20 Dinara

Features

Issuer	Yugoslavia
Issuing entity	National Bank of Yugoslavia (Narodna banka Jugoslavije)
Period	Socialist Federal Republic (1963-1992)
Type	Standard circulation banknotes
Years	1974-1981
Value	20 Dinars (20 динарa) (20 YUD)
Currency	Hard dinar (1966-1989)
Composition	Paper
Size	140 × 65 mm
Shape	Rectangular
Demonetized	Yes
Number	N# 203935
References	P# 85, 88 Standard Catalog of World Paper Money (10 volumes).

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Obverse

Purple on multicolour underprint. Ship dockside at left. Bank name, denomination, and two signatures at centre-right. Red seven-digit serial number with two-letter prefix beneath. Emblem of Yugoslavia in background.

Scripts: Cyrillic, Latin

Lettering:
НАРОДНА БАНКА ЈУГОСЛАВИЈЕ
NARODNA BANKA JUGOSLAVIJE
НАРОДНА БАНКА НА ЈУГОСЛАВИЈА
ДИНАРА DINARJEV 20 DINARA ДИНАРИ
ВИЦЕГУВЕРНЕР - VICEGUVERNER
GUVERNER - ГУВЕРНЕР
БЕОГРАД - BEOGRAD
19. XII 1974.
БЕЛГРАД

N. HRVANOVIĆ FEC
ZAVOD ZA IZRADU NOVČANICA U SASTAVU NARODNE BANKE JUGOSLAVIJE

Translation:
National Bank of Yugoslavia
20 Dinara
Vice governor
Governor
Belgrade
1974-12-19
Banknote Production Institute of the National Bank of Yugoslavia

Designer: Nusret Hrvanović

Reverse

Purple on multicolour underprint. Large numeral 20 at centre surrounded by the names of the six constituent socialist republics of Yugoslavia. Country name in multiple languages at right, counterfeiting clause at bottom.

Scripts: Cyrillic, Latin

Lettering:
ДВАДЕСЕТ ДИНАРА
DVAJSET DINARJEV
20
DVADESET DINARA
ДВАЕСЕТ ДИНАРИ
· BOSNA I HERCEGOVINA · CRNA GORA · HRVATSKA · MAKEDONIJA · SLOVENIJA · SRBIJA
· БОСНА И ХЕРЦЕГОВИНА · МАКЕДОНИЈА · СЛОВЕНИЈА · СРБИЈА · ХРВАТСКА · ЦРНА ГОРА

SOCIJALISTIČKA FEDERATIVNA REPUBLIKA JUGOSLAVIJA
СОЦИЈАЛИСТИЧКА ФЕДЕРАТИВНА РЕПУБЛИКА ЈУГОСЛАВИЈА
SOCIALISTIČNA FEDERATIVNA REPUBLIKA JUGOSLAVIJA

ФАЛСИФИКОВАЊЕ СЕ КАЖЊАВА ПО ЗАКОНУ - KRIVOTVORENJE SE KAŽNJAVA PO ZAKONU
PONAREJANJE SE KAZNUJE PO ZAKONU - ФАЛСИФИКУВАЊЕТО СЕ КАЗНУВА СПОРЕД ЗАКОНОТ
M. PETROVIĆ FEC. D. MATIĆ SC.

Translation:
Twenty Dinara
20
Bosnia & Herzegovina, Montenegro, Croatia, Macedonia, Slovenia, Serbia [in Latin]
Bosnia & Herzegovina, Macedonia, Slovenia, Serbia, Croatia, Montenegro [in Cyrillic]
Socialist Federal Republic of Yugoslavia
Counterfeiting is punishable by law.

Engraver: Dušan Matić

Designer: Miodrag Petrović

Signatures

Joško Štrukelj (JŠ)	Deputy Governor of the National Bank
Branislav Čolanović (BČ)	Governor of the National Bank
Ilija Marjanović (IM)	Deputy Governor of the National Bank
Ksente Bogoev (KB)	Governor of the National Bank
Miodrag Veljković (MV)	Deputy Governor of the National Bank
Radovan Makić (RM)	Governor of the National Bank

Printer

Serbian state printer (ZIN - Zavod za izradu novčanica i kovanog novca), Belgrade, Serbia (1929-date)

Comments

UV activity:
P#85
P#85
P#88
P#88
© gyoschak

Under backlight a thin green security strip can be seen. “SFRJ” and “СФРЈ” are repeated on it, in a stepped line:

Under UV light, the security strip fluoresces. Seen here on a 1981 note, at 365nm:

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Date	Signatures	G	VG	F	VF	XF	AU	UNC		Frequency
Undetermined
1974-Dec-19	JŠ, BČ				$ 0.64			$ 1.30	P#85a.1 - 6-digit serial #	9%
1974-Dec-19	JŠ, BČ	$ 0.46	$ 0.80	$ 0.80	$ 0.84	$ 0.91	$ 1.20	$ 1.20	P#85a.2 - 7-digit serial #	37%
1974-Dec-19	JŠ, BČ								P#85s - red overprint "SPECIMEN", serial # AA000000	0%
1978-Aug-12	IM, KB	$ 0.53	$ 0.57	$ 0.58	$ 0.68	$ 1.10	$ 1.10	$ 1.10	P#88a	63%
1978-Aug-12	IM, KB							$ 2.20	P#88ar - replacement note serial ZA	2%
1981-Nov-04	MV, RM	$ 0.49	$ 0.68	$ 0.68	$ 0.68	$ 1.00	$ 1.00	$ 1.10	P#88b	21%
1981-Nov-04	MV, RM								P#88br - replacement note	0.5%

Values in the table above are expressed in USD. They are based on evaluations by Numista users and sales realized on Internet platforms. They serve as an indication only; they are not intended to be relied upon for buying, selling or exchanging. Numista does not buy or sell coins or banknotes.

Frequencies show the percentage of Numista users who own each year or variety among all the users who own this banknote. Since some users own several versions, the sum may be greater than 100%.

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Past sales

Pictures	Sale	Date	Version	Grade	Sold price
	Katz Auction 68 Lot 2485	8 Oct 2022	1981-Nov-04 MV, RM – P#88br - replacement note	UNC	The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 178 Lot 2426	13 Dec 2025	Undetermined	UNC	USD 39.46 (EUR 34.00) (+ buyer's premium) The lot includes several items.
© Katz Coins Notes & Supplies Corp.
	Katz Auction 159 Lot 1387	3 Jun 2025	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 147 Lot 3884	17 Dec 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 147 Lot 3883	17 Dec 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 139 Lot 1988	5 Oct 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 132 Lot 2161	17 Jul 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 132 Lot 2160	17 Jul 2024	Undetermined	UNC	Unsold
© Katz Coins Notes & Supplies Corp.
	Katz Auction 102 Lot 2382	28 Nov 2023	Undetermined	AU	USD 117.23 (EUR 101.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.
	Katz Auction 127 Lot 2002	1 Jun 2024	Undetermined	XF	USD 5.80 (EUR 5.00) (+ buyer's premium)
© Katz Coins Notes & Supplies Corp.