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| Issuer | National Bank of the Republic of Macedonia |
|---|---|
| Year | 2016 |
| Type | Log in to see details |
| Value | 1 Denar (1 денар) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
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| Obverse lettering | РЕПУБЛИКА МАКЕДОНИЈА • 2016 • (Translation: Republic of Macedonia) |
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| Mintage | 2016 |
| Additional information |
Macedonia's denar coinage was reintroduced in 1993 following the country's independence from Yugoslavia, replacing the Yugoslav dinar at par. The magnetic plated steel composition adopted for this denomination reflects a regional shift toward cheaper base-metal coinage that swept through the Balkans during the 1990s and 2000s as silver and cupro-nickel became cost-prohibitive for low-denomination circulation strikes. KM#2 has remained essentially unchanged across multiple decades of production — a longevity that speaks more to institutional inertia than to deliberate design policy.