The two "Macedonia"

Macedonia is a historic region located in Southern Europe and currently divided into two administrative regions comprising:

  • The Republic of North Macedonia, the former Yugoslav Republic of Macedonia (FYROM in English) located in the Balkan Peninsula and independent since 1991.
  • "Greek" Macedonia, a region of Greece which corresponds to the greater part (center, south and east) of the historic kingdom of Macedonia.

The confusion between North Macedonia and the Greek region of Macedonia leads to regional tensions which culminate in a final agreement reached on February 12, 2019 between the former Macedonia and the Hellenic Republic. This name change is validated by referendum and then ratified by the parliaments of the two countries ... The new Republic of North Macedonia is born!



A young nation with an ancient history

The Republic of North Macedonia (in Macedonian Северна Македонија) is located in the Balkan peninsula. Known from 1991 to 2019 as the "Republic of Macedonia" or "the former Yugoslav Republic of Macedonia", this country is one of the successor states of Yugoslavia, from which it peacefully declared its independence in 1991. Without access to the sea, North Macedonia shares borders with Greece, Bulgaria, Serbia, Kosovo and Albania. The country, which has a population of two million, occupies approximately the northern half of geographic Macedonia, which also extends into Bulgaria and Greece. Its capital and largest city is Skopje. The country is mainly mountainous and has about fifty lakes.

Due to its position in Europe, the territory of the republic has experienced many occupations and migrations, the most notable being the Byzantine age, the arrival of the Slavs in the 6th century, then an Ottoman domination lasting five centuries. These presences have shaped a culture rich in influences, since in addition to citizens belonging to the Macedonian people, the country has significant Albanian, Turkish and Roma minorities. North Macedonia has a majority of Orthodox Christian inhabitants, but also a strong Muslim community (1).



Banknotes Issues

The first issue of 1992 was conceived and developed in the greatest secrecy a few months before independence and the difficulties encountered perfectly reflect the average and rather poor quality of this series: the 6 bills of 10, 25, 50, 100, 500 and 1000 denars, strictly identical, are printed in monochrome and differ only in their color. The larger values ​​of 5,000 and 10,000 denars are more elaborate and multicolored.

From 1993, the National Bank of Macedonia was replaced by the National Bank of the Republic of Macedonia. The 5 new banknotes of 10, 20, 50, 100 and 500 denars designed by artist Biljana Unkosvska give pride of place to the country's major historical and religious monuments.

The banknotes of the third series issued between 1996 and 2018 are more colorful and perpetuate the historical vein of Macedonian art and architecture. A new value of 5000 denars was put into circulation in 1996. In 2016, two new values ​​of 200 and 2000 denars appeared and in May 2018, the first two polymer banknotes of 10 and 50 denars Type 2018 were put into circulation.

Go now to discover the 26 banknotes of the Numizon catalog!




Notes

(1) North macedonia, wikipedia.


Our sources