Yugoslav dinar | |||||
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динар / dinar (Serbo-Croatian)/ (Macedonian)/ (Slovene) | |||||
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ISO 4217 | |||||
Code | YUM | ||||
Denominations | |||||
Subunit | |||||
1/100 | para | ||||
Symbol | din. and дин. | ||||
Banknotes | 1, 5, 10, 20, 50, 100, 200, 500, 1000, 5000, and higher denominations up to 500 billion | ||||
Coins | 5, 10, 20, 25, 50 para, 1, 2, 5, 10, 20 and 50 dinara | ||||
Demographics | |||||
User(s) | None, previously: Kingdom of Yugoslavia SFR Yugoslavia FR Yugoslavia |
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This infobox shows the latest status before this currency was rendered obsolete.
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The dinar (Cyrillic script: динар) was the currency of the three Yugoslav states: the Kingdom of Yugoslavia (formerly the Kingdom of Serbs, Croats and Slovenes), the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para (Cyrillic script: пара). In the early 1990s, there was severe and prolonged hyperinflation due to a combination of economic mismanagement and criminality. Massive amounts of money were printed; coins became redundant; inflation rates reached the equivalent of ×1029% per year. The highest denomination banknote was 500 billion dinars; it was worthless two weeks after it was printed. 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 8.51ISO 4217 codes.
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, Croats and Slovenes were issued in 1920, until which time Serbian coins and banknotes circulated. In 1929, the name of the country changed to the Kingdom of Yugoslavia and this was reflected on the currency.