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20 Novih Dinara

Issuer Narodna Banka Jugoslavije (National Bank of Yugoslavia)
Year 1994
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Value 20 New Dinars (20 нових динара) (20 YUM)
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Obverse lettering НАРОДНА БАНКА ЈУГОСЛАВИЈЕ Ђура Јакшић 1832 - 1878 20 ДВАДЕСЕТ НОВИХ ДИНАРА ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ Д. АНДРИЋ ФЕЦ А. ДИМИТРИЈЕВИЋ - Д. АНДРИЋ CЦ
(Translation: National bank of Yugoslavia Đura Jakšić 1832 - 1878 20 Twenty new dinars Counterfeiting is punishable by law)
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Reverse lettering БЕОГРАД 3. март 1994. ЗАМЕНИК ГУВЕРНЕРА - ГУВЕРНЕР Б. Газивода D. Avramović Манастир Враћевшница СР ЈУГОСЛАВИЈА 20 ДВАДЕСЕТ НОВИХ ДИНАРА НАРОДНА БАНКА ЈУГОСЛАВИЈЕ - ЗАВОД ЗА ИЗРАДУ НОВЧАНИЦА И КОВАНОГ НОВЦА - БЕОГРАД С. ХЛАСНИ - Т. ПЕРИЋ KГ
(Translation: Belgrade March 3rd 1994 Deputy governor B. Gazivoda D. Avramović Vraćevšnica Monastery FR Yugoslavia 20 Twenty new dinars National bank of Yugoslavia - Institute for coin and banknote manufacturing – Belgrade)
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The "novih" (new) dinar series was introduced in January 1994 as Yugoslavia's third currency redenomination in under two years — each one peeling zeros off a hyperinflation that peaked at roughly 313 million percent monthly in January 1994, briefly the second-worst hyperinflation ever recorded. The novi dinar itself lasted less than a year before Avramović's currency reform later that same year replaced it with the "super dinar," pegged to the Deutschmark at parity.

Dragoslav Avramović, whose signature appears on this note as governor, was the architect of that subsequent stabilization — unusual to see his name on a note belonging to the crisis he was brought in to end.

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