100 Dinara NBS logo

The 2003–2004 100 Dinara was the first series issued by the Narodna Banka Srbije under that name — the institution had been redesignated following the dissolution of the Federal Republic of Yugoslavia and the formal separation from Montenegro still two years away. ZIN in Topčider has handled Serbian banknote production since the interwar period, and this note was printed entirely domestically at a moment when the country was rebuilding its monetary institutions from scratch after the hyperinflationary catastrophe of the early 1990s.

Security features are minimal by contemporary standards — watermark only, no metallic thread.