedonia. Though subdivided into one hundred deni (дени), coins with a denomination of less than one denar have not been in use since 2013.

The first denar was established as a temporary currency on 26 April 1992 in the then-Republic of Macedonia, replacing the 1990 version of the Yugoslav dinar at a 1:1 parity. In May 1993, the currency was reformed and a new denar was introduced, with one new denar being equal to 100 old denars.

Country
  • Republic of Macedonia
    North Macedonia, officially the Republic of North Macedonia, is a landlocked country in Southeast Europe. It shares land borders with Kosovo to the northwest, Serbia to the north, Bulgaria to the east, Greece to the south, and Albania to the west. It constitutes approximately the northern third of the larger geographical region of Macedonia. Skopje, the capital and largest city, is home to a quarter of the country's 1.83 million people. The majority of the residents are ethnic Macedonians, a South Slavic people. Albanians form a significant minority at around 25%, followed by Turks, Romani, Serbs, Bosniaks, Aromanians and a few other minorities.

    The region's history begins with the kingdom of Paeonia, a mixed Thraco-Illyrian polity. In the late sixth century BC, the area was subjugated by the Persian Achaemenid Empire, then incorporated into the Kingdom of Macedonia in the fourth century BC. The Roman Republic conquered the region in the second century BC and made it part of the larger province of Macedonia. The area remained part of the Byzantine Empire, but was often raided and settled by Slavic tribes beginning in the sixth century of the Christian era. Following centuries of contention between the Bulgarian, Byzantine, and Serbian Empires, it was part of the Ottoman Empire from the mid-14th until the early 20th century, when, following the Balkan Wars of 1912 and 1913, the modern territory of North Macedonia came under Serbian rule.