20 Tolarjev

Slovenia's first independent banknote series, introduced after the tolar replaced the Yugoslav dinar in October 1991, was designed and produced domestically — an unusual choice for a newly independent state, most of which contracted foreign security printers for their inaugural issues. The engravers named on this note, Licul, Kosovelj, and Španzel, were all Slovene professionals, and the series was printed by the Ljubljana-based Cetis.

The 1992 date reflects the formal series issue year; the tolar itself had already been circulating for several months prior. Watermark-only security was modest even by early-1990s standards, and the series was later superseded by issues with more robust features.