Kingdom Yugoslavia - Kingdom SHS - 100 dinara - year 1920 - EXTREMELY RARE

Description

Until 1918, the dinar was the currency of Serbia. It then became the currency of the Kingdom of Serbs, Croats and Slovenes, circulating alongside the krone in Croatia, Slovenia and Bosnia and Herzegovina, with 1 dinar = 4 kronen. The first coins and banknotes bearing the name of the Kingdom of Serbs, Croats and Slovenes were issued in 1920, until which time Serbian coins and banknotes circulated. In 1929, the name of the country changed to the Kingdom of Yugoslavia and this was reflected on the currency.
In 1920, the National Bank of the Kingdom of Serbs, Croats and Slovenes issued notes for 10, 100 and 1000 dinara. The 10 dinara note was engraved and printed by the American Bank Note Company. In 1926 the government changed the design of the 10 dinara bill.
Following the change of the country's name to Yugoslavia in 1929, the bank notes changed as well. New 10 dinara notes were printed that were the same as the old ones with a changed name and a new design of 100 dinara note was issued. In the following years each, other denominations were redesigned, including the 1000 dinara notes in 1931 and 500 dinara notes in 1935.
In 1931, an exchange rate of 56.4 dinara = 1 U.S. Dollar was set, which changed to 44 dinara in 1933. In 1937, a tourist exchange rate of 250 dinara = 1 British pound was established.