This is a unique collection of Yugoslavian banknotes from 1994, during the hyperinflation period. The set includes 7 notes ranging from 10 dinars to 10 million dinars, and all are circulated, although they look as uncirculated, because they were used for only a couple of weeks. Each bill showcases the intricate designs and historical significance of Yugoslavian currency. These banknotes belong to the famous third and final edition of banknotes from the period of hyperinflation, which ended on January 24th 1994 and serve as a testimony of one of the world's highest hyperinflations ever. The 7 banknotes were issued in only 17 days witnessing the craziness of hyperinflation spiral that hit the Yugoslav economy under the tyranny of Slobodan Milošević.

Hyperinflation in Yugoslavia lasted for 22 months (March 1992 - January 1994) during which 3 editions of banknotes were issued - 33 banknotes in total, spanning from 10 dinars to 500 billion dinars.
Inflation peaked at a monthly rate of 313 million percent in January 1994 daily inflation was 62%, with an inflation rate of 2.03% in 1 hour being higher than the annual inflation rate of many developed countries. The inflation rate in January 1994, converted to annual levels, reached 116,545,906,563,330 percent.


Banknotes are:
10 - Josif Pančić/Kopaonik mountain-Pančić spruce
100 - Nikola Tesla/Nikola Tesla Museum
1.000 - Petar Petrović Njegoš/Cetinje Monastery
5.000 - Dositej Obradović/Hopovo Monastery
50.000 - Karađorđe Petrović/Church and mansion of Karađorđe
500.000 - Jovan Cvijić/Belgrade University
10.000.000 - Ivo Andrić/National Library (1993 banknote with the 1994 stamp and other Central Bank Governor signature)


This is a must-have for any serious collector of world paper money.