50 Filira

Zagreb's city treasury issued emergency fractional notes in 1919 to address the acute coin shortage that plagued the newly formed Kingdom of Serbs, Croats and Slovenes in its first months. The collapse of Austro-Hungarian monetary infrastructure left small-denomination coinage essentially unavailable across much of the former empire's territory, and municipal bodies across the region filled the gap with locally printed scrip — none of which carried any guarantee beyond the issuing city's own credit.

The Zagreb series circulated alongside similar municipal issues from other Yugoslav towns, all of questionable legal standing under the new state's emerging monetary framework.