Monetary independence and introduction of denar

Monetary independence and introduction of the denar – the process of defining the state sovereignty of the Republic of Macedonia in the field of monetary finance, including the creation of a national currency. For the implementation of the monetary independence during 1991. The Government established a Monetary System Commission in Composition: Nikola Kljusev – Prime Minister, Metodija Toshevski – Minister of Finance, Borko Stanoevski – Governor of the NBM and professors Keen Bogoev and Ljube Trpeski. At 19. ⅹⅰⅰ 1991 The Government made a decision, which authorized the NBM to organize the process of printing and distribution of valuable bonuses as a temporary payment. At 7. ⅱ 1992 In the vaults of the NBM, 27,858,696 pieces of values, printed in the printing house “11 October” from Prilep. The bonets are issued at a denomination value of 10, 25, 50, 100, 500 and 1 000 units with unified design and different color. On the front of a bonus, Tobonobiracians are presented, and on the back is the monument “Makedonium” in Krushevo, the work of the sculptor Jordan Grabul. Due to the effects of galloping inflation, they are later printed valuable bonons with a denomination value of 5,000 and 10,000 units. On Easter, 26. 1992, the Assembly brings package laws that set the institutional framework of the monetary system and the denar is introduced as a financial unit of Macedonia. The denar is divided into 100 days, and its abbreviated name in the payment operations is a day. The name of the Macedonian currency (penny) was delivered on the proposal of Akad. Peter H. Ilievski, as an expression of the historical continuity of the use of PAPs on the territory of Macedonia from Roman antiquity to the medieval period. To 27. ⅳ 1992 The replacement of the bank’s Yugoslav dinars was started with valuable bonuses in relation 1: 1, with the replacement lasting three days. The bank’s money, which in Yugoslav dinars were definitely ceased to apply as a payment agent in Macedonia on 29. ⅳ 1992, while coins with a denomination value of 1, 2 and 5 Yugoslav dinars remained in circulation for another year. After commissioning the value of the values, the NBRM began preparations for issuing the first standardized emission of Macedonian Denars (banknotes in denominations of 10, 20, 50, 100 and 500 denars and coins with a value of 50 days and 1, 2 and 5 MKD). The first issue of Denars is printed in the printing house “11 October” from Prilep, and the metal money was made at the Souvenir plant from Samokov. Printing and cowment starts from autumn 1992. And it lasts until April 1993. The design of the first issue of paper money is the work of the Graphic Artist Borce Nikoloski, and the banknotes carry art solutions from the Macedonian cultural heritage (the old building of the NBM in Skopje, churches St. Sofia and St. Jovan Kaneo in Ohrid, the church of St. Panteleimon in . Nerezi, Daut Pasha Amam in Skopje, Clay Tower in Prilep, Robevci house in Ohrid, etc.). The design of metal money expresses the most significant Macedonian banknotes in circulation representatives of biodiversity in the Republic of Macedonia (Ohrid Trout, Sharplanin Dog, Pelister Rice and Dojran Gull). The replacement of value bonuses with denar banknotes lasted from 10. ⅴ to 31. ⅹⅰⅰ 1993 In addition, at 7. ⅴ 1993 The legal denomination of the Denar, with which a penny had a value of 100 previously valuable bonuses. The current edition of the Macedonian banknotes was released in circulation on 8. ⅸ 1996. And consists of paper money in denominations of 10, 50, 100, 1 000 and from 5 000 denars, which are the work of fine artist Biljana Unkovska. Banknotes carry art solutions that express the rich cultural and historical heritage of Macedonia (statue of the goddess Isis found in Ohrid, detail from the mosaic of the Basilica in Stobi, a meter from the church of Sts. Georgi from the village. Kurbinovo, ceiling rosette from Albanian house Debar, the golden mask found in the village. Trebeniste, an icon of the church of small St. Doct from Ohrid, Bronze figure of Menada, found in Tetovo, etc.). Lit: Kiki Mangova Ponjvic, Vanco Kargov, 60 years Central Banking in the Republic of Macedonia, the National Bank of the Republic of Macedonia, Skopje, 2006, 87-109. D. P.


Original article in Macedonian language Cyrillic alphabet
Кириличен напис МОНЕТАРНО ОСАМОСТОЈУВАЊЕ И ВОВЕДУВАЊЕ НА ДЕНАРОТ

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