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
Lithuanian long currency identified three main differences: Lithuanian long currency The so-called Lithuanian long currency was a type of money used by the Baltic tribes and in the early Grand Duchy of Lithuania in the 12th–15th centuries. It was commodity money in the form of silver ingots. Most often they were semicircular rods about in length and weighted between . Other trading centers, notably Kievan Rus' and Veliky Novgorod, developed their own version of such ingots which are known as grivna or grzywna. The ingots were replaced by minted coins in the middle of the 15th century. The currency was mentioned already by