• The 1990s were marked by runaway hyperinflation, severe shortages of basic food and fuel, long queues in front of banks, and widespread poverty. The rapid collapse of the currency turned everyday transactions into acts of survival, rendering salaries and savings nearly worthless. This banknote, with an astronomically high denomination, became a symbol of economic breakdown and the social consequences of political and economic mismanagement.

Belgrade – Yugoslav Hyperinflation and the Collapse of the National Currency, 1993

€250

File size: 5705 × 3898 px (63.6 MB)
Credit: Dragoljub Zamurovic

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Editorial use in newspapers and magazines, editorial broadcasts, documentaries, and non-commercial websites, blogs, and social media posts illustrating matters of public interest.

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Product Description

The 1990s were marked by runaway hyperinflation, severe shortages of basic food and fuel, long queues in front of banks, and widespread poverty. The rapid collapse of the currency turned everyday transactions into acts of survival, rendering salaries and savings nearly worthless. This banknote, with an astronomically high denomination, became a symbol of economic breakdown and the social consequences of political and economic mismanagement.

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