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500 000 Dinara Jugopetrol, Kotor

Issuer Jugopetrol Kotor
Year 1993
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Composition Watermarked security paper
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Obverse description Orange-brown fuel voucher with a fine guilloche underprint. Upper left bears the circular JPK logo in green and yellow with КОТОР inscription below; a red vignette of a hand holding a fuel nozzle appears at centre left. The large numeral '500000' is set within a rectangular intaglio-style frame at centre right, with serial number in red at top right.
Obverse lettering ЈУГОПЕТРОЛ
КОТОР
500000
500000
БОН ЗА КУПОВИНУ БЕНЗИНА И ДИЗЕЛ ГОРИВА 1993.
у вредности од петсто хиљада динара
ОВАЈ БОН ВАЖИ НА ТЕРИТОРИЈИ СР ЈУГОСЛАВИЈЕ
ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ – ШТАМПА: ЗАВОД ЗА ИЗРАДУ НОВЧАНИЦА
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Comments

Jugopetrol was a Yugoslav state petroleum company, and this note is one of several emergency commercial scrip issues that circulated in Montenegro during the hyperinflationary collapse of 1993 — the same crisis that ultimately produced the 500 billion dinar banknote before the currency was redenominated in January 1994. With the official dinar effectively worthless, fuel companies and other enterprises issued their own paper instruments to facilitate trade.

That ZIN printed this piece is significant. ZIN was the official Yugoslav banknote printing works, which means Jugopetrol had access to genuine security infrastructure — watermarked paper, a proper press — rather than improvised printing. This is not emergency scrip in the crude sense; it was produced to banknote standards.

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