Yugoslav New Dinar(redirected from New Yugoslav Dinar)
Also found in: Acronyms.
Yugoslav New Dinar
The currency of the former Yugoslavia. It was introduced in 1994 following a period of hyperinflation and was pegged to the deutschemark at par. It was used in Montenegro until 2000, when it was replaced by the deutschemark, which was later replaced by the euro. Serbia continued to use the new dinar until 2003, when Yugoslavia officially split into Serbia and Montenegro. At that time, it was replaced by the Serbian dinar at a 1:1 ratio.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved