Krov dinar
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Krov dinar | |
---|---|
NO | |
ISO 4217 | |
Code | RKD |
Denominations | |
Subunit | |
1/100 | lipa |
Plural | dinari |
Symbol | din |
Banknotes | |
Freq. used | 10, 20, 50, 100, 200 dinar |
Rarely used | 5, 500, 1000 dinar |
Coins | |
Freq. used | 1, 2, 5, 10, 20 lipa |
Rarely used | 10 dinars |
Demographics | |
Date of introduction | 1872 |
User(s) | Krovech |
Issuance | |
Central bank | National Bank of Krovech |
Website | www.nbk.kr |
Valuation | |
Inflation | 1.9% |
The Krov dinar is the official currency of Krovech since 1421 and is further divided into 100 lipa. The current dinar replaced the previous after the fall of it's monarchy in 1872 in its conventions to forge todays modern republic.
History
The first usage of the dinar dates back to the feudal kingdom under the Inovo Dynasty after the Kamenar War. The regional Marindom currency was minted in silver and was seen beyond other regions like the Vojnika territories. After the Treaty of Algrade the currency was further introduced as an official currency across the kingdom. The current series of banknotes was created after the government reform after the change in administrations for rebranding purposes.