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The 1994 dinar (ISO 4217 code: YUG) was the shortest-lived out of all incarnations of Yugoslav currency, as hyperinflation continued to intensify, [4] and only one coin (1 dinar) was issued for it. Towards the end of the 1994 dinar, the National Bank overprinted and reissued 10 million dinara banknotes from the 1992 dinar (right).
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.
Between 1979 and 1985 the Yugoslav dinar plunged from 15 to 1,370 to the U.S. dollar, half of the income from exports was used to service the debt, while real net personal income declined by 19.5%. Unemployment rose to 1.3 million job-seekers, and internal debt was estimated at $40 billion.
^There was no de jure official language at the federal level, [5] [6] [7] but Serbo-Croatian functioned as the lingua franca of Yugoslavia, being the only language taught throughout the entire country. It was the official language of four federal republics out of six in total: Bosnia and Herzegovina
He became widely known when in January 1994 his economic program stopped the hyperinflation in Federal Republic of Yugoslavia and the Yugoslav dinar got into 1:1 parity with the Deutsche Mark. From 2 March 1994 to 15 May 1996, he was the governor of the National Bank of Yugoslavia and the main coordinator of the national economic, social and ...
The State Union of Serbia and Montenegro [a] or simply Serbia and Montenegro, [b] known until 2003 as the Federal Republic of Yugoslavia [c] and commonly referred to as FR Yugoslavia (FRY) or simply Yugoslavia, [d] was a country in Southeast Europe located in the Balkans that existed from 1992 to 2006, following the breakup of the Socialist Federal Republic of Yugoslavia (SFR Yugoslavia).
1 First issue of the Yugoslav dinar. Toggle the table of contents. Wikipedia: Featured picture candidates/First issue of the Yugoslav dinar. Add languages. Add links.
The Serbian dinar replaced the Yugoslav dinar in 2003 when the Federal Republic of Yugoslavia was transformed into the State Union of Serbia and Montenegro. Both Montenegro and the disputed territory of Kosovo had already adopted the Deutsche Mark and later the euro when the mark was replaced by it in 2002.