Novi dinar: coin from Federal Republic of Yugoslavia

NOVI DINAR: COIN OF YUGOSLAVIA

1 novi dinar, 1994: Federal Republic of Yugoslavia

Federal Republic of Yugoslavia (Serbian "Савезна Република Југославија", "Savezna Republika Jugoslavija") — state in southern Europe that existed in 1992-2003. In 2003, the state system changed, becoming a state union with the name Serbia and Montenegro. In the historiography of the Federal Republic of Yugoslavia, the term "Third Yugoslavia" is sometimes used to denote its difference from the monarchical Kingdom of Yugoslavia of Alexander I Karađorđević ("First Yugoslavia", 1929-1945) and the communist Democratic Federal Yugoslavia (1945-1946), the Federal People's Republic of Yugoslavia (1946-1963), the Socialist Federal Republic of Yugoslavia (1963-1992) — all together "Second Yugoslavia".

1 - NOVI DINAR - НОВИ ДИНАР: the denomination of the coin is indicated in the Serbian language (parallelly uses the Cyrillic and Latin alphabets).

SR JUGOSLAVIJA - СР ЈУГОСЛАВИЈА (Савезна Република Југославија - Savezna Republika Jugoslavija).

Logo of National Bank of Yugoslavia (Народна банка Југославије).

Mintage: 47.755.000.

Nickel brass: 22 mm - 4.72 g
Reference price: 0.6$

COIN NOVI DINAR — WHERE & WHEN (coins catalog: by names & emitents)

FEDERAL REPUBLIC OF YUGOSLAVIA (1994-1999): novi dinar = 100 para

NOVI DINAR as coin name.

In my collection of coin names, I conventionally single out a separate group of denominations — with an indication of a relatively new type of one or another coin. Usually, such coins are temporary and are put into circulation for a certain transition period.

This is the British new penny, the Turkish yeni kuruş (new kuruş), the Israeli agora ẖadaša (new agora)... There was a similar coin name in the no longer existing Yugoslavia. We are talking about novi dinar.

At the beginning of the 90s of the 20th century, Yugoslavia ceased to exist in its previously existing format, turning into the Federal Republic of Yugoslavia with much smaller boundaries.

The local dinar has experienced hyperinflation amid the collapse and accompanying instability. It was decided to introduce a temporary transitional currency — novi dinar. However, it so happened that this monetary unit existed for quite a long time. Coins (both circulating and commemorative) with the mentioned denomination were minted during 1994-1999.