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Republika Srpska Dinar
The dinar was the currency of the Republika Srpska between 1992 and 1994, during and following the Bosnian War. There were two distinct currencies issued by the National Bank of the Republika Srpska. The first was introduced in 1992 in conjunction with the Yugoslav dinar of that year, to which it was equal. The second was introduced on 1 October 1993, replacing the first at a rate of one million to one and matching the revaluation of the Yugoslav currency. Following this, the Republika Srpska used Yugoslav currency (first the "1994 dinar" and then "novi dinar") until 1998, when the convertible mark was introduced. The two currencies were only issued in note form, with the first issued in denominations of 10 dinars up to 10 billion dinars and the second in denominations of 5000 dinars up to 50 billion dinars. The designs of the banknotes varied very little within the issues of the two currencies. The "1992 dinar" notes featured the arms of the republic on both sides, whilst the "19 ...
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Bosnia And Herzegovina Dinar
The Bosnia and Herzegovina dinar was the independent currency of Republic of Bosnia and Herzegovina between 1992 and 1998. History Bosnia and Herzegovina declared independence from Yugoslavia in March 1992. The first Bosnian dinar was issued in July 1992, replacing the 1990 version of the Yugoslav dinar at the rate of 1 Bosnia dinar = 10 Yugoslav "1990 dinara". Consequently, the Bosnian dinar was at par with the 1992 version of the Yugoslav dinar when it was introduced. The first issues were overstamps on Yugoslav banknotes. After suffering from high inflation, a second dinar was introduced in 1994, replacing the first at a rate of 1 "new" dinar = 10,000 "old" dinara. Both these dinars were restricted in their circulation to the areas under Bosniak control. The Croat areas used the Croatian dinar and kuna, whilst the Serb areas used the Republika Srpska dinar. Along with the Croatian dinar and Yugoslav dinar, the Bosnia and Herzegovina dinar was unstable. The convertible mark r ...
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1992 Establishments In Europe
Year 199 ( CXCIX) was a common year starting on Monday (link will display the full calendar) of the Julian calendar. At the time, it was sometimes known as year 952 ''Ab urbe condita''. The denomination 199 for this year has been used since the early medieval period, when the Anno Domini calendar era became the prevalent method in Europe for naming years. Events By place Roman Empire * Mesopotamia is partitioned into two Roman provinces divided by the Euphrates, Mesopotamia and Osroene. * Emperor Septimius Severus lays siege to the city-state Hatra in Central-Mesopotamia, but fails to capture the city despite breaching the walls. * Two new legions, I Parthica and III Parthica, are formed as a permanent garrison. China * Battle of Yijing: Chinese warlord Yuan Shao defeats Gongsun Zan. Korea * Geodeung succeeds Suro of Geumgwan Gaya, as king of the Korean kingdom of Gaya (traditional date). By topic Religion * Pope Zephyrinus succeeds Pope Victor I, as th ...
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Modern Obsolete Currencies
Modern may refer to: History * Modern history ** Early Modern period ** Late Modern period *** 18th century *** 19th century *** 20th century ** Contemporary history * Moderns, a faction of Freemasonry that existed in the 18th century Philosophy and sociology * Modernity, a loosely defined concept delineating a number of societal, economic and ideological features that contrast with "pre-modern" times or societies ** Late modernity Art * Modernism ** Modernist poetry * Modern art, a form of art * Modern dance, a dance form developed in the early 20th century * Modern architecture, a broad movement and period in architectural history * Modern music (other) Geography *Modra, a Slovak city, referred to in the German language as "Modern" Typography * Modern (typeface), a raster font packaged with Windows XP * Another name for the typeface classification known as Didone (typography) * Modern, a generic font family name for fixed-pitch serif and sans serif fonts (f ...
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Currencies Of Europe
There are 29 currencies currently used in the 50 countries of Europe, all of which are members of the United Nations, except Vatican City, which is an observer with the United Nations General Assembly. All ''de facto'' present currencies in Europe, and an incomplete list of the preceding currency, are listed here. A currency is a medium of exchange, such as money, banknotes, and coins. In Europe, the most commonly used currency is the euro (used by 25 countries); any country entering the European Union (EU) is expected to join the eurozone when they meet the five convergence criteria. Denmark is the only EU member state which has been granted an exemption from using the euro. Czechia, Hungary, Poland, Romania and Sweden have not adopted the Euro either, although unlike Denmark, they have not formally opted out; instead, they fail to meet the ERM II (Exchange Rate Mechanism) which results in the non-use of the Euro. For countries which hope to join the eurozone, there are five g ...
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History Of Republika Srpska
Republika Srpska ( sr-Cyrl, Република Српска, lit=Serb Republic, also known as Republic of Srpska, ) is one of the two entities of Bosnia and Herzegovina, the other being the Federation of Bosnia and Herzegovina. It is located in the north and east of the country. Its largest city and administrative centre is Banja Luka, lying on the Vrbas river. Republika Srpska was formed in 1992 at the outset of the Bosnian War with the stated intent to safeguard the interests of the Serbs of Bosnia and Herzegovina. The war saw the expulsion of the vast majority of Croats and Bosniaks from the territory claimed by Republika Srpska and an inflow of Serbs expelled from Federation of Bosnia and Herzegovina. Following the Dayton Agreement of 1995, Republika Srpska achieved international recognition as an entity within Bosnia and Herzegovina. Today most of Bosnia and Herzegovina's Serb population lives in Republika Srpska. Republika Srpska is a parliamentary-style gover ...
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Economy Of Republika Srpska
An economy is an area of the production, distribution and trade, as well as consumption of goods and services. In general, it is defined as a social domain that emphasize the practices, discourses, and material expressions associated with the production, use, and management of scarce resources'. A given economy is a set of processes that involves its culture, values, education, technological evolution, history, social organization, political structure, legal systems, and natural resources as main factors. These factors give context, content, and set the conditions and parameters in which an economy functions. In other words, the economic domain is a social domain of interrelated human practices and transactions that does not stand alone. Economic agents can be individuals, businesses, organizations, or governments. Economic transactions occur when two groups or parties agree to the value or price of the transacted good or service, commonly expressed in a certain currency. Howeve ...
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Hyperinflation
In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real value of the local currency, as the prices of all goods increase. This causes people to minimize their holdings in that currency as they usually switch to more stable foreign currencies. When measured in stable foreign currencies, prices typically remain stable. Unlike low inflation, where the process of rising prices is protracted and not generally noticeable except by studying past market prices, hyperinflation sees a rapid and continuing increase in nominal prices, the nominal cost of goods, and in the supply of currency. Typically, however, the general price level rises even more rapidly than the money supply as people try ridding themselves of the devaluing currency as quickly as possible. As this happens, the real stock of money (i.e., the amount of circulating money divided by the price level) decreases considerably.Bernholz, Peter 2003, chapter 5.3 Almost all ...
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Croatian Dinar
The dinar was the currency of Croatia between 23 December 1991 and 30 May 1994. The ISO 4217 code was . History The Croatian dinar replaced the 1990 version of the Yugoslav dinar at par. It was a transitional currency introduced following Croatia's declaration of independence. During its existence, the dinar declined in value by a factor of about 70. The dinar was replaced by the kuna at a rate of 1 kuna = 1000 dinara. The currency was not used in the occupied territories comprising the Republic of Serbian Krajina. Banknotes The obverse of all banknotes was the same, with a picture of Croatian Dubrovnik scientist Ruđer Bošković. Notes up to 1000 dinara had the Zagreb cathedral on reverse. The higher denominations featured the Ivan Meštrović sculpture ''History of the Croats'' on the reverse. See also * Dinar *Yugoslav dinar *Krajina dinar *Croatian kuna The kuna is the currency of Croatia, in use since 1994 (sign: kn; code: HRK). It is subdivided into 100 lipa. The ...
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Republika Srpska (1992–1995)
The Republika Srpska (RS; sr-Cyrl, Република Српска) was a self-proclaimed state in Southeastern Europe under the control of the Army of Republika Srpska during the Bosnian War. It claimed to be a sovereign state, though this claim was only partially recognized by the Bosnian government in Geneva agreement (whose territory the RS was recognized as nominally being a part of), the United Nations, and Yugoslavia. For the first few months of its existence, it was known as the Serbian Republic of Bosnia and Herzegovina ( sr, / ). After 1995, the Republika Srpska was recognized as one of the two political entities composing Bosnia and Herzegovina. The borders of the post-1995 RS are, with a few negotiated modifications, based on the front lines and situation on the ground at the time of the Dayton Agreement. As such, the entity is primarily a result of the Bosnian War without any direct historical precedent. Its territory encompasses a number of Bosnia and Herzegov ...
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Krajina Dinar
The Krajina dinar ( sr-cyr, Крајина динар) was the currency of the Republic of Serbian Krajina 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 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 (109) to one on 1 January 1994. In 1995, Croatia 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 Kr ...
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Petar Kočić
Petar Kočić ( sr-Cyrl, Петар Кочић; 29 June 1877 – 27 August 1916) was a Serbs of Bosnia and Herzegovina, Bosnian Serb writer, activist and politician. Born in rural northwestern Bosnia (region), Bosnia in the final days of Ottoman Empire, Ottoman rule, Kočić began writing around the turn of the twentieth century, first poetry and then prose. While a university student, he became politically active and began agitating for agrarian reforms within Bosnia and Herzegovina, which had been occupied by Austria-Hungary following the Ottomans' withdrawal in 1878. Other reforms that Kočić demanded were freedom of the press and freedom of assembly, which were denied under Austria-Hungary. In 1902, Kočić published his first short story collection. He published two more short story collections in 1904 and 1905, and subsequently adapted one of his most successful short stories, ''The Badger on Trial'', for the stage. Kočić subsequently led several demonstrations in S ...
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