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The autonomous province Kosovo And Metohia and Montenegro have both been using the Euro as of 2004, prior to which they shared the Yugoslav Dinar with Serbia. The international currency code ISO 4217 for the Serbian dinar is CSD, and the three-digit identifier is 891. A dinar equals 100 para. As of March 30 , 2006 the United States Dollar is exchanged for 72.7907 Serbian dinars, and the Euro for 87.3635 dinars. Coin s currently produced are 50 para; 1, 2, 5, 10, 20 dinar coins. Banknote s currently produced are 10, 20, 50, 100, 200, 500, 1000, 5000 dinars. Many banknotes and coins still carry the inscription of the National Bank of Yugoslavia with its symbol but they are being gradually replaced with new ones that have written ''Narodna Banka Srbije'' and Serbian Coat Of Arms on them. 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 Medieval Europe. on the occasion of his coronation. (Photo courtesy of the Following the Ottoman conquest, different foreign currencies were used up to the mid 19th Century . The Ottomans operated several Coin Mints throughout Serbia in Novo Brdo , Kucajna and Belgrade . Today's hundredth of a dinar in Serbia is the ''para'', named after the last Turkish circulated silver coins (from the Arabic ''bara'', silver). The 19th Century rules of Karađorđe and Prince Miloš Obrenović 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 Obrenović 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, 1868 . The silver dinar was struck only in 1875 . It featured Prince Milan Obrenović , in denominations of 50 paras, 1 and 2 dinars. The first gold coins were issued in 1879 , with a value of 20 dinars. King Milan's coronation in 1882 called for the issue of gold coins in denominations of 10 and 20 dinars, popularly called ''milandor'' ( French ''Milan d'Or'' (Milan of Gold)). In 1918, the Serbian dinar was adopted as the currency of the Kingdom Of The Serbs, Croats And Slovenes , see Yugoslav Dinar . The Yugoslav Dinar became the Serbian dinar in 2003, when Yugoslavia became Serbia And Montenegro , Montenegro having already adopted the Euro . NATIONAL BANK OF SERBIA The National Bank Of Serbia is the Central Bank of Serbia. It is the institution responsible for the monetary politics including printing of money of the Republic Of Serbia . DINAR COINS DINAR BANKNOTES SEE ALSO EXTERNAL LINKS |
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