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500 000 Dinara
| Issuer | Narodna Banka Jugoslavije (National Bank of Yugoslavia) |
|---|---|
| Year | 1993 |
| Type | Log in to see details |
| Value | 500 000 Dinars (500 000 Dinara) (500 000 YUR) |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | НАРОДНА БАНКА ЈУГОСЛАВИЈЕ NARODNA BANKA JUGOSLAVIJE 500000 ДИНАРА – DINARA D. ANDRIĆ FEC. N. HRVANOVIĆ FEC. HRVANOVIĆ SC. ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ |
| Reverse description | Log in to see details |
| Reverse lettering | ЈУГОСЛАВИЈА JUGOSLAVIJA 500000 ПЕТ СТОТИНА ХИЉАДА ДИНАРА PET STOTINA HILJADA DINARA ГУВЕРНЕР · GUVERNER БЕОГРАД 1993. BEOGRAD NARODNA BANKA JUGOSLAVIJE - ZAVOD ZA IZRADU NOVCANICA I KOVANOG NOVCA - BEOGRAD FALSIFIKOVANJE SE KAŽNJAVA PO ZAKONU P. MEDECIJAN - R. OBRADOVIĆ C.G. |
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| Comments |
Yugoslavia's 1993 hyperinflation was among the most severe ever recorded, eventually reaching a monthly rate exceeding 300 million percent at its peak in January 1994. This 500,000 dinar note was already obsolete within weeks of issue — not through wear, but through denomination redundancy, as the National Bank was forced to release successively larger values in rapid succession. ZIN in Belgrade was printing new denominations faster than the economy could absorb them.
The series was eventually swept away by the January 1994 redenomination, which replaced 1,000,000,000 old dinars with 1 "novi dinar" — itself pegged briefly to the Deutschmark in a stabilization attempt engineered by economist Dragoslav Avramović.