Description: Group of 12 - 1987-1993 Yugoslavia Inflation Dinara Banknotes - 20,000 Dinara up to 5 Billion Dinara Yugoslavia, a socialist state in southeastern Europe, experienced one of the highest inflation rates in history during the period from 1987 to 1993. The country was already grappling with severe economic issues, including large foreign debts, high unemployment rates, and a decline in living standards. The situation worsened due to political instability, international sanctions, and ethnic conflicts that ultimately led to the dissolution of Yugoslavia. This period saw a rapid depreciation of the Yugoslav dinar, resulting in the issuance of banknotes with astronomical values such as 20,000 dinara up to 5 billion dinara. Background Inflation is an economic phenomenon characterized by a persistent increase in the general price level of goods and services in an economy over time. Inflation rates can be influenced by several factors, such as government policies, supply and demand imbalances, and external shocks. In the case of Yugoslavia, multiple factors contributed to the hyperinflationary environment during this period:
Price: 54 USD
Location: Butte, Montana
End Time: 2024-11-12T16:02:27.000Z
Shipping Cost: N/A USD
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Item Specifics
Return shipping will be paid by: Buyer
All returns accepted: Returns Accepted
Item must be returned within: 14 Days
Refund will be given as: Money Back
Circulated/Uncirculated: Circulated
Type: Banknotes
Year: 1987 - 1993
Country: Yugoslavia
Grade Designation: Ungraded
Grade: Ungraded
Country/Region of Manufacture: Yugoslavia
Modified Item: No
Certification: Uncertified
