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500 000 000 000 Dinara

Issuer Narodna Banka Jugoslavije (National Bank of Yugoslavia)
Year 1993
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Composition Paper
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Reverse description The central vignette presents a detailed architectural rendering of the National Library of Serbia (Народна библиотека Србије) in Belgrade, executed in intaglio over a pale guilloche underprint in salmon and grey tones. The denomination 500 000 000 000 appears in large red numerals at lower right, with the written amount ПЕТ СТОТИНА МИЛИЈАРДИ ДИНАРА / PET STOTINA MILIJARDI DINARA in both Cyrillic and Latin scripts beneath. The issuing authority and place/date of issue БЕОГРАД 1993. BEOGRAD appear at lower left alongside the Deputy Governor's signature, with printer's imprint along the lower margin.
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Comments

Yugoslavia's hyperinflation of 1993 was among the most severe ever recorded — monthly inflation peaked at 313 million percent in January 1994, making this 500 billion dinar note obsolete almost immediately after issue. The dinar was redenominated multiple times in rapid succession; a note of this face value would have bought little more than a loaf of bread, if that, before the series was withdrawn.

ZIN had been printing increasingly large denominations throughout the year at a pace that outran any meaningful monetary planning. This note was not the ceiling — notes of 500 trillion dinara followed within months.

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