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Denmark is the only EU member state which has been granted an exemption from using the euro. [1] Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro.
In 1941, the Yugoslav dinar was replaced, at par, by a second Serbian dinar for use in the German occupied Serbia. The dinar was pegged to the German reichsmark at a rate of 250 dinars = 1 reichsmark. This dinar circulated until 1944, when the Yugoslav dinar was reintroduced by the Yugoslav Partisans, replacing the Serbian dinar rate of 1 ...
A foreign exchange market was established in Belgrade in which only banks could participate; this set the exchange rates for the entire country. [14] This allowed the dinar to float (or perhaps more accurately, sink) more or less freely. Under this system, the exchange rate reached about 29 dinars to the dollar in 1981, [15] 127 dinars to the ...
EUR Cent: 100 São Tomé and Príncipe: São Tomé and Príncipe dobra: Db STN Cêntimo: 100 Saudi Arabia: Saudi riyal: Rl or Rls (pl.) SAR Halala: 100 Senegal: West African CFA franc: F.CFA XOF Centime: 100 Serbia: Serbian dinar: DIN: RSD Para: 100 Seychelles: Seychellois rupee: Re or Rs (pl.) SCR Cent: 100 Sierra Leone: Sierra Leonean leone ...
Due to concerns that Serbia could use the dinar to destabilise Kosovo and Montenegro (the latter was in a political union with Serbia until 2006), both received Western help in adopting and using the mark (though there was no restriction on the use of the dinar or any other currency). They switched to the euro when the mark was replaced.
The krone-to-dinar exchange rate was eventually set to four krone to one dinar. At the same time, the Serbian dinar was exchanged at par. Views about the rate remained conflicting in the KSCS and its successor states. Serbian sources say the exchange caused no adverse effects, while Croatian historians and public perception portray the exchange ...
They were the continuation of the pre-WWI Serbian dinar and had the same value. The banknotes were overstamped with the value in Austro-Hungarian krone (Serbo-croatian: Kruna) to make the conversion easier (in the rate 1 dinar = 4 krone). Some ½ and 1 dinar banknotes were issued before the overstamping started, so they had no krone value stamped.
The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more widespread historical use. The English word "dinar" is the transliteration of the Arabic دينار ( dīnār ), which was borrowed via the Syriac dīnarā from the Latin dēnārius .