The dinar was the currency of the
Republika Srpska
Republika Srpska ( sr-Cyrl, Република Српска, lit=Serb Republic, also known as Republic of Srpska, ) is one of the two Political divisions of Bosnia and Herzegovina, entities of Bosnia and Herzegovina, the other being the Feder ...
between 1992 and 1994, during and following the
Bosnian War
The Bosnian War ( sh, Rat u Bosni i Hercegovini / Рат у Босни и Херцеговини) was an international armed conflict that took place in Bosnia and Herzegovina between 1992 and 1995. The war is commonly seen as having started ...
. 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
The dinar (Cyrillic script: динар) was the currency of the three Yugoslav states: the Kingdom of Yugoslavia (formerly the Kingdom of Serbs, Croats and Slovenes), the Socialist Federal Republic of Yugoslavia, and the Federal Republic of Yu ...
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
The convertible mark (Bosnian language, Bosanski: , Currency symbol, sign: KM; ISO 4217, code: BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 or (/) and locally abbreviated ''KM''. While the currency and its subunits ar ...
was introduced.
The two currencies were only issued in note form, with the first issued in denominations of 10 dinars up to 10
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 its only current meaning in English.
* 1,000,000,000,000, i.e ...
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 "1993 dinar" notes had a portrait of
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 Ot ...
on the obverse. Some of the issues in 1993 were overprints on 1992 banknotes.
See also
*
Yugoslav dinar
The dinar (Cyrillic script: динар) was the currency of the three Yugoslav states: the Kingdom of Yugoslavia (formerly the Kingdom of Serbs, Croats and Slovenes), the Socialist Federal Republic of Yugoslavia, and the Federal Republic of Yu ...
*
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 ...
*
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 Croat ...
*
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 ...
*
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 t ...
dinar
The dinar () is the principal currency unit in several countries near the Mediterranean Sea, and its historical use is even more widespread.
The modern dinar's historical antecedents are the gold dinar and the silver dirham, the main coin of ...
History of Republika Srpska
Currencies of Europe
Modern obsolete currencies
1992 establishments in Europe
1998 disestablishments in Europe
1990s economic history
{{BosniaHerzegovina-stub