50 Novih Dinara

Yugoslavia's hyperinflation of 1993–94 was among the worst ever recorded, briefly requiring denominations in the trillions. The "novi dinar" redenomination — introduced in January 1994 at a rate of 1 novi dinar to 1,000,000,000,000 old — was engineered by economist Dragoslav Avramović and initially held. By 1996, however, the economy was deteriorating again under sanctions, and notes like this one were being issued into a currency that would not survive the decade.

ZIN's domestic production of this series kept printing entirely within Serbia, a practical consequence of Yugoslavia's international isolation following UN sanctions imposed in 1992.