Catalog
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| Issuer | Republic of Serbian Krajina |
|---|---|
| Year | 1992 |
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| Composition | Paper |
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|---|---|
| Obverse lettering | 500 REPUBLIKA SRPSKA KRAJINA 500 PET STOTINA DINARA KNIN 1992. FALSIFIKOVANJE SE KAŽNJAVA PO ZAKONU (Translation: 500 REPUBLIC OF SERBIAN KRAJINA 500 FIVE HUNDRED DINARS KNIN 1992 FORGERY IS PUNISHED BY LAW) |
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| Reverse lettering | РЕПУБЛИКА СРПСКА КРАJИНА 500 ПЕТ СТОТИНА ДИНАРА 500 МИНИСТАР ФИНАНСИJА КНИН 1992 ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ (Translation: REPUBLIC OF SERBIAN KRAJINA 500 FIVE HUNDRED DINARS 500 MINISTER OF FINANCE KNIN 1992 FORGERY IS PUNISHED BY LAW) |
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| Comments |
The Republic of Serbian Krajina — the self-declared Serb statelet carved from Croatian territory during the 1991–1995 war — never had a functioning central bank in any meaningful sense. Its currency was essentially a political instrument, printed in Belgrade by the same ZIN facility that produced Yugoslav federal notes, and the financial infrastructure of the Krajina was always dependent on Serbia proper. These notes circulated in a territory that international law never recognized and that ceased to exist after Croatia's Operation Storm in August 1995.
Hyperinflation rendered high denominations like this one nearly worthless within months of issue.