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Yugoslavia







Basic Data:

  • Country ISO Code: YU (defunct)

  • Official Language: Serbo-Croatian

  • Language ISO Code: srp / hrv

  • Current Official Currency: Not applicable (country dissolved)

  • Current Currency ISO Code: Not applicable


Reason and History of Dissolution:

Yugoslavia was founded in 1918 as the Kingdom of Serbs, Croats, and Slovenes, later becoming the Socialist Federal Republic of Yugoslavia. In the 1990s, due to ethnic conflicts, political and economic crises, the country disintegrated into several independent states. The last form, the Federal Republic of Yugoslavia, existed until 2003, when it was reconstituted as Serbia and Montenegro, which later separated as independent countries.


Complete Financial History of Yugoslavia

Currency: Yugoslav Dinar

  • ISO Code: Varied over time (YUD, YUF, YUN, YUR, YUO, YUM)

  • Designs / Symbols:

    • Coins and banknotes featured national symbols, historical leaders, cultural and industrial motifs of Yugoslavia.

    • Banknotes depicted historical figures, monuments, and socialist state symbols.

  • Singular name: dinar

  • Plural name: dinara

  • Subdivision: 1 dinar = 100 para

  • Fraction singular: para

  • Fraction plural: para

  • Initial production date: 1918

  • Final production date: 2003

  • Initial circulation date: 1918

  • Final circulation date: 2003

  • Mints: Belgrade Mint and other Yugoslav mints

  • Issuing bank: National Bank of Yugoslavia and its successors

Coin denominations:

  • 1, 2, 5, 10, 20, 50 para; 1, 2, 5, 10 dinara; commemorative coins of higher values.

Banknote denominations:

  • 10, 20, 50, 100, 500, 1,000, 5,000, 10,000, 50,000, 100,000, up to 10 billion dinara during hyperinflation periods.


Economic Historical Context:

  • The Yugoslav dinar underwent multiple monetary reforms due to inflation and economic crises, especially in the 1980s and 1990s.

  • In 1966, a major redenomination replaced 100 old dinars with 1 new dinar (Hard Dinar).

  • During the 1990s, Yugoslavia experienced severe hyperinflation, resulting in multiple issues of banknotes with extremely high denominations.

  • The dinar was replaced in 2003 by the national currencies of successor states, such as the Serbian dinar.


Mints / Production Locations:

  • Belgrade Mint and other facilities within Yugoslavia


Designs / Symbols on Coins and Banknotes:

  • Historical figures, socialist symbols, national monuments, and cultural motifs of Yugoslavia.


Production Quantities / Honorees / Seals:

  • Large print runs especially during hyperinflation periods.

  • Commemorative coins issued for national and international events.


Curiosities / Commemorative Coins:

  • Various commemorative coins marking state anniversaries, leaders, and sporting events.


Current Circulation Status:

  • Out of circulation since the dissolution of Yugoslavia in 2003.

  • Coins and banknotes replaced by national currencies of successor countries (Serbia, Croatia, Bosnia and Herzegovina, North Macedonia, Montenegro, Slovenia).


Issuing Authority:

  • National Bank of Yugoslavia and regional successors during the dissolution process.


Relevant Monetary Legislation:

  • Multiple reforms and legislations throughout the 20th century to control inflation and stabilize the currency.


Names and Titles of Banknote Signatories:

  • Varied by issuance; generally signatures of the Governor of the National Bank and the Minister of Finance.


Persons Honored on Coins and Banknotes:

  • Historical leaders, cultural figures, and national symbols of Yugoslavia.


This report provides a complete financial history of Yugoslavia, highlighting the Yugoslav dinar as the official currency throughout the country's existence, its reforms, economic context, and the end of circulation following the dissolution of the federal state.



Fonte:

Autor do blog: Nilton Romani

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