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Currency history

Serbian dinar — occupation-era currency

Serbian dinar: a historical unit of account.

Dates in use
Introduction uncertain; ended 1945
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The story

The DFJ dinar replaced Serbian occupation dinars in the 1945 monetary unification. The April rates law valued 100 occupation Serbian dinars at 5 DFJ dinars and applied conversion to wartime obligations; prewar Yugoslav obligations were treated separately. [1]

Occupation Serbian dinar obligations and money entered the DFJ conversion in 1945, at 20:1 for the specified occupation-currency scope; exceptional certificates and older claims followed separate procedures. [2]

Turning points

Territorial currency separation

Occupied Serbia acquired a separate Serbian dinar after Yugoslavia’s partition. This was one of several occupation monetary areas. [3]

Sources and evidence

  1. Saša Ilić, National Bank of Serbia Archive · Socijalističko bankarstvo: neprekidna evolucija bankarskog sektora u Jugoslaviji (1944/45–1991/92), Anali PFB 1/2022; Jugoslovenski pregled (institutional review; byline not verified) · November 1983 issue, section Zamena okupacijskih novčanica; Democratic Federal Yugoslavia, Ministry of Finance · Službeni list DFJ, No. 62, 21 August 1945 C1636 ↗
  2. Saša Ilić, National Bank of Serbia Archive · Socijalističko bankarstvo: neprekidna evolucija bankarskog sektora u Jugoslaviji (1944/45–1991/92), Anali PFB 1/2022; Jugoslovenski pregled (institutional review; byline not verified) · November 1983 issue, section Zamena okupacijskih novčanica; Democratic Federal Yugoslavia, Ministry of Finance · Službeni list DFJ, No. 62, 21 August 1945 C1734 ↗
  3. Branko Hinić, Ljiljana Đurđević and Milan Šojić / National Bank of Serbia · Serbia/Yugoslavia: from 1884 to 1940; National Bank of Serbia · Dinar banknote history, article id 9755 C922 ↗

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“Serbian dinar — occupation-era currency.” The Family Tree of Money. © Field Technologies, Inc. Reader edition 2026-10-13; research dataset v44. https://familytreeofmoney.org/currency/T-FTM000939.html

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