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| Issuer | Narodna Banka Jugoslavije (National Bank of Yugoslavia) |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | Log in to see details |
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| Composition | Log in to see details |
| Size | 150 × 70 mm |
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| Printer | Log in to see details |
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| Engraver(s) | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | НАРОДНА БАНКА ЈУГОСЛАВИЈЕ NARODNA BANKA JUGOSLAVIJE 5000000 ДИНАРА – DINARA Карађорђе Петровић 500000 ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ D. ANDRIĆ FEC. |
| Reverse description | Central intaglio vignette of the Church and residential quarters (konak) of Karađorđe at Topola, rendered in fine line engraving against an orange guilloche background. The large denomination numeral 5000000 appears at lower right, with the written values ПЕТ МИЛИОНА ДИНАРА / PET MILIONA DINARA below it, and ЈУГОСЛАВИЈА / JUGOSLAVIJA inscribed at upper right. A teal numeral and anti-counterfeiting panel occupies the upper left, while the vertical inscription Црква и конак вожда Карађорђа runs along the left border, and the printer's imprint and engravers' names appear along the lower margin. |
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| Comments |
Yugoslavia's hyperinflation of 1992–94 was among the worst recorded in history, peaking at a monthly rate exceeding two million percent in January 1994. This 5,000,000 dinar note was rendered effectively worthless within weeks of issue — often before it reached the end of the distribution chain. The Narodna Banka was printing denominations that doubled or tripled in face value every few months, with ZIN running shifts around the clock to keep up with demand that no press output could realistically satisfy.
The series was superseded by the "novi dinar" reform of January 24, 1994, in which one novi dinar was exchanged at a rate of 1,000,000,000 old dinars — a ratio that rendered virtually every note from this period a rounding error.