Catalog
1 Novi Dinar large, with ЈНБ logo
| Issuer | National Bank of Yugoslavia |
|---|---|
| Year | 1994-1995 |
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| Composition | Nickel brass |
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|---|---|
| Obverse script | Cyrillic, Latin |
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| Reverse description | The denomination numeral '1' is prominently displayed in large format at the center of the field, executed in a bold, modern typeface. The bilingual currency name НОВИ ДИНАР in Cyrillic and NOVI DINAR in Latin script runs along the upper periphery, separated by a central dot, encircling the numeral. The year of issue appears in the lower exergual area beneath the central device, with a beaded border enclosing the entire reverse design. |
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| Additional information |
Yugoslavia's dinar collapsed so completely in 1993 that the country recorded what remains one of the worst hyperinflationary episodes in recorded history — prices doubling roughly every 34 hours at the peak. The novi dinar, introduced in January 1994 under governor Dragoslav Avramović, was pegged 1:1 to the Deutsche Mark as the cornerstone of his emergency stabilization program. It worked, briefly.
The ЈНБ logo variant distinguishes issues of the Jugoslovenska Narodna Banka during the peg's operational window before political pressures unraveled the program by 1995.