Catalog
1 000 000 Dinara
| Issuer | Narodna Banka Republike Srpske (National Bank of Republika Srpska) |
|---|---|
| Year | 1993 |
| Type | Standard circulation banknote |
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| Obverse description | Black and blue-violet on pale purple guilloche underprint. Intaglio portrait of Bosnian Serb writer Petar Kočić (1877–1916) at left, his name and life dates inscribed vertically alongside. A large central guilloche rosette and oval lathe-work vignette carry the denomination numeral 1000000 in bold; an additional ornate rosette occupies the right field. Bank title НАРОДНА БАНКА РЕПУБЛИКЕ СРПСКЕ is set at top center, the place and date БАЊА ЛУКА 1993. at lower right, with the Governor's signature above and the anti-counterfeiting legend ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ at foot center. |
|---|---|
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| Protection type | Watermark |
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| Comments |
Republika Srpska's hyperinflation of 1993 moved so fast that denominations became obsolete within weeks of printing. This one-million dinar note was not an extraordinary sum when issued — by late 1993, a loaf of bread could cost multiples of it. The ZIN facility in Belgrade supplied much of the printing capacity for Republika Srpska's currency during this period, a practical arrangement given the wartime conditions in Bosnia.
The series of which this forms part escalated rapidly through the billions before redenomination rendered the entire run worthless.