The denar (Macedonian: денар; paucal: denari / денари; sign: den, code: MKD) is the currency of North Macedonia. It is subdivided into one hundred deni (дени), which is no longer in use since 2013.
MKD Coins
In May 1993, coins for the second denar were introduced in denominations of 50 deni, 1, 2, and 5 denari. The design was performed by Dimche Boshkoski and Snezhana Atanasovska. 10 and 50 denari coins were introduced in November 2008. The 50 deni coin was withdrawn in 2013; due to its low mintage (it was only struck in 1993) it was practically never seen in circulation.
Since 1996 a large number of commemorative coins for collectors has been issued. A listing can be found on the National Bank of North Macedonia website.
Coins are minted at the Suvenir factory in Samokov, a village near Makedonski Brod.
Due to North Macedonia’s name change as part of the Prespa agreement a new set of coins featuring the name North Macedonia is being released into circulation. Starting with 1 denar coins in April 2021.
In 1995 circulation coins (valued 1, 2, and 5 denari) were struck in honor of the United Nations F.A.O programme.
MKD Banknotes
In 1993, the new denar was issued in denominations of 10, 20, 50, 100 and 500 denari. The 20 denari was only issued in this first series of notes. In 1996, 1000 and 5000 denari notes were added. In 2016, 200 and 2000 denari notes were issued, while the National Bank of the Republic of North Macedonia began withdrawing the 5000 denari banknote from circulation as part of the National Bank’s plans to re-balance the current structure of the notes in circulation. In 2017, the National Bank of the Republic of North Macedonia unveiled its current banknotes, 10 and 50 denari, printed as polymer banknotes, and were issued into circulation on May 15.