10 Macedonian denar

Security features: microprint,intaglio

This 10 denar note belongs to the first denar series issued by the newly independent Republic of Macedonia in 1992, immediately following its separation from Yugoslavia. The series was in circulation for only one year (1992–1993) before being replaced by a redesigned second denar series in May 1993. The use of the Vergina Sun (a symbol discovered in 1977 at the royal tombs at Vergina in Greek Macedonia and associated with Philip II of Macedon) on the currency and national flag led to a naming dispute with Greece, which objected to its use. This dispute was a major factor in the series' brief circulation period. Under the 1995 Interim Accord with Greece, Macedonia agreed to remove the Vergina Sun from its flag and state emblems. These first-issue notes are now historical artifacts of Macedonia's early independence period and the complex cultural-political issues surrounding Macedonian national identity. The denomination '10 denari' was part of the initial currency reform that established the denar at par with the Yugoslav dinar. All notes in this series featured the Vergina Sun as the central motif. No documented serial-year encoding is known for this issuer's early series.