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1 Novi Dinar large, with ЈНБ logo
| Issuer | National Bank of Yugoslavia |
|---|---|
| Year | 1994-1995 |
| Type | Log in to see details |
| Value | 1 New Dinar (1 нови динар) (1 YUM) |
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| Composition | Log in to see details |
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| Diameter | Log in to see details |
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|---|---|
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| Reverse lettering | НОВИ ДИНАР·NOVI DINAR 1 1994 (Translation: 1 New Dinar) |
| Edge | Plain |
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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.