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10 000 000 Dinara

Issuer Narodna Banka Republike Srpske Krajine (People's Bank of the Republic of Serbian Krajina)
Year 1994
Type Standard circulation banknote
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Obverse lettering НАРОДНА БАНКА РЕПУБЛИКЕ СРПСКЕ КРАЈИНЕ
10 000 000
ДЕСЕТ МИЛИОНА ДИНАРА
ГУВЕРНЕР
ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ
КНИН 1994.
(Translation: People's Bank of the Republic of Srpska Krajina / 10 000 000 / Ten million Dinars / Governor / Counterfeiting is punishable by law / Knin 1994)
Reverse description Printed entirely in rose-red on white paper, the reverse is dominated by the Serbian double-headed eagle coat of arms at centre, rendered in outline against a radiating guilloche background. Large interlocking guilloche rosettes fill the lower portion of the field, with the denomination numeral 10000000 appearing both within a cartouche at lower left and in plain numerals at lower right. The bank name NARODNA BANKA REPUBLIKE SRPSKE KRAJINE is inscribed at the top in Latin script, with the serial number and place-date KNIN 1994 at lower left, the denomination in Latin script running vertically along the left border, and the anti-counterfeiting legend at the bottom.
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Comments

The Republic of Serbian Krajina was an unrecognized breakaway state carved from Croatian territory during the Yugoslav wars, and its currency reflected that precariousness. By 1994, hyperinflation had rendered denominations of this magnitude nearly worthless within weeks of issue — the same trajectory that had already destroyed the Federal Republic of Yugoslavia's dinar and would soon force Serbia's own emergency redenomination.

ZIN in Belgrade printed this series, which tells you something about where real authority over the Krajina's monetary apparatus actually resided. The RSK ceased to exist in August 1995 when Croatian forces overran the territory in Operation Storm.

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