There were two distinct currencies issued by the National Bank of the Republika Srpska.
The first was introduced in 1992 in conjunction with the Yugoslav dinar of that year, to which it was equal.
The second was introduced on 1 October 1993, replacing the first at a rate of one million to one and matching the revaluation of the Yugoslav currency.
The "1992 dinar" notes featured the arms of the republic on both sides, whilst the "1993 dinar" notes had a portrait of Petar Kočić on the obverse.
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