Catalog
1 Novi Dinar small, with eagle
| Issuer | Yugoslavia |
|---|---|
| Year | 1996-1999 |
| 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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| Obverse description | Log in to see details |
|---|---|
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| Reverse description | The reverse features the bold numeral '1' prominently displayed in the centre of a raised circular disc, dominating the field. A bilingual circular legend arcs around the upper portion of the coin, reading 'НОВИ ДИНАР' in Cyrillic on the left and 'NOVI DINAR' in Latin on the right, separated by a raised dot. The date of issue appears in the lower exergual area beneath the central numeral. The entire design is enclosed within a continuous beaded border running along the rim. |
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| Mintage | 1996 - - 80,122,000 1999 - - 21,686,000 |
| Additional information |
The novi dinar was introduced in January 1994 as Yugoslavia — by then reduced to Serbia and Montenegro — attempted to arrest a hyperinflation that had briefly produced the largest denomination banknote in history: the 500 billion dinar note. Economist Dragoslav Avramović's stabilization program pegged the new currency to the Deutschmark at parity, and for roughly two years it held. This coin belongs to the subsequent series issued after that peg collapsed and Avramović was dismissed in 1996.
The series ran until NATO bombing in 1999 effectively ended normal economic life in the Federal Republic.