Principality of Serbia on the road towards European monetary standards
In 1868, after more than four centuries, the Principality of Serbia decided to rebuild national monetary system in line with the minting standards of the Latin Monetary Union. The paper explains the international circumstances in which this decision was made and analyzes a specific plan created for...
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Format: | Article |
Language: | English |
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Association of Serbian Banks
2015-01-01
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Series: | Bankarstvo |
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Online Access: | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2015/1451-43541502012G.pdf |
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author | Gnjatović Dragana |
author_facet | Gnjatović Dragana |
author_sort | Gnjatović Dragana |
collection | DOAJ |
description | In 1868, after more than four centuries, the Principality of Serbia decided to rebuild national monetary system in line with the minting standards of the Latin Monetary Union. The paper explains the international circumstances in which this decision was made and analyzes a specific plan created for the implementation of monetary reform. Because of the general shortage of small coins in circulation, Serbia decided firstly to mint domestic copper and small silver coins, and subsequently larger denominations of silver and gold coins. The research is based on archival documents of the State Council of the Principality of Serbia that are kept in the Archives of Serbia in Belgrade. |
first_indexed | 2024-04-12T17:32:34Z |
format | Article |
id | doaj.art-ffb85516e9f34b8fae7dbe1b2a6f27e7 |
institution | Directory Open Access Journal |
issn | 1451-4354 2466-5495 |
language | English |
last_indexed | 2024-04-12T17:32:34Z |
publishDate | 2015-01-01 |
publisher | Association of Serbian Banks |
record_format | Article |
series | Bankarstvo |
spelling | doaj.art-ffb85516e9f34b8fae7dbe1b2a6f27e72022-12-22T03:23:06ZengAssociation of Serbian BanksBankarstvo1451-43542466-54952015-01-01442123310.5937/bankarstvo1502012G1451-43541502012GPrincipality of Serbia on the road towards European monetary standardsGnjatović Dragana0Fakultet za hotelijerstvo i turizam, Vrnjačka BanjaIn 1868, after more than four centuries, the Principality of Serbia decided to rebuild national monetary system in line with the minting standards of the Latin Monetary Union. The paper explains the international circumstances in which this decision was made and analyzes a specific plan created for the implementation of monetary reform. Because of the general shortage of small coins in circulation, Serbia decided firstly to mint domestic copper and small silver coins, and subsequently larger denominations of silver and gold coins. The research is based on archival documents of the State Council of the Principality of Serbia that are kept in the Archives of Serbia in Belgrade.http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2015/1451-43541502012G.pdfnational currencyFrench minting standardsLatin Monetary UnionPrincipality of Serbia |
spellingShingle | Gnjatović Dragana Principality of Serbia on the road towards European monetary standards Bankarstvo national currency French minting standards Latin Monetary Union Principality of Serbia |
title | Principality of Serbia on the road towards European monetary standards |
title_full | Principality of Serbia on the road towards European monetary standards |
title_fullStr | Principality of Serbia on the road towards European monetary standards |
title_full_unstemmed | Principality of Serbia on the road towards European monetary standards |
title_short | Principality of Serbia on the road towards European monetary standards |
title_sort | principality of serbia on the road towards european monetary standards |
topic | national currency French minting standards Latin Monetary Union Principality of Serbia |
url | http://scindeks-clanci.ceon.rs/data/pdf/1451-4354/2015/1451-43541502012G.pdf |
work_keys_str_mv | AT gnjatovicdragana principalityofserbiaontheroadtowardseuropeanmonetarystandards |