Krov dinar

Jump to navigation Jump to search
Krov dinar
NO
ISO 4217
CodeRKD
Denominations
Subunit
 1/100lipa
Pluraldinari
Symboldin
Banknotes
 Freq. used10, 20, 50, 100, 200 dinar
 Rarely used5, 500, 1000 dinar
Coins
 Freq. used1, 2, 5, 10, 20 lipa
 Rarely used10 dinars
Demographics
Date of introduction1872
User(s)Krovechflag.png Krovech
Issuance
Central bankNational Bank of Krovech
 Websitewww.nbk.kr
Valuation
Inflation1.9%

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.