Exchange of krunas of Austro–Hungarian on the Territory the Kingdom Serbs, Croats and Slovenians

Exchange of krunas of Austro–Hungarian on the territory of the Kingdom of Serbs, Croats and Slovenians was being solved as a temporary measure, stamping of Austro–Hungarian krunas was ordered. Only particu­lar authorities of state organs and banks had the authorization for money stamping. As the population of the Kingdom of Serbs, Croats and Slovenians was mainly illiterate, smugglers started using postmarks in foreign languages. Seeking the way out of the then current monetary chaos, it had been decided that attaching of appropriate stamps on remaining krunas was to be executed immediately. During the stamping of krunas, 20 % of krunas submitted for stamping was being retained, allegedly on behalf of ”obligatory loan”. The Kingdom of SHS used these funds, as it was afterwards explained, ”to cover the deficits that appeared with the reconstruction of Serbia”.

Banknotes of Bosnia and Herzegovina printed in England

The Government of Republic of Bosnia and Herzegovina signed a contract with English banknote printing works Thomas de la Rue in Janu­ary or in February 1992. The aim of this step was to ensure the first quanti­ties of banknotes for independent Republic. The contract was secret, without knowledge of Governor of National Bank of Bosnia and Herzegovina. The first banknotes were printed with signature of Prime Minister Mr. Pelivan as Governor, and they were the first series.
The second, proof, series with signature of Governor Mr. Andrijić (sig­nature was not genuine) followed in the first months of 1993.
As the combination of basic elements of previous two series, the third series followed immediately.
Although the ”London” banknotes were printed in total amount of about 17 billion dinars these notes did not reach the circulation, National Bank refused to accept them from the printer and just a small amount of 50 and 1000 dinars notes of the third series reached the numismatic market. Seven different banknotes are known to exist (two of first, two of second and three of third series), but author expects that each four banknotes in each three series are printed.


The London issue of Bosnian and Herzegovinian dinars 1992

Banknotes in denominations of 50, 100, 500 and 1000 dinars of Nati­onal Bank of Bosnia & Herzegovina appeared on the numismatic market without date and the year of emission and with a signature of Stijepo Andrijic. According to Mr. Andrijic‘s claim, the National Bank of B&H, at the time he was its governor, had no connection with that bank–note emission and that signature on them is not his own. It is shown in his work that these bank–notes had been issued in London and that all had been executed via diplomatic representative of Bosnia & Herzegovina in Turkey, according to the order of official governmental organs and without cooperation and consent of the emission bank (i.e. the National Bank of Bosnia & Herzegovina and his governor), using the name of the bank and tacitly agreeing with forging the governor‘s signature.


Serbian 20 dinara coins in circulation

National bank of Serbia issued three type of 20 dinara coins.

Issued in: 2003
Obverse: St. Sava church in Vracar
Reverse: Logo of the National Bank of Serbia
Alloy: 70% Cu, 12% Ni, 18% Zn
Diameter: 28 mm
Weight: 9,00 g
In circulation from: July 2, 2003

Issued in:2006
Obverse:Value numerals, Nikola Tesla’s portrait
Reverse:Coat-of-arms of the Republic of Serbia
Alloy:70% Cu, 12% Ni, 18% Zn
Diameter:28 mm
Weight:9,00 g
In circulation from:
Jun 30, 2006

Issued in:2007
Obverse:Value numerals, Dositej Obradovic’s portrait
Reverse:Coat-of-arms of the Republic of Serbia
Alloy:70% Cu, 12% Ni, 18% Zn
Diameter:28 mm
Weight:9,00 g
In circulation from:December 10, 2007