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Yugoslavia re-denominated the dinar for the fifth time on 1 January 1994, at a ratio of 1 billion (10 9) to 1. 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 ...
These banknotes use almost the same design as the 2000–2002 Yugoslav notes. The main difference is that the words Narodna Banka Jugoslavije (National Bank of Yugoslavia) are changed to Narodna Banka Srbije (National Bank of Serbia) and the coat of arms of Serbia and Montenegro is changed to the Serbian coat of arms. Banknotes released by the ...
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 [1] after that of 1920s Russia, [a] caused by an explosive growth in the money supply of the Yugoslav economy during the Yugoslav Wars. [3]
In return for assistance, Yugoslavia agreed to even more sweeping economic reforms, which included a new devalued currency, another wage freeze, sharp cuts in government spending, and the elimination of socially owned, worker-managed companies. [64]
This was also a source of capital and foreign currency for Yugoslavia. Due to Yugoslavia's neutrality and its leading role in the Non-Aligned Movement, Yugoslav companies exported to both Western and Eastern markets. Yugoslav companies carried out construction of numerous major infrastructural and industrial projects in Africa, Europe and Asia.
European Currency Unit and 22 national currencies which were replaced by the euro: ... Yugoslav dinar – former Yugoslavia; Ducat – throughout Europe; Écu; Florin.
Nations in dark green currently use a currency known as the dinar. Nations in light green previously used a dinar. States of former Yugoslavia appear in the inset to the lower left. The dinar (/ d ɪ ˈ n ɑː r /) is the name of the principal currency unit in several countries near the Mediterranean Sea, with a more
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).