Banknotes of the Yugoslav dinar


The banknotes of the Yugoslav dinar are the several series of paper money emitted by the central bank of the different consecutive states named Yugoslavia.

1920 dinar

In 1920, the National Bank of the Kingdom of Serbs, Croats and Slovenes issued notes for 10, 100 and 1,000 dinara. The 10 dinara note was engraved and printed by the American Bank Note Company. In 1926 the government changed the design of the 10 dinara bill.
Following the change of the country's name to Yugoslavia in 1929, the bank notes changed as well. New 10 dinara notes were printed that were the same as the old ones with a changed name and a new design of 100 dinara note was issued. In the following years each, other denominations were redesigned, including the 1,000 dinara notes in 1931 and 500 dinara notes in 1935.

1944 dinar

In 1944, the Democratic Federation of Yugoslavia issued notes for 1, 5, 10, 20, 50, 100, 500 and 1,000 dinara.

1946 dinar

These were followed in 1946 by notes of the National Bank of the Federal People's Republic for 50, 100, 500 and 1,000 dinara. 5,000 dinara notes were introduced in 1950.

1955 dinar

The new banknotes were issued in 1955 for 100, 500, 1,000 and 5,000 dinara.
Ten years later, in 1965, there was a revaluation of the dinar for the first time since World War II.

1966 dinar

In 1966, banknotes were introduced in denominations of 5, 10, 50 and 100 dinara. They used the same obverse design as the 1955-1963 notes. 500 dinara notes were added in 1970, followed by 20 and 1,000 dinara in 1974.

1985 dinar

In 1985, a new series of notes began with the introduction of 5,000 dinara notes featuring a portrait of the late President Josip Broz Tito. As inflation worsened into hyperinflation, banknotes for 20,000 dinara were introduced in 1987, followed by 50,000 dinara in 1988 and 100,000, 500,000, 1,000,000 and 2,000,000 dinara in 1989. The 500,000 and 2,000,000 dinara notes were unusual in that they did not feature a portrait but an image of the monument on Kozara.

1990 dinar

In 1990, notes were introduced for 10, 50, 100, 200, 500 and 1,000 dinara, some of which had designs very similar to those used for the corresponding notes of the previous currency. In 1991, 5,000 dinara notes were added.

1992 dinar

In 1992, notes for 100, 500, 1000, 5000, 10,000 and 50,000 dinara were introduced in the Federal Republic of Yugoslavia. Again, designs modified from the previous series of notes were used but this time not in order that notes of equal value had similar designs. In 1993, owing to hyperinflation, the higher value notes were introduced for 100,000, 500,000, 1,000,000, 5,000,000, 10,000,000, 50,000,000, 100,000,000, 500,000,000, 1,000,000,000 and 10,000,000,000 dinara.

1993 dinar

Banknotes for this currency were issued in denominations of 5000, 10,000, 50,000, 500,000, 5,000,000, 50,000,000, 500,000,000, 5,000,000,000, 50,000,000,000 and 500,000,000,000 dinara. The unusual sequence of denominations is a result of the hyperinflation that Yugoslavia was suffering from.

1994 dinar

In January 1994, notes were issued for 10, 100, 1,000, 5,000, 50,000, 100,000, 500,000 and 10,000,000 dinara. Owing to hyperinflation, they circulated just for a couple of weeks before the currency was abandoned in favour of the novi dinar, pegged to the Deutsche Mark as it was used parallel with dinar. Novi dinar's peg to DM lasted till 2002 when the National Bank of Yugoslavia moved to floating exchange rate. 10 and 100 dinara notes were characteristic for lack of serial number on them.

Novi dinar

1994 series

On January 24, 1994, notes were introduced for 1, 5 and 10 novih dinara. A second series of notes was introduced later in the year for 5, 10 and 20 novih dinara, with 50 and 100 novih dinara notes added in 1996, and 200 novih dinara added in 1999.

2000 series

In 2000, new notes without the word "novih" were issued in denominations of 10, 20, 50 and 100 dinara. 200 and 1,000 dinara notes were introduced in 2001, followed by 5,000 dinara in 2002.
Beginning in 2003, banknotes of the National Bank of Serbia were introduced. These banknotes use almost the same design as the 2000–2002 Yugoslav notes. The main difference is that the words Narodna Banka Jugoslavije are changed to Narodna Banka Srbije and the coat of arms of Serbia and Montenegro is changed to the Serbian coat of arms.
Banknotes released by the national bank of Yugoslavia between 2000 and 2002 were withdrawn from circulation on 1 January 2007.