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50 000 Dinara

Issuer Narodna Banka Jugoslavije (National Bank of Yugoslavia)
Year 1992
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Reference(s) P#117
Obverse description Purple, olive-green, and deep blue-green intaglio-printed note with a vignette of a young boy at left and the National Bank monogram at center, set against a fine guilloche underprint. The denomination and issuing authority inscriptions appear in Cyrillic and Latin script, with the engraver's signature noted at lower right.
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Reverse description The reverse is dominated by a large intaglio vignette of two roses — one rendered in deep rose-red at left and one in blue-green at right — set against a fine guilloche underprint. The country name appears in Cyrillic and Latin script at upper right, with the denomination numeral 50000 in large multicolour figures at lower right, accompanied by the value spelled out in both scripts. The printer's imprint and engravers' credits are rendered in small text along the lower margin.
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Comments

By the time this note entered circulation, Yugoslavia's hyperinflation was already accelerating toward one of the most severe episodes in monetary history. The 50,000 Dinar denomination, which would have seemed extraordinary just years earlier, was rendered functionally worthless within months of issue — the National Bank was forced to introduce notes of progressively higher denominations throughout 1992 and 1993, culminating in the 500 billion Dinar note of 1993.

ZIN had been printing Yugoslav currency since the interwar period, but the pace demanded during this collapse put the institution under extraordinary pressure. Paper quality and security features were increasingly secondary concerns against the urgency of simply getting denominations into circulation fast enough to match collapsing purchasing power.

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