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The first dinar note was the ¼ dinara (25 para) note issued in 1921 by the Ministry of the Finances of the Kingdom of Serbs, Croats and Slovenes. Starting in 1922, 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 ...
1920–41: dinars of the Yugoslav Kingdom. Until 1918, the dinar was the currency of Serbia. It then became the currency of the Kingdom of Serbs, Croats and Slovenes, circulating alongside the krone in Croatia, Slovenia and Bosnia and Herzegovina, with 1 dinar = 4 kronen. The first coins and banknotes bearing the name of the Kingdom of Serbs ...
A 500 billion dinar banknote, which was the largest denomination banknote printed in Yugoslavia. Between 1992 and 1994, the Federal Republic of Yugoslavia (FRY) experienced the second-longest period of hyperinflation in world economic history, caused by an explosive growth in the money supply of the Yugoslav economy during the Yugoslav Wars. [1]
In May 1941, the Serbian National Bank introduced notes for 10, 20, 50, 100, 500, and 1,000 dinars. The 100 and 1,000 dinar notes were overprints, whilst the 10 dinar design was taken from an earlier Yugoslav note. Other notes were introduced in 1942 and 1943 without any new denominations being introduced.
The national bank issued the joint dinar-krone notes ordered by the state in February 1919 as its own. [26] The dinar-krone ("krone on dinar") notes were printed as dinar and overprinted with krone at the prescribed ratio. Denominations issued were 2, 4, 20, 40, 80, 400 and 4,000 krone on 1 ⁄ 2, 1, 5, 10, 20, 100 and 1,000 dinar. [27]
The economy of the Socialist Federal Republic of Yugoslavia (SFRY) was a unique system of socialist self-management that operated from the end of World War II until the country's dissolution in the 1990s. The Yugoslav economy was characterized by a combination of market mechanisms and state planning, with a focus on worker self-management and a ...
[1] [2] [3] During and after the Kosovo War of 1998–1999, Yugoslavia was again sanctioned by the UN, European Union (EU) [note 1] and United States. [1] Following the overthrow of Yugoslav President Slobodan Milošević in October 2000, the sanctions against Yugoslavia started to be withdrawn, and most were lifted by 19 January 2001. [4]
The residual KM 200 banknote and all of the coins are identical for both polities. The convertible mark (Bosnian: konvertibilna marka, Cyrillic: конвертибилна марка; sign: KM; code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 Pfenig or Fening (Пфениг / Фенинг) and locally abbreviated KM. [1]