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| Issuer | Narodna Banka Jugoslavije (National Bank of Yugoslavia) |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | 1 000 000 000 Dinars (1 000 000 000 Dinara) |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
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| Obverse description | Intaglio portrait of a young girl in three-quarter view occupies the left portion of the note against a pink and orange underprint. To the right, the large numeral denomination 1000000000 is set over an elaborate guilloche rosette with a central monogram cartouche, flanked by ornamental scrollwork. The bank name НАРОДНА БАНКА ЈУГОСЛАВИЈЕ / NARODNA BANKA JUGOSLAVIJE appears at the top centre, with ДИНАРА – DINARA below the numeral. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
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| Protection type | Log in to see details |
| Protection description | a young girl's portrait, matching the obverse vignette, visible when held to light. |
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| Comments |
Yugoslavia's hyperinflation of 1993 was one of the worst in recorded history, eventually reaching a monthly rate exceeding 313 million percent by December of that year. This one-billion-dinar note, which would have represented extraordinary purchasing power only years earlier, became functionally worthless within weeks of issue — often before notes in a given print run had even reached circulation counters.
ZIN had been printing redenominated notes in rapid succession throughout the year, with denominations escalating so fast that the design and engraving teams were working under severe time pressure. Damjanovski's involvement across multiple denominations in the series reflects that institutional continuity even as the currency itself collapsed.
A further redenomination in October 1993 replaced one billion old dinars with a single novi dinar.