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20 Para
| Issuer | Belgrade, Municipality of |
|---|---|
| Year | 1920 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dinar (1918-1941) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | БЕОГРАДСКА ОПШТИНА БЛАГАЈНА ОПШТИНИ ГРАДА БЕОГРАДА ЗАМЕЊУЈЕ ОВУ НОВЧАНИЦУ ОДГОВА РАЈУЋОМ ВРЕДНОШЋУ ОД 20 ПАРА У ДРЖАВ. НОВЦУ. БЛАГАЈНИК ПРЕДСЕДНИК БЕОГРАД ЈУНА 1920 ПАРА 20 ПАРА 20 PARA PARA |
| Reverse description | Log in to see details |
| Reverse lettering | ПАРА 1920 PARA 20 20 БЕОГРАДСКА ОПШТИНА |
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| Variants | Log in to see details |
| Comments |
Municipal fractional notes of this kind emerged across Yugoslavia in the early 1920s because the new Kingdom's monetary unification was badly mismanaged — small-denomination coins were chronically absent from circulation, and local governments stepped in to fill the gap. Belgrade's municipality was among dozens that printed their own emergency scrip during this period, with no central coordination and wildly inconsistent redemption guarantees.
The 20 Para denomination sits at the bottom of practical utility, worth one-fifth of a Dinar at a moment when the Dinar itself was under severe inflationary pressure following the war.