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| Issuer | Narodna Banka Jugoslavije (National Bank of Yugoslavia) |
|---|---|
| Year | 1993 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse lettering | 500000000 ЈУГОСЛАВИЈА JUGOSLAVIJA Капетан Мишино здање ПЕТ СТОТИНА МИЛИОНА ДИНАРА PET STOTINA MILIONA DINARA Falsifikovanje se kažnjava po zakonu Заменик Гувернера - Zamenik Guvernera Београд 1993. BEOGRAD Narodna Banka Jugoslavije - Zavod za Izradu Novčanica i Kovanog Novca - Beograd P. Medecijan - R. Obradović C.G. (Translation: YUGOSLAVIA Kapetan Mišino Building FIVE HUNDRED MILLION DINARS Falsification is punishable by law Deputy Governor Belgrade 1993 People`s Bank of Yugoslavia - Banknote and Coin Production Institute - Belgrade P. Medecijan - R. Obradovic C.G.) |
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| Protection type | Watermark |
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| Comments |
By the time this note entered circulation in 1993, Yugoslavia's hyperinflation had become one of the most severe ever recorded — eventually reaching a monthly rate exceeding 300 million percent at its peak in January 1994. The 500 million dinar denomination, extraordinary by any peacetime measure, was itself obsolete within weeks of issue as the government repeatedly redenominated, each time slicing zeros that the presses had barely finished printing.
ZIN had been producing Yugoslav banknotes since the interwar period and remained operational through the entire collapse, turning out progressively larger denominations on the same Belgrade presses. Medecijan and Obradović both contributed engraving work across multiple notes in this late hyperinflationary series.