The name Republica Srpska, was adopted August 12, 1992. This event, together with all the political turmoil overtaking the former Yugoslav republic, led to war, which lasted until the Autumn of 1995.
It is doubtful, but uncertain, that the banknote featured on this post, was ever formally issued. The huge nomination is similar to that of Yugoslavian banknotes of the same decade, and indicates that the new Republic of Serbia shared in the same woes of hyperinflation. The number, deset milliard signifies Ten Billion, deset meaning ten, and milliard meaning billion.
The table to the right, illustrates the place of the short-lived Republic of Serbia during what came to be known as the Yugoslav Wars at the end of the 20th century. These were considered the deadliest wars in Europe since WWII.
The ancient fortress of Knin is featured on the reverse of this banknote. It is the 2nd largest in all of Europe.
Construction on the stronghold began in the 9th century. In the 11th century it served as the royal residence.
It consists of 5 interconnected towers and towns. They are named the Donji Grad (Lower Town), Srednji Grad (Middle Town), Gornji Grad (Upper Town) or Kaštel Knin, Kaštel lab or Bandijera, and Južni Grad (South Town) or station Belveder. It is about 1500 feet above sea level and 300 feet above the town of Knin below. It is 1500 feet long and about 330 feet wide with walls as high as 60 feet in several areas.
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