Catalog
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| Issuer | Narodna Banka Republike Srpske Krajine (National Bank of the Republic of Serbian Krajina) |
|---|---|
| Year | 1993 |
| Type | Standard circulation banknote |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | НАРОДНА БАНКА РЕПУБЛИКЕ СРПСКЕ КРАЈИНЕ 500000 ГУВЕРНЕР КНИН 1993. ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ ПЕТ СТОТИНА ХИЉАДА ДИНАРА |
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| Protection type | Watermark |
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| Comments |
The Republic of Serbian Krajina was an unrecognized Serb breakaway state carved out of Croatian territory during the Yugoslav Wars, and its currency was correspondingly informal in status — issued by a parallel banking structure with no international standing. At this denomination, the note is a direct artifact of hyperinflation: 500,000 dinara was a functional, everyday amount in 1993 Yugoslavia and its satellite economies, not an emergency scrip.
Printing by ZIN in Belgrade made the RSK's monetary apparatus effectively a client operation of the Federal Republic of Yugoslavia, which bankrolled and supplied the Krajina administration throughout its existence. The entity itself collapsed in August 1995 during Operation Storm, rendering the entire currency series obsolete within days.