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The revalued currency was initially pegged to the US dollar at a rate of 12.50 dinars to the dollar. [12] In late 1971, this was revised to 17 dinars to the dollar. [ 13 ] Following the Nixon Shock , Yugoslavia adopted a market exchange rate system.
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
Details from the interior of the old building of the National Bank of the Kingdom of Serbia. 20 September 2001 5,000 dinara 159 x 76 Purple and green Slobodan Jovanović Ornamental detail from the building of the Serbian Academy of Sciences and Arts. Portrait of Slobodan Jovanović Silhouette of the National Parliament. 2002 21 August 2002 1 ...
Ajuran currency; Aksumite currency; Mogadishu currency; Dollar. Rhodesian dollar; Sierra Leonean dollar; Zimbabwean dollar; Zimbabwean dollar (2019–2024) Dinar – Sudan; Ekwele (Ekuele) – Equatorial Guinea; Escudo. Angolan escudo; Mozambican escudo; Portuguese Guinean escudo; São Tomé and Príncipe escudo; Florin – Kenya, Somalia ...
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 .
Starting Feb. 1, Kosovo required ethnic Serbian-dominated areas to adopt the euro currency, which is used in the rest of the country, and abolished the use of the Serbian dinar.
The leaders of Serbia and Kosovo sparred at the United Nations over the latter's ban of the use of the Serbian currency in areas where minority Serbs live, the latest crisis between the two ...
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]