Republika Srpska dinar
Encyclopedia
The dinar was the currency of the Republika Srpska
between 1992 and 1998, during and following the Bosnian War
. There were two distinct currencies issued by the National Bank of the Republika Srpska. The first was introduced in 1992 in conjunction with the Yugoslav dinar
of that year, to which it was equal. The second was introduced on October 1, 1993, replacing the first at a rate of one million to one and matching the revaluation of the Yugoslav currency. Following this, the Republika Srpska used Yugoslav currency
(first the "1994 dinar" and then "novi dinar") until 1998, when the convertible mark
was introduced.
The two currencies were only issued in note form, with the first issued in denominations of 10 dinars up to 10 billion
dinars and the second in denominations of 5000 dinars up to 50 billion dinars. The designs of the banknotes varied very little within the issues of the two currencies. The "1992 dinar" notes featured the arms of the republic on both sides, whilst the "1993 dinar" notes had a portrait of Petar Kočić
on the obverse. Some of the issues in 1993 were overprints on 1992 banknotes.
Republika Srpska
Republika Srpska is one of two main political entities of Bosnia and Herzegovina, the other being the Federation of Bosnia and Herzegovina...
between 1992 and 1998, during and following the Bosnian War
Bosnian War
The Bosnian War or the War in Bosnia and Herzegovina was an international armed conflict that took place in Bosnia and Herzegovina between April 1992 and December 1995. The war involved several sides...
. There were two distinct currencies issued by the National Bank of the Republika Srpska. The first was introduced in 1992 in conjunction with the Yugoslav dinar
Yugoslav dinar
The dinar was the currency of the three Yugoslav states: the Kingdom of Yugoslavia , the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para...
of that year, to which it was equal. The second was introduced on October 1, 1993, replacing the first at a rate of one million to one and matching the revaluation of the Yugoslav currency. Following this, the Republika Srpska used Yugoslav currency
Yugoslav dinar
The dinar was the currency of the three Yugoslav states: the Kingdom of Yugoslavia , the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para...
(first the "1994 dinar" and then "novi dinar") until 1998, when the convertible mark
Bosnia and Herzegovina convertible mark
The Bosnia and Herzegovina convertible mark is the currency of Bosnia and Herzegovina. It is divided into 100 fenings...
was introduced.
The two currencies were only issued in note form, with the first issued in denominations of 10 dinars up to 10 billion
1000000000 (number)
1,000,000,000 is the natural number following 999,999,999 and preceding 1,000,000,001.In scientific notation, it is written as 109....
dinars and the second in denominations of 5000 dinars up to 50 billion dinars. The designs of the banknotes varied very little within the issues of the two currencies. The "1992 dinar" notes featured the arms of the republic on both sides, whilst the "1993 dinar" notes had a portrait of Petar Kočić
Petar Kocic
Petar Kočić was a Serb prose writer and politician from Bosnia and Herzegovina. He was active in the Serbian National Organization with ties to the Mlada Bosna revolutionaries, after which he seceded with his closest supporters leading a wing under his leadership.Like both Borisav Stanković, who...
on the obverse. Some of the issues in 1993 were overprints on 1992 banknotes.
See also
- Yugoslav dinarYugoslav dinarThe dinar was the currency of the three Yugoslav states: the Kingdom of Yugoslavia , the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para...
- Krajina dinarKrajina dinarThe dinar was the currency in Republic of Serbian Krajina between 1992 and 1994.-History:There were three distinct dinars. The first was introduced in July 1992 in parallel with the new Yugoslav dinar of that year, to which it was equal...
- Croatian dinarCroatian dinarThe dinar was the currency of Croatia between December 23, 1991, and May 30, 1994. The ISO 4217 code was HRD.-History:The Croatian dinar replaced the 1990 version of Yugoslav dinar at par. It was a transitional currency introduced following Croatia's declaration of independence. During its...
- Bosnia and Herzegovina dinarBosnia and Herzegovina dinarThe Bosnia and Herzegovina dinar was the independent currency of Bosnia and Herzegovina between 1992 and 1998, used in those areas under Bosniak control. No subdivisions were issued.-History:...
- HyperinflationHyperinflationIn economics, hyperinflation is inflation that is very high or out of control. While the real values of the specific economic items generally stay the same in terms of relatively stable foreign currencies, in hyperinflationary conditions the general price level within a specific economy increases...