Saturday, January 28, 2012

Republika Hrvatska Exchange Rate

How much is 100,000 Republika Hrvatska to US Dollar? Do you know Republika Hrvatska Exchange Rate? People always email me asking about the stories that I posted long time ago, you can read about it here; Republic of Croatia or Republika Hrvatska banknote. I also saw this note on sale by some Malaysia banknote dealers for a high price (around 45 ringgit a piece for 100,000 dinar) and the dealer said it is a good value if you're looking at the Croatia exchange rate today. Just beware, that guy is not telling you the truth. You cannot exchange this note with money changer since its already been recall long time ago. You cannot exchange this notes with any money changer.

Republika Hrvatska banknote

The notes is Republic of Croatia or Republika Hrvatska 1991-1993 issue banknote. In 1991, notes were introduced in denominations of 1, 5, 10, 25, 100, 500 and 1000 dinara, with 2000, 5000 and 10,000 dinara notes added in 1992 and 50,000 and 100,000 dinara in 1993. The obverse of all banknotes was the same, with a picture of Ragusan scientist Ruđer Bošković. Notes up to 1000 dinara had Zagreb cathedral on reverse. The higher denominations featured the Ivan Meštrović sculpture History of the Croats on the reverse.

During its existence the dinar declined in value by a factor of about 70. The dinar was replaced by the kuna at a rate of 1 kuna = 1000 dinara. That mean if you get 100,000 dinar:
1,428= 1 dinar 43 Lipa.
1 dinar 43 Lipa=25 cents US dollar. (1 dollar = 5.59 Croatia Kuna).

Again I want to remind everyone, this banknote has been demonetized since 1995 and no more legal tender.
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