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
Japanese currency seventh century, these currencies (alongside other reforms) were based off the Chinese system and were therefore based on the Chinese units of measurement. In modern times the usage of "Fuhonsen" has often been interpreted as charms rather than currency but recent discoveries have uncovered that these copper coins were in fact the first government-made coinage of Japan. Japan's first formal currency system was the "Kōchōsen" (Japanese: 皇朝銭, "Imperial currency"). It was exemplified by the adoption of Japan's first official coin type, the "Wadōkaichin". It was first minted in 708 CE on order of Empress Genmei, Japan's 43rd Imperial ruler. ""Wadōkaichin""