The first mention of a "

Serbian dinar The dinar (, ; paucal: dinara / динара; Currency symbol, abbreviation: DIN (Gaj's Latin alphabet, Latin) and дин (Serbian Cyrillic alphabet, Cyrillic); ISO 4217, code: RSD) is the currency of Serbia. The dinar was first used in Serbia in ...

" dates back to the reign of Stefan Nemanjić in 1214. Until the fall of the

Serbian Despotate The Serbian Despotate () was a medieval Serbian state in the first half of the 15th century. Although the Battle of Kosovo in 1389 is mistakenly considered the end of medieval Serbia, the Despotate, a successor of the Serbian Empire and Moravi ...

in 1459, most of the Serbian rulers minted silver dinar coins. Emperor

Stefan Dušan Stephen (honorific), Stefan Uroš IV Dušan ( sr-Cyrl, Стефан Урош IV Душан), also known as Dušan the Mighty ( sr-Cyrl, Душан Силни; – 20 December 1355), was the King of Serbia from 8 September 1331 and Emperor of th ...

adopted the Byzantine ''

hyperpyron The ''hyperpyron'' (, ''nómisma hypérpyron'' ) was a Byzantine coin in use during the late Middle Ages, replacing the '' solidus'' as the Byzantine Empire's standard gold coinage in the 11th century. It was introduced by emperor Alexios I Komneno ...

'' (perper), a large unit of currency: the imperial

tax A tax is a mandatory financial charge or levy imposed on an individual or legal entity by a governmental organization to support government spending and public expenditures collectively or to regulate and reduce negative externalities. Tax co ...

was one perper per year per house.

Vladimir Ćorović Vladimir Ćorović ( sr-cyrl, Владимир Ћоровић; 27 October 1885 – 12 April 1941) was a Serb historian, university professor, author, and academic. Ćorović served two terms as the Rector of the University of Belgrade and twice ...

Историја српског народа
: V.

The first Serbian dinars, like many other Southern European coins, replicated

Venetian grosso The Venetian grosso (plural grossi) is a silver coin first introduced in Venice in 1193 under doge Enrico Dandolo. It originally weighed 2.18 grams, was composed of 98.5% pure silver, and was valued at 26 . Its name is from the same root as ...

, including characters in Latin (the word ''dux'' replaced with the word ''rex''). For many years it was one of the main export articles of medieval Serbia, considering the relative abundance of silver coming from Serbian mines. While multiple foreign currencies circulated medieval Serbia, medieval dinar nevertheless maintained stable value from early thirteen till the mid fourteen century when 24 dinars were exchanged for 1 gold coin ducat. Venetians were weary of this, and

Dante Alighieri Dante Alighieri (; most likely baptized Durante di Alighiero degli Alighieri; – September 14, 1321), widely known mononymously as Dante, was an Italian Italian poetry, poet, writer, and philosopher. His ''Divine Comedy'', originally called ...

went so far as to put the Serbian king of his time,

Stefan Milutin Stefan Uroš II Milutin ( sr-Cyrl, Стефан Урош II Милутин, Stefan Uroš II Milutin; 1253 – 29 October 1321), known as Saint King, was the King of Serbia between 1282–1321, a member of the Nemanjić dynasty. He was one ...

, in Hell as forgerer (along with his Portuguese and Norwegian counterparts): In 1435

Despot of Serbia The Serbian Despotate () was a medieval Serbian state in the first half of the 15th century. Although the Battle of Kosovo in 1389 is mistakenly considered the end of medieval Serbia, the Despotate, a successor of the Serbian Empire and Moravian ...

Đurađ Branković Đurađ Vuković Branković ( sr-Cyrl, Ђурађ Вуковић Бранковић, ; 1377 – 24 December 1456) served as the Serbian Despot from 1427 to 1456, making him one of the final rulers of medieval Serbia. In 1429, Branković was form ...

carried out monetary reform which devaluated the exchange rate to 35-40 dinars for 1 Venetian ducat

Gallery

Coin of Stefan Uroš I.jpg, Dinar of

Stefan Uroš I Stefan Uroš I ( sr-Cyrl, Стефан Урош I; 1223 – 1 May 1277), known as Uroš the Great () was the King of Serbia from 1243 to 1276, succeeding his brother Stefan Vladislav. He was one of the most important rulers in Serbian history ...

(r. 1243–1276). Dinar of King Stefan Dragutin.jpg, Dinar of King

Stefan Dragutin Stefan Dragutin ( sr-Cyrl, Стефан Драгутин, ; died 12 March 1316), was List of Serbian monarchs, King of Serbia from 1276 to 1282. From 1282, he ruled a Realm of Stefan Dragutin, separate kingdom which included northern Serbia, and ...

(r. 1276–1282). Coin of Stefan Milutin.jpg, Dinar of King

(r. 1282–1321). Coins of Stefan Uroš III.jpg, Dinars of King

Stefan Uroš III Stefan may refer to: * Stefan (given name) * Stefan (surname) * Ștefan, a Romanian given name and a surname * Štefan, a Slavic given name and surname * Stefan (footballer) (born 1988), Brazilian footballer * Stefan Heym, pseudonym of German writ ...

(r. 1321–1331). Coin of Emperor Stefan Dušan.jpg, Dinar of Emperor

(r. 1331–1355).

References

Sources

* * * * * * * * * * {{refend Economy of Serbia in the Middle Ages

Serbia , image_flag = Flag of Serbia.svg , national_motto = , image_coat = Coat of arms of Serbia.svg , national_anthem = () , image_map = , map_caption = Location of Serbia (gree ...

Old Serbian inscriptions

Gallery

See also

References

Sources