Description: The 500 billion (500,000,000,000) dinar note is a striking example of Yugoslavia's hyperinflationary period during the early 1990s. Below are detailed features and historical context of the note:Historical ContextHyperinflation Period: This note was issued in 1993, during one of the most extreme periods of hyperinflation in recorded history. Inflation in Yugoslavia reached an astronomical rate, rendering banknotes with enormous denominations commonplace.Economic Collapse: The hyperinflation was caused by factors such as the breakup of Yugoslavia, international sanctions, loss of markets, political instability, and the government's monetary policies.Obverse (Front Side)Portrait: The note features a portrait of Jovan Jovanović Zmaj (1833–1904), a renowned Serbian poet, physician, and editor, known for his lyrical poetry and contributions to Serbian literature.Central Design Elements:The denomination 500,000,000,000 DINARA is printed in both Cyrillic (ДИНАРА) and Latin (DINARA) scripts.The seal of the Narodna Banka Jugoslavije (National Bank of Yugoslavia) is prominently displayed.Fine background details include intricate patterns typical of high-denomination banknotes, designed to deter counterfeiting.Serial Number: Printed on the bottom right-hand corner, each note had a unique alphanumeric code.Reverse (Back Side)Building Depicted: The main feature is an illustration of the National Library of Serbia (Narodna Biblioteka Srbije), a prominent cultural and historical institution.Denomination:The enormous numeric value of 500,000,000,000 is prominently displayed.Text below in Cyrillic and Latin reads "Пет стотина милијарди динара" and "PET STOTINA MILIJARDI DINARA" (Five Hundred Billion Dinars).Design Style: A minimalist but clear architectural rendering emphasizes the importance of the library as a symbol of national heritage.Design FeaturesColor Scheme: Predominantly red, pink, and beige tones were used, with intricate line work and patterns for anti-counterfeiting.Size: Large physical dimensions to accommodate the complex design and high denomination.Language: Both Serbian Cyrillic and Latin scripts were used to ensure accessibility across different regions of Yugoslavia.Economic ImpactHyperinflation Rate: Inflation during this period reached approximately 313,000,000% monthly, making prices double almost daily.Currency Redenomination: By 1994, the dinar was revalued, and this note became worthless overnight.Cultural Significance: These banknotes are now collectors' items, symbolizing the extreme economic and social challenges of the time. *DISCLAIMER* - USED CONDITION OF NOTE VARIES FROM OK TO GREAT DEPENDING ON AVAILABILITY - WILL NEVER BE TORN OR DAMAGED.
Price: 15.99 USD
Location: Los Angeles, California
End Time: 2025-01-24T10:39:07.000Z
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Item Specifics
All returns accepted: ReturnsNotAccepted
Type: Banknotes
Year: 1993
Country: Yugoslavia
Grade: Ungraded
Country/Region of Manufacture: Yugoslavia
Certification: Uncertified