The Krajina dinar () was the

currency A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific envi ...

of the

Republic of Serbian Krajina The Republic of Serbian Krajina or Serb Republic of Krajina ( sr-Cyrl-Latn, Република Српска Крајина, Republika Srpska Krajina, separator=" / ", ; abbr. РСК / RSK), known as the Serbian Krajina ( sr-Cyrl-Latn, Српск� ...

between 1992 and 1994.

History

There were three distinct dinars. The first was introduced in 20 July 1992 in parallel with the new

Yugoslav dinar The dinar ( sh-Cyrl, динар) was the currency of Yugoslavia. It was introduced in 1920 in the Kingdom of Serbs, Croats and Slovenes, which was replaced by the Kingdom of Yugoslavia, and then the Socialist Federal Republic of Yugoslavia. Th ...

of that year, to which it was equal. The second dinar replaced the first at a rate of 1 million to one on 1 October 1993, whilst the third replaced the second at a rate of 1

billion Billion is a word for a large number, and it has two distinct definitions: * 1,000,000,000, i.e. one thousand million, or (ten to the ninth power), as defined on the short scale. This is now the most common sense of the word in all varieties of ...

(10⁹) to one on 1 January 1994. In 1995,

Croatia Croatia, officially the Republic of Croatia, is a country in Central Europe, Central and Southeast Europe, on the coast of the Adriatic Sea. It borders Slovenia to the northwest, Hungary to the northeast, Serbia to the east, Bosnia and Herze ...

took control of the region and the Croatian kuna became the currency. No coins were issued for any of the three dinara.

Banknotes

In 1991, three uniface war loan certificates denominated in 10,000, 20,000, and 50,000 динара (dinara) were prepared, but never issued. Although these resemble banknotes, they are not banknotes. These were followed, on 20 July 1992, by regular type notes for 10, 50, 100, 500, 1000 and 5000 dinars. Later in 1992, notes were issued by the ''Narodna Banka Republike Srpske Krajine'' (National Bank of Republic of Srpska Krajina) in denominations of 10,000 and 50,000 dinars. These were followed by notes for 100,000, 1 million, 5 million, 10 million, 20 million, 50 million, 100 million, 500 million, 1 billion, 5 billion and 10 billion dinars. When the second dinars was introduced later in 1 October 1993, notes were issued in denominations of 5000, 50,000, 100,000, 500,000, 5 million, 100 million, 500 million, 5 billion, 10 billion and 50 billion. On 1 January 1994, the third dinar was issued in denominations of 1000, 10,000, 500,000, 1 million and 10 million dinars.

Abolishment

On 15 February 1994, the "Protocol on the establishment of a single monetary system in the territory of the

FR Yugoslavia The State Union of Serbia and Montenegro or simply Serbia and Montenegro, known until 2003 as the Federal Republic of Yugoslavia and commonly referred to as FR Yugoslavia (FRY) or simply Yugoslavia, was a country in Southeast Europe locate ...

Republika Srpska Republika Srpska ( sr-Cyrl, Република Српска, ; also referred to as the Republic of Srpska or Serb Republic) is one of the two Political divisions of Bosnia and Herzegovina, entities within Bosnia and Herzegovina, the other bein ...

and RSK" and the "Decree on the new dinar" was signed so that the Yugoslav dinar would replace the Krajina dinar and Republika Srpska dinar entirely.

References

External links

Dinar Republike Srpske Krajine 1991-1994
{{Serbian minority institutions and organizations in Croatia Currencies of Croatia Currencies of Europe Modern obsolete currencies Republic of Serbian Krajina 1992 establishments in Europe 1995 disestablishments in Europe 1990s in economic history 1992 establishments in Croatia Dinar

History

Banknotes

Abolishment

See also

References

External links