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The dinar (Serbian: динар, pronounced; paucal: dinara / динара; abbreviation: DIN and дин ; code: RSD) is the currency of Serbia. The dinar was first used in Serbia in medieval times, its earliest use dating back to 1214. The dinar was reintroduced as the official Serbian currency by Prince Mihailo in
There were three distinct dinars. The first was introduced in 20 July 1992 [1] in parallel with the new Yugoslav dinar of that year, to which it was equal. The second dinar replaced the first at a rate of 1 million to one on 1 October 1993, whilst the third replaced the second at a rate of 1 billion (10 9) to one on 1 January 1994.
5-sol French coin and silver coins – New France Spanish-American coins- unofficial; Playing cards – 1685-1760s, sometimes officially New France; 15 and a 30-deniers coin known as the mousquetaire – early 17th century New France
The second was introduced on 1 October 1993, replacing the first at a rate of one million to one and matching the revaluation of the Yugoslav currency. Following this, the Republika Srpska used the Yugoslav dinar (first the "1994 dinar" and then "Novi dinar") until 1998, when the Bosnia and Herzegovina convertible mark was introduced.
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The first mention of a "Serbian dinar" dates back to the reign of Stefan Nemanjić in 1214. Until the fall of the Serbian Despotate in 1459, most of the Serbian rulers minted silver dinar coins. Emperor Stefan Dušan adopted the Byzantine hyperpyron (perper), a large unit of currency: the imperial tax was one perper per year per house. [1]
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