Ottoman lira para denominations were struck in copper, the kuruş in silver and the lira in gold. The 1 para was discontinued in 1859, with the higher copper denominations ceasing production between 1863 and 1879. In 1899, billon 5 and 10 para were introduced, followed by nickel 5, 10, 20 and 40 kuruş in 1910. Gold coins continued to be minted after the abolition of the gold standard, even into the 1920s, but their value far exceeded the value of the equivalent denominations in paper currency. The central Ottoman Bank first issued paper currency Kaime in 1862, in the denomination of 200
Para (currency) its brief existence between 1906 and 1918. In Albania, the "para" was used as a currency before the introduction of the Albanian lek in 1926. In Albanian, Kurdish Greek, Bulgarian, Macedonian, Romanian, Serbian and Turkish, "para" or its plural παράδες, "pari", "pare", "parale", "parai", "paraja" or "paralar" is a generic term for "money". 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