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10-Para Note from 1920

10-Para Note from 1920

  • Место: Municipality of Belgrade
  • Dimensions: 8 x 4,8 cm
  • Inventory number: LĐN 765

Great destitution and a monetary chaos in the aftermath of World War I generated the need for a stable currency in circulation. The local authorities in several towns and cities of the new state responded timely by issuing their own municipal money – papers of value. From the information on the notes issued by the Municipality of Belgrade it can be seen that they were convertible into the corresponding amount of the state-issued money at the municipal cashier's.

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