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500 Dinara = 500 Kuna

Issuer Zemaljsko Antifašističko Vijeće Hrvatske (Territorial Antifascist Council of Croatia)
Year 1943
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Currency Kuna (1941-1945)
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Reverse description The reverse carries the full printed text of the 'UREDBA O ZAJMU NARODNOG OSLOBOĐENJA' (Decree on the National Liberation Loan) in five numbered articles set in letterpress, detailing the terms of the 500,000,000 dinar-kuna loan issued at three percent annual interest over ten years. At lower left an official circular stamp of the 'Izvršni Odbor Antifašističkog Vijeća Narodnog Oslobođenja Jugoslavije' is applied in violet ink alongside a date inscription of '15 januar 1943' and printed signatures of council members. At right, a vertical coupon strip lists semi-annual interest payment dates from 1 June 1943 through 1 December 1952.
Reverse lettering UREDBA O ZAJMU NARODNOG OSLOBOĐENJA
IZVRŠNI ODBOR ANTIFAŠISTIČKOG VIJEĆA NARODNOG OSLOBOĐENJA JUGOSLAVIJE
ISPLAČENA KAMATA
1 juni 1943 g.
1 decembar 1943 g.
1 juni 1944 g.
1 decembar 1944 g.
1 juni 1945 g.
1 decembar 1945 g.
1 juni 1946 g.
1 decembar 1946 g.
1 juni 1947 g.
1 decembar 1947 g.
1 juni 1948 g.
1 decembar 1948 g.
1 juni 1949 g.
1 decembar 1949 g.
1 juni 1950 g.
1 decembar 1950 g.
1 juni 1951 g.
1 decembar 1951 g.
1 juni 1952 g.
1 decembar 1952 g.
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Comments

The ZAVNOH notes of 1943 were issued by the Partisan administrative body for liberated and semi-liberated Croatian territory — a direct challenge to the Ustaše kuna already in circulation. Printing conditions were rudimentary; the notes were produced clandestinely, under occupation, and the dual denomination pairing of dinara and kuna reflects the political ambiguity of the moment: the Partisans needed the population to accept the paper while the outcome of the war remained genuinely uncertain.

Surviving examples are almost always heavily circulated. Clean ones raise immediate questions about provenance.

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