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5 Novih Dinara

Issuer Narodna Banka Jugoslavije
Year 1994
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Value 5 New Dinars (5 нових динара) (5 YUM)
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Obverse description Portrait vignette of Nikola Tesla (1856–1943), the Serbian-born inventor and electrical engineer, occupies the right portion of the face, set against fine guilloche underprint. The National Bank of Yugoslavia monogram appears at centre, with denomination numerals and bilingual inscriptions rendered in intaglio.
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Protection type Watermark
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Comments

Yugoslavia's hyperinflation of 1992–94 was among the worst ever recorded, peaking at a monthly rate of around 313 million percent in January 1994. The "novi dinar" redenomination launched that same month replaced the old dinar at a ratio of 1 to 12.5 million — itself already a redenominated currency. This 5 Novih Dinara note was effectively obsolete within the year, when a further redenomination pegged the new dinar to the Deutschmark at parity.

Printed in-house by the NBJ's own facility in Belgrade, the series was produced under conditions of severe material shortages. A watermark was included, but the security infrastructure was minimal given the pace of production required.

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