500 Dinara

Printed at the Oslobođenje facility in Sarajevo, this note was produced under siege conditions — the Oslobođenje newspaper complex was one of the most heavily shelled targets in the city during the 1992–1995 investment of Sarajevo, yet continued operating throughout. The paper quality and printing registration on notes from this period reflect exactly what that environment meant for production tolerances.

Bosnia declared independence in March 1992; these dinara were issued as the republic's transitional currency before the convertible marka system was established years later under the Dayton framework.