Para (currency) Para (currency) The para (Cyrillic: пара, from Turkish "para", from Persian "pārah", "piece" ) was a former currency of the Ottoman Empire, Turkey, Montenegro, Albania and Yugoslavia and is the current subunit, although rarely used, of the Serbian dinar. As a former Ottoman and Turkish currency, it was 1/40 of a "kuruş", which was, in turn, 1/100 of a Turkish lira. It was also earlier 3 "akçe" The modern Turkish lira is only divided into "kuruş". In Serbia, the "para" has been the subunit of the dinar since the 19th century. The Montenegrin perper was subdivided into 100 "pare" during
Rise of the Ottoman Empire Turkic tribe which migrated out of Central Asia in the wake of the Mongol Conquests. As evidenced by coins minted during his reign, Osman's father was named Ertuğrul, but beyond this the details "are too mythological to be taken for granted." The origins of the Ottoman dynasty thus remain obscure, shrouded in myth and legend, and the identity of Osman's tribe and ancestors is not known for certain. Likewise, nothing is known about how Osman first established his principality ("beylik") as the sources, none of them contemporary, provide many different and conflicting origin stories. What is certain is that at