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1 Novi Dinar
| Issuer | Narodna Banka Jugoslavije (National Bank of Yugoslavia) |
|---|---|
| Year | 1994 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | НАРОДНА БАНКА ЈУГОСЛАВИЈЕ NARODNA BANKA JUGOSLAVIJE ЈЕДАН НОВИ ДИНАР Јосиф Панчић 1814-1888 Д. АНДРИЋ FEC. В. ЦВЕТКОВИЋ SC. D. ANDRIĆ FEC. V. CVETKOVIĆ SC. |
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| Protection description | Watermark visible in the unprinted white margin area of the note |
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| Comments |
The 1 Novi Dinar was introduced in January 1994 as part of Dragoslav Avramović's emergency monetary program — the so-called "Super Dinar" reform that briefly halted one of the worst hyperinflationary episodes in recorded history. Yugoslavia's inflation in 1993 had reached an annualized rate estimated at 116 trillion percent, wiping out successive redenominations before this stabilization package pegged the novi dinar to the Deutschmark at parity. The reform held for roughly two years before political pressures eroded it.
Printed entirely in-house at the NBJ's own Topčider facility in Belgrade, this is a product of genuine institutional self-sufficiency — unusual for a country under UN sanctions that had effectively cut off access to most foreign printing contractors.