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
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,