Yugoslavia's 1965 coinage reform replaced the old dinar series following years of post-war inflation that had steadily eroded the currency's purchasing power. The reform redenominated at 100:1, making this 20 para piece worth what had recently been 20 old dinars. Aluminium-brass was the standard workhorse alloy for Yugoslav fractional coinage throughout this period, durable enough to survive the country's mixed industrial-agrarian economy and the heavy daily handling that came with it.
Yugoslavia's 1965 coinage reform replaced the old dinar series following years of post-war inflation that had steadily eroded the currency's purchasing power. The reform redenominated at 100:1, making this 20 para piece worth what had recently been 20 old dinars. Aluminium-brass was the standard workhorse alloy for Yugoslav fractional coinage throughout this period, durable enough to survive the country's mixed industrial-agrarian economy and the heavy daily handling that came with it.