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
History of money circulation in Azerbaijan began to function. Silver coins similar to Alexander the Great coins were minted here. The portrait of Alexander the Great was described on the surface of the coin and on the back side there was a description of Zeus. In the subsequent periods, Selevki, Frakia, Vflnia, Pontus, Bactrian, and Athenian coins were used in Albania's monetary circulation. Beginning in the 2nd century BC, the Roman coins had also been included in the Albanian territory. After the Arab invasion of Azerbaijan in the 7th century, Azerbaijan joined the Caliphate's currency circulation. The first independent money emission of the Republic of Azerbaijan,