1992 Dinars are old Dinars and 13 million of them=1 New Dinar. New Dinars were introduced in 1994 and were pegged 1:1 with the Deutsche Mark. The rate of exchange for the previous dinar was, and still is, 1 Deutsche Mark (and hence 1 New Dinar) to about 13 million old Dinars. See the link below. This is straight from the Consul of Belgrade:
Thank you for writing. I'm surprised they wouldn't have told you themselves what I am about to tell you. Yugoslav dinars from the mid-1990s are no longer legal tender. There have been several revaluations of the dinar since 1993. Further, the country has been politically redivided several times. The current currency is the Serbian dinar. The euro is used in Montenegro and Kosovo, though they are not part of the official euro zone. Bank notes from 1993 are no longer legal tender and the timeframe to exchange them expired sometime in the 1990s. Because of the curiosity of the huge numbers, you can often find street vendors in Belgrade selling old notes like this as sort of historical novelty items. Here is a bit of interesting information about dinars of that era from Wikipedia. 1993 dinar A 500,000,000,000 (500 billion) Yugoslav dinar banknote circa 1993, the largest nominal value ever officially printed in Yugoslavia, the final result of hyperinflation. Photo courtesy of National Bank of Serbia ( Banknotes for this currency were issued in denominations of 5000, 10,000, 50,000, 500,000, 1 million, 5 million, 50 million, 500 million, 5 billion, 50 billion and 500 billion. The unusual sequence of denominations was caused by the hyperinflation Yugoslavia was suffering from. [edit] 1994 dinar In January, 1994, notes were issued for 10, 100, 1000, 5000, 50,000, 500,000 and 10 million dinara. They circulated for just a few weeks before the currency was abandoned in favour of the novi dinar. [edit] Novi dinar On January 24, 1994, notes were introduced for 1, 5 and 10 novih dinara. A second series of notes was introduced later in the year for 5, 10 and 20 novih dinara, with 50 and 100 novih dinara notes added in 1996. In 2000, new notes without the word "novih" were issued in denominations of 10, 20, 50 and 100 dinara. 200 and 1000 dinara notes were introduced in 2001, followed by 5000 dinara in 2002. Regards, Nikolas Trendowski Second Secretary and Consul Embassy of the United States of America Belgrade, Serbia This message is unclassified as defined by E.O. 12958.
Related Q&A：
Value of 500000000 Yugoslavia dinara 1993？-Well, you know, the value of the Yugoslavia dinara in 1993 was highly influenced by the economic and political situation at that time. But honestly, by today's standards, that amount of Yugoslavia dinara from 1993 might not have a significant value. You see, currencies change over time, and especially in cases of economic instability, their worth can fluctuate a lot. It's quite a tricky thing to determine an exact equivalent value now. But it's likely that it wouldn't be worth a huge amount in today's currency markets.
