Catalog
10 000 Denari
| Issuer | National Bank of Macedonia |
|---|---|
| Year | 1992 |
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| Size | 145 × 77 mm |
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| Reverse description | The Makedonium memorial (Monument of the Ilinden Uprising) at centre, a striking modernist concrete structure. To the left, a vignette of men in traditional Macedonian folk costumes engaged in dance and instrumental music. Denomination and state name are rendered in Cyrillic lettering. |
| Reverse lettering | РЕПУБЛИКА МАКЕДОНИЈА 10000 ДЕСЕТ ИЛЈАДИ (Translation: Republic of Macedonia, Ten Thousand) |
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| Comments |
Macedonia's first banknote series, issued after independence from Yugoslavia in late 1991, presented an immediate logistical problem: the new state had no printing infrastructure and needed circulating currency fast. The 10,000 Denar note was part of that rushed first issue, denominated in the old Yugoslav-rooted "denar" before the 1993 redenomination slashed values by 100 and introduced the new Denar.
Hyperinflationary pressure inherited from the collapsing Yugoslav monetary system made high denominations like this one necessary almost immediately upon issue — and obsolete within months.