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Rule · NBRM · 21 Dec 2015

Decision on Issue and Main Features of 1 Denar Coins

monetary

The decision defines the basic technical and design specifications for 1 Denar coins, requiring them to be produced from steel coated with copper and brass, to measure 23.80 mm in diameter, 1.70 mm in thickness, weigh 5.10 g (with tolerances of ±0.05 mm, ±0.08 mm and ±0.40 g), and to have smooth edges. The obverse must display the figure “1” with the word “DENAR” beneath and sixteen rectangular rays, while the reverse must show a Macedonian sheepdog surrounded by the legend “REPUBLIC OF MACEDONIA” and the minting year “2016”. Coins issued under this decision shall remain in circulation, and the decision becomes effective on the eighth day after its publication in the Official Gazette.

North MacedoniaNational Bank of the Republic of North Macedonia

Official Gazette of RM No. 223 dated 21 December 2015 NATIONAL BANK OF THE REPUBLIC OF MACEDONIA Pursuant to Article 25 and 47 paragraph 1 item 20 of the Law on the National Bank of the Republic of Macedonia (Official Gazette of the Republic of Macedonia No. 158/10, 123/12, 43/14 and 153/15), the National Bank of the Republic of Macedonia Council adopted the following DECISION ON THE ISSUE AND MAIN FEATURES OF COINS IN DENOMINATION OF 1 DENAR

  1. This Decision shall determine the basic features of coins in denomination of 1
    Denar, issued by the National Bank of the Republic of Macedonia.
  2. Coins in denomination of 1 Denar shall be made of steel coated with two layers,
    the first of which shall be made of copper and the second one of brass.
  3. Coins in denomination of 1 Denar shall be made in a diameter of 23.80 mm and a
    thickness of 1.70 mm and a weight of 5.10 grams.
    For each coin there shall be a tolerance of 0.05 mm above or below the diameter specified in paragraph 1 of this Article, 0.08 mm above or below the thickness specified in paragraph 1 of this Article, and the weight tolerance to 0.40 grams above or below the weight specified in paragraph 1 of this Article. The coin edges shall be smooth.
  4. The coins in denomination of 1 Denar shall have the following features:
  • Front side (obverse): in the middle, number 1 shall be written as a figure, with the
    word "DENAR" being inscribed underneath in a semicircle. In the upper half of the coin, in a semicircle, sixteen rays in rectangular form shall be presented. The number "1" lies on the ray.
  • Back side (reverse): in the middle, a Macedonian sheepdog shall be engraved, with
    “REPUBLIC OF MACEDONIA" being written around it in a circular form. In the bottom of the coin, the year of minting "2016" shall be engraved in a semicircle form.
  1. Coins in denomination of 1 Denar issued in accordance with the Decision on issue,
    denomination and the basic features of coins and banknotes ("Official Gazette" No. 25/93) shall remain in circulation.
  2. This Decision shall enter into force on the eighth day from the day of its publication
    in the Official Gazette of the Republic of Macedonia.
    D. No. 02-15/XVI-5/2015
    17 December 2015
    Governor and Chairperson of the Council of the National Bank of the Republic of Macedonia Dimitar Bogov

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Source: National Bank of the Republic of North Macedonia — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works

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