06.07.2005.
On July 2, 2005 the National Bank of Serbia placed into circulation a new 200-dinar banknote and coins in denominations of 1, 5 and 10 dinars.
I BANKNOTE
The 200-dinar banknote issued by the National Bank of Serbia and banknote in the same denomination issued by the National Bank of Yugoslavia in 2001 will be in concurrent circulation. The new banknote was placed into circulation for the purpose of meeting the needs of cash transactions arising from the redemption of existing worn and damaged banknotes in this denomination.
New 200-dinar banknote has preserved the artwork of the same denomination banknote issued by the National Bank of Yugoslavia. The front side of the banknote features the portrait of Nadežda Petrović, expressionist painter, whereas her figure and the depiction of the monastery of Gračanica, a frequent motif in her paintings, occupy the reverse side. Dimensions of the banknote are 70 X 147 mm.
Differences between the new 200-dinar banknote and the one issued by the National Bank of Yugoslavia lie not only in the changed year of issuing (2005), but also in the changed inscriptions and emblems – the name of the issuer has been changed into «Narodna Banka Srbije», whereas coat of arms of the Federal Republic of Yugoslavia has been replaced by the Great Coat of Arms of the Republic of Serbia. The new banknote bears the signature of Radovan Jelašić, Governor of the National Bank of Serbia.
The front side of the banknote bears a kinegram, whose basic elements are value of the denomination «200» and a stylized depiction of a palette with crossed artist’s brushes, as well as microlettering «200 dinara» (the previously issued note bears a kinegram consisting of the FRY coat of arms and a “YU” mark).
A combination of techniques was used in printing 200-dinar banknotes – intaglio and multicolor offset print for the front side, and multicolor offset print and letter press (double numbering) for the reverse. An additional security feature is the so-called tilting effect produced by intaglio print. There are two tilting effects on the front side of the banknote – the larger one is ellipsoidal and features the NBS logo, whereas the smaller one is rectangular and features «NBS» (tilting effect on the 200-dinar banknote issued in 2001 featured «NBJ»).
The banknote was printed on toned security paper (the one issued in 2001 was printed on white security paper) with an embedded multi-tone watermark, which forms the portrait of Nadežda Petrović, and an embedded windowed security thread containing repeated microlettering «DINAR ДИНАР» with a mark «~» visible from both the front and the reverse side. Yellow, blue and red-colored security fibers are also incorporated in the paper, with the yellow and red ones visible under the light of a UV lamp. The banknote is predominantly amber red and brown, with shades of blue.
II COINS
Coins in denominations of 1 and 5 dinars issued by the National Bank of Serbia have been made of the so-called yellow alloy comprising: 75% of copper, 24% of zinc and 0,5% of nickel, whereas 10-dinar coins have been made of the so-called white alloy comprising: 70% of copper, 18 % of zinc and 12% of nickel. These coins and coins in the same denomination issued by the National Bank of Yugoslavia and the National Bank of Serbia will be in concurrent circulation.
Novelty in the appearance of these coins, compared with the previous series, is reflected in the conceptual design of the reverse which features the Great Coat of Arms of the Republic of Serbia. The mentioned coat of arms in large figure occupies the central part of the reverse, while the inscriptions «Republika Srbija» and «NBS» are written around it in a semicircle in both Latin and Cyrillic letters. Previously, the coat of arms in this form had been depicted only once on the reverse of a 5-dinar denominated coin minted in silver in 1904 in the Kingdom of Serbia.
Apart from the coat of arms, another novelty in the appearance of coinage of the latest series is the manner in which the rim of the coins, with its vertical rounded lines and alternating even surfaces, has been made.
Except for the year of minting - 2005, the obverse of coinage remains unchanged:
1. The obverse of 1-dinar coin depicts the National bank of Serbia edifice.
1-dinar coin weighs 4.26 g, whereas its diameter is 20 mm.
2. The obverse of 5-dinar coin features the monastery of Krušedol. 5-dinar coin weighs 6.13 g, whereas its diameter is 24 mm.
3. The obverse of 10-dinar coin shows the monastery of Studenica. 10-dinar coin weighs 7.77 g, whereas its diameter is 26 mm.
Hereby, we would also like to announce that coinage in denomination of 50 paras issued in 1994, 1995 and 1996 will be withdrawn from circulation in the period July 2 – December 31, 2005. As of January 1, 2006 these coins will cease to be legal tender. After this date, all natural and juridical persons will be able to exchange this money in unlimited amounts in banks and NBS branches and subsidiaries up to June 30, 2006. From July 1 to December 31, 2006 exchange of these coins will be performed in NBS branches and subsidiaries only.
Treasury Department
