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| Issuer | Narodna Banka Republike Srpske Krajine (National Bank of the Republic of Serbian Krajina) |
|---|---|
| Year | 1993 |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Printer | Serbian state printer (ZIN - Zavod za izradu novčanica i kovanog novca), Beograd, Serbia (1929-date) |
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| Obverse description | Printed in red-orange and dark blue-grey on an unprinted paper stock, the obverse carries a central vignette of the Knin Fortress rendered in intaglio-style line engraving against a fine guilloche underprint. The issuing authority inscription НАРОДНА БАНКА РЕПУБЛИКЕ СРПСКЕ КРАЈИНЕ is set in two lines at the top in red Cyrillic lettering, while the denomination numeral 5000000 appears twice in guilloche rosettes at lower left and lower right. A Governor's facsimile signature with the Cyrillic title ГУВЕРНЕР and the place-date inscription КНИН 1993. are printed vertically at right, alongside the denomination legend ПЕТ МИЛИОНА ДИНАРА running vertically along the right margin. |
|---|---|
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| Protection type | Watermark |
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| Comments |
The Republic of Serbian Krajina was a self-proclaimed Serb entity within Croatian territory, unrecognized internationally and economically dependent on Belgrade almost from the start. Its banknotes were printed at ZIN in Belgrade — not a secret, and not incidental. The RSK had no meaningful monetary infrastructure of its own, and the notes circulated in a region simultaneously running Serbian dinars, Yugoslav federal notes, and Croatian kuna, depending on which checkpoint you'd last crossed.
By 1993, Yugoslav hyperinflation was among the worst ever recorded, which explains the denomination. The RSK's currency largely tracked the collapse of the Yugoslav dinar in real time.