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| Issuer | National Bank of the Republic of Macedonia |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Rectangular |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | НАРОДНА БАНКА НА РЕПУБЛИКА МАКЕДОНИЈА СТО ДЕНАРИ НАРОДЕН МУЗЕЈ – ОХРИД СКОПЈЕ, 1993 ЗАМЕНИК НА ГУВЕРНЕРОТ ГУВЕРНЕР |
| Signature(s) | Log in to see details |
| Protection type | Watermark |
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| Variants | Log in to see details |
| Comments |
Macedonia declared independence from Yugoslavia in September 1991, but the denar wasn't introduced until April 1992, replacing the Yugoslav dinar at par. This 1993 issue came just as the country was navigating a double crisis: an economic embargo imposed by Greece over the naming dispute, and the collapse of Yugoslav trade networks that had underpinned Macedonian industry. Oberthur's Rennes facility handled the printing — a logical choice given French printing houses had long supplied newly independent states seeking credible currency production outside their immediate region.
The watermark is the sole listed security feature, which reflects the budgetary constraints of a very young central bank.