With Slobodan Milosevic’s rise to power in the early 1990s came complete political and economic collapse for Yugoslavia. As the country separated into five nations, the world’s second worst case of hyper-inflation began. To keep pace, the desperate government introduced new currency in larger and larger denominations. Within a few short months during 1993, it issued the 5 Billion, 50 Billion and finally the 500 Billion Dinara – the largest-denomination note ever!
With its morning release, 500 Billion Dinara could buy a gallon of milk or 2 dozen eggs, but by nightfall it was worth nothing, and the useless bills littered the streets. This 3-note set gives you the obsolete 5 Billion, 50 Billion and 500 Billion Dinara notes!
- Year: 1993
- Product Type: Sets
- Countries: Yugoslavia
- Material: Paper