Para (currency)

The para (Ottoman Turkish: پاره, romanized: pare, para, from Persian پاره, Sorani Kurdish: پارە pâre, 'piece';[1][2] Cyrillic: пара) was a former currency of the Ottoman Empire, Turkey, Egypt, Montenegro, Albania and Yugoslavia and is the current subunit, although rarely used, of the Serbian dinar.

In 1524, the Ottoman law code of Egypt (kanunname) referred to the Mamluk Egyptian coin medin as pare and set its value as 2+1⁄2 dirham.

Since 1640 the value of para was settled relative to Ottoman currency, at 3 akçe.

In the 16th and 17th centuries pare were minted in many parts of the empire, in Asia and north Africa.

In Albanian, Kurdish, Greek, Bulgarian, Macedonian, Mandaic, Romanian, Bosnian, Serbian, Croatian and Turkish, para or its plural παράδες, pari, pare, parale, parai, paraja or paralar is a generic term for money.