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50 Denari Polymer

Issuer National Bank of the Republic of Macedonia
Year 2018
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Size 143 × 70 mm
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Obverse description Central vignette of a copper follis of Emperor Anastasius I (491–518), set beneath a decorative stucco arch drawn from the south wall of the Church of St. Panteleimon in Gorno Nerezi, Skopje. The denomination and issuing authority appear in Cyrillic script, with guilloche underprint patterns across the field. The note's polymer substrate incorporates a transparent window element as part of the security design.
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Protection description Transparent polymer window integrated into the note substrate; embedded security thread running through the note body.
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Comments

Macedonia's polymer 50 Denari was issued as part of a broader push to modernize the lower-denomination notes, which had previously been printed on paper and suffered disproportionate wear given their everyday use. The shift to polymer for the 50 Denari specifically made practical sense — low-value notes circulate harder and longer than higher denominations before replacement.

Thomas De La Rue's involvement is unsurprising given their extensive contracts across Southeast Europe during this period. The transparent window is integral to the substrate rather than an applied feature, which is the standard De La Rue polymer construction.

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