Thursday, January 24, 2008

All People Was Billionaires In Yugoslavia (Serbia ) In 1993

In September 1993, the exchange rate had fallen to 1,700,000,000 Dinara to 1 USD, and the highest denomination was the 10,000,000,000 Dinara note which was worth only 6 USD at that time. In October 1993, Yugoslavia reformed the currency in setting 1 Million old Dinara equal to 1 New Dinara. By the end of the year, the exchange rate was 3 Trillion (3,000,000,000,000) Dinara to 1 USD. The highest denomination at that time in Yugoslavia was the 500,000,000,000 Dinara note, and it was only worth 16 US Cents, by the end of the year. It probably cost more to print the notes than they were worth.




















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3 comments:

  1. AnonymousJanuary 25, 2008 at 5:57 PM

    excellent article
    Look this: http://www.spymac.com/details/?2331213

    ReplyDelete
  2. AnonymousApril 23, 2008 at 8:12 AM

    ko nas bre zavadi, pa videš koliko smo para svi mi jugoslaveni imali? kevu im ustašku pekišem...

    ReplyDelete
  3. AnonymousNovember 28, 2009 at 7:21 AM

    Those having these dinara money notes are still Billionaires as they are remoneterized by the Govt. and banks,equal in value with the new ones or Novi dinara,in international trade system to help the human race from their financial crisis and clear debts and good for anything upto year 2025.
    I've done innumerous large business transactions with these notes.

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