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
Roman currency economic need, but they wanted to emulate Greek culture; they considered the institution of minted money a significant feature of that culture. However, Roman coinage initially saw very limited use. The type of money introduced by Rome was unlike that found elsewhere in the ancient Mediterranean. It combined a number of uncommon elements. One example is the large bronze bullion, the ' (Latin for "struck bronze"). It measured about and weighed around , being made out of a highly leaded tin bronze. Although similar metal currency bars had been produced in Italy and northern Etruscan areas, these had been made