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 provincial currency Roman provincial currency Roman provincial currency was coinage minted within the Roman Empire by local civic rather than imperial authorities. These coins were often continuations of the original currencies that existed prior to the arrival of the Romans. Because so many of them were minted in the Greek areas of the empire, they were usually referred to until fairly recently as Greek Imperial coinage, and catalogued at the end of lists of coins minted by the Greek cities. When a new region was assimilated into Roman civilization, the continuance of pre-existing local currencies was often allowed as a matter of