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50 000 000 Dinara

Issuer Narodna Banka Republike Srpske (National Bank of Republika Srpska)
Year 1993
Type Standard circulation banknote
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Reverse description Purple and pink on light underprint, centered on an elaborate curved vignette composed of stylized feather-like and teardrop guilloche elements arranged in a symmetrical rosette. The arms of Republika Srpska — a double-headed eagle bearing a cross and four Cyrillic letters — are placed at right, with the denomination rendered in both numerals and words along the lower margin. The place and date of issue, BANJA LUKA 1993, appear at lower left.
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Protection type Watermark
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Comments

Republika Srpska's hyperinflationary spiral of 1993 produced denominations that would have been unthinkable eighteen months earlier. The 50,000,000 dinar note was not an outlier — it was quickly overtaken by even larger denominations as monthly inflation rates ran into the billions of percent. ZIN in Belgrade printed the series throughout, which was a practical arrangement given the political alignment between Pale and Belgrade at the time, though it made the Narodna Banka Republike Srpske something closer to a distribution mechanism than an independent issuing authority.

A watermark is the sole security feature — appropriate for a note whose purchasing power evaporated within days of issue.