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Notes Of The German Occupation, The Serbian People: 500 Dinara (Serbia, 1941)-Reference

  • smithwicknumismati
  • Jan 2, 2021
  • 1 min read

Updated: Nov 21, 2025

This Serbian banknote represents the 3rd denomination of the Second Serbian Dinar (Series 1941-Unstamped), also known as the “WWII Dinar”. The observe features a woman wearing a head scarf, holding a dinar coin necklace. The reverse depicts a young man, carrying a stack of bricks. (Note Size: 168 x 95 mm or 6.61 x 3.74 in)


Notably there are two separate Series 1941, one features banknotes with additional overstamps. This feature was added by the German occupational authorities. These notes were printed on Yugoslavian banknotes. Which includes the 10 Dinara (1939), 100 Dinara (1929), and previously unissued 1,000 Dinara (1935) notes. The notes were pegged at rate of 250 Dinara = 1 German Reichsmark.


The Series 1941 notes were provisional in nature and were replaced by Series 1942. These notes circulated until 1944, when they were replaced by the Yugoslavian Federation Dinar. They were distributed by the Yugoslav Partisans, led by future Yugoslav leader Josip Broz Tito (1892-1980). The exchange rate was 20 Serbian Dinara = 1 Yugoslav Dinar.


Observe

This Serbian banknote represents the 3rd denomination of the Second Serbian Dinar (Series 1941-Unstamped), also known as the “WWII Dinar”.  The observe features a woman wearing a head scarf, holding a dinar coin necklace.

Reverse

This Serbian banknote represents the 3rd denomination of the Second Serbian Dinar (Series 1941-Unstamped), also known as the “WWII Dinar”.  The observe features a woman wearing a head scarf, holding a dinar coin necklace. The reverse depicts a young man, carrying a stack of bricks.

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