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Serbian dinar — occupation-era currency

The story behind Serbian dinar.

Years
Under research
Where
Europe
Family
Other origins
Status
Ended

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

A fuller story is under research.

Timeline

  1. Territorial currency separation

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

Coins and notes

Images are under research. Each image will carry its caption, collection credit and public-domain or CC0 license.

How do we know?

Serbian and Kingdom Yugoslav dinar → Serbian dinar

Documented territorial currency separation · 1941

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

Verbatim source excerpt under research. The linked notes identify the source and passage supporting this connection.

Full connection evidence →

Successor connections

Complete evidence record →
Legal history and sources

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

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

Source notes

  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

    Ilić section 2 notes 9–10; Jugoslovenski pregled November 1983 p. 433; official conversion schedule

  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

    Same conversion and obligation provisions

  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

    Printed pp. 295–296 and 299: monetary unification and wartime partition · June 7, 2016; concluding history of wartime and postwar note series

Full claim history and source register →

Cite this currency

“Serbian dinar — occupation-era currency.” The Family Tree of Money. Field Technologies, Inc. Data v52; accessed 14 October 2026.

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