We are once again witnessing inflation and the gradual loss of the value of money. Until recently, a 100 kuna banknote still represented „something,” while today 13 euros is almost „nothing.” It is not uncommon for a „round” of drinks at a café to cost that much. And a 100 euro banknote, which until recently was „something,” today
The history of the exchange rate of the Yugoslav dinar from the end of the Second World War to 1990 reflects profound changes in monetary policy, the economic system, and the country's international position. In a numismatic sense, understanding the exchange rate relations is crucial for the proper interpretation of the timing of the issuance of certain nominal values of banknotes and coins, especially
This video vividly depicts what the economic and monetary situation was in Yugoslavia on the „eve of the war,“ in 1990. As part of its economic stabilization measures, the government of Prime Minister Ante Marković „shaved“ four zeros off the dinar and introduced its convertibility. According to the new exchange rate, it was
Inflation, devaluation, and the general decline in the value of money have recently become current topics again. We can say that this phenomenon has shocked today's generations and they still cannot recover, wondering how something like this is possible? Especially in the 21st century and in
From the HRT Archive: Inflation and the Devaluation of the Dinar in Socialist Yugoslavia Read more »
Croatian collectors of national paper money often discuss which issue of SFR Yugoslavia banknotes was the last one belonging to the Croatian national issue. Was it the 1990 banknote series or the 1991 series? The arguments vary, and the aim of this paper is to reasonably provide
After the monetary reform of 1990 and the introduction of the “Marković” dinar, a new 50-dinar banknote dated June 1, 1990, featuring the portrait of a young boy, also saw the light of day. This banknote stylistically relies on newer, more modernly designed Yugoslav banknotes from the mid-1980s. In the numismatic community already for some
Banknote overview: Yugoslavia 50 Dinars 1990. Boy Read more »
This segment as part of the show “Informer” on Nova TV discusses old banknotes that are no longer in circulation. A good portion of these banknotes can still be exchanged at the central banks of the countries that issued them, while for some, this is no longer possible.
A feature on old banknotes on the show “Informer” on Nova TV Read more »
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