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50 Denari

Issuer National Bank of Macedonia
Year 1992
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Value 50 Denars (50 денари)
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Obverse description The central vignette presents workers engaged in a tobacco harvest, rendered in an illustrative style characteristic of early 1990s Eastern European banknote design. A multicolour underprint with guilloche patterning fills the background, while the denomination numeral 50 appears at lower right accompanied by the Cyrillic legend ПЕДЕСЕТ. Surrounding inscriptions identify the National Bank of Macedonia, the city of issue Skopje, and the year 1992, with a statutory falsification warning also incorporated into the design.
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Reverse lettering РЕПУБЛИКА МАКЕДОНИЈА 50 ПЕДЕСЕТ
(Translation: Republic of Macedonia 50 Fifty)
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Comments

Macedonia's first banknote series, issued in 1992 following independence from Yugoslavia, was produced under considerable logistical pressure — the new state needed a functioning currency almost immediately, and the denari replaced the Yugoslav dinar at a time when hyperinflation was already consuming the old currency's purchasing power across the region. The 50 Denari was among the lowest denominations in that inaugural set, which quickly became inadequate as inflation pushed transactions toward higher values.

Pick 3 is notably short-lived in circulation terms. Within a few years the entire 1992 series was superseded, limiting the window during which these notes were actively used.

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