Lemovician denar

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Lemovician denar
Mendiluŕako denara
20LVNnote.png
50 denari banknote
Unit
Pluraldenari
SymbolÐ
Denominations
Subunit
 1/100zentimo
Plural
 zentimozentimo
Symbol
 zentimoz
Banknotes10 denari, 20 denari, 50 denari
Coins1, 5, 10, 20, 50 zentimo, 1, 2, 5 denari
Demographics
Date of introduction1979
User(s) Lemovicia (alongside East Miersan grosz)
Issuance
Central bankState Bank of Lemovicia
Valuation
Pegged withEast Miersan grosz (gr) = 1 denar

The Lemovician denar (Lemovician: Mendiluŕako denara, symbol: Ð) is the national currency of Lemovicia. First introduced in 1979, it has been set at a 1:1 peg to the East Miersan grosz, which is the most commonly used currenchy in Lemovicia.

History

Upon Lemovicia's independence from West Miersa in 1979, a need for a currency became urgent, particularly to assert its independence from West Miersa. Thus, in December 1979, the Lemovician denar was officially established, with an exchange rate set to 1 East Miersan grosz to 1 denar, with production to be made by the State Bank of Lemovicia. However, due to the Lemovician War and Miersan War, no denar coins and banknotes were produced, leading to the de-facto adoption of the East Miersan grosz by the Lemovician population, including the government.

Following the end of the Lemovician War in 1992, production of 1, 5, 10, 20, and 50 zentimo coins began, mostly for local circulation. Production of these coins ceased in 1998, as the government determined that there was enough coinage in Lemovicia for normal transactions to be conducted for the next "twenty to thirty years." Commemorative 1, 2, and 5 denari coins have been issued on an almost yearly basis since then.

In 1999, the first banknote was produced: a 20 denari banknote to celebrate the twentieth anniversary of Lemovician independence. Unlike the coins produced between 1992 and 1998, the intention of these banknotes were to sell them to collectors. This was followed in 2002 by a 10 denari banknote, to celebrate ten years of peace, and then in 2017 by a 50 denari banknote to celebrate the 25th anniversary of the end of the Lemovician war.

Banknotes

Coins

Circulating coins

Value Diameter Mass Obverse Reverse
1 zentimo 16.25 mm 2.33 grams Sheepdog Coat of arms and year of minting (1992-1998)
5 zentimo 18.00 mm 2.66 grams Farmer with oxen Coat of arms and year of minting (1992-1998)
10 zentimo 20.00 mm 3.90 grams Three arrows Coat of arms and year of minting (1992-1998)
20 zentimo 22.00 mm 4.50 grams A traditional gravestone Coat of arms and year of minting (1992-1998)
50 zentimo 23.25 mm 4.95 grams A bridge over the Andia River Coat of arms and year of minting (1992-1998)

Commemorative coins