 | This article includes a list of general references, but it lacks sufficient corresponding inline citations. (May 2015) |
| dinar динар | |||||
|---|---|---|---|---|---|
| |||||
| ISO 4217 | |||||
| Code | YUM | ||||
| Unit | |||||
| Plural | The language(s) of this currency belong(s) to the Slavic languages. There is more than one way to construct plural forms. | ||||
| Symbol | din. and дин. | ||||
| Denominations | |||||
| Subunit | |||||
| 1⁄100 | para | ||||
| Banknotes | 1, 5, 10, 20, 50, 100, 200, 1000, 5000 dinara | ||||
| Coins | 1, 5, 10, 50 para, 1, 2, 5 dinara | ||||
| Demographics | |||||
| User(s) | None, previously: Kingdom of Yugoslavia SFR Yugoslavia FR Yugoslavia (Serbia 1992–2006, Montenegro 1992–2000) Republika Srpska Republic of Serbian Krajina  Eastern Slavonia (under UNTAES) (1995–1998) (in parallel with the Croatian Kuna and Deutsche Mark)[1] Serbia(2006)[2] | ||||
| Issuance | |||||
| Central bank | National Bank of Yugoslavia | ||||
| This infobox shows the latest status before this currency was rendered obsolete. | |||||
The dinar (Cyrillic: динар) was the currency of Yugoslavia. It was introduced in 1920 in the Kingdom of Serbs, Croats and Slovenes, which was replaced by the Kingdom of Yugoslavia, and then the Socialist Federal Republic of Yugoslavia. The dinar was subdivided into 100 para (Cyrillic: пара).
One of the successor states to former Yugoslavia, the Federal Republic of Yugoslavia, continued to use the same name for its currency until 2003, though Montenegro stopped exclusively using it in 1999 and moved away from it in 2000.
In the early 1990s, economic mismanagement made the government bankrupt and forced it to take money from the savings of the country's citizens. Following the breakup of Yugoslavia, this caused severe and prolonged hyperinflation in the Federal Republic of Yugoslavia, which has been described as the worst in history.[3] Large amounts of money were printed, with coins becoming redundant and inflation rates reaching over one billion per cent per year.[4] This hyperinflation caused five revaluations between 1990 and 1994; in total there were eight distinct dinari. Six of the eight have been given distinguishing names and separate ISO 4217 codes. The highest denomination banknote was 500 billion dinars, which became worthless a fortnight after it was printed.[5]
- ^ Derek Boothby (January–March 2004). "The Political Challenges of Administering Eastern Slavonia". Global Governance. 10 (1). Global Governance: A Review of Multilateralism and International Organizations: 37–51 (15 pages). doi:10.1163/19426720-01001005. JSTOR 27800508.
- ^ n.a. "Nevažeće novčanice". Radio Television of Serbia. Retrieved 22 July 2022.
- ^ Thayer Watkins. "The Worst Episode of Hyperinflation in History: Yugoslavia 1993-94". San Jose State University. Archived from the original on 7 December 2012. Retrieved 21 June 2019.
- ^ Cite error: The named reference
RadioNetherlandswas invoked but never defined (see the help page). - ^ Judah (2009). The Serbs. Yale University Press. ISBN 978-0-300-15826-7.