Hyperinflation in the Federal Republic of Yugoslavia

This article may be a rough translation from Serbian. It may have been generated, in whole or in part, by a computer or by a translator without dual proficiency. Please help to enhance the translation. The original article is under "српски / srpski" in the "languages" list. If you have just labeled this article as needing attention, please add {{subst:Needtrans|pg=Hyperinflation in the Federal Republic of Yugoslavia |language=Serbian |comments= }} ~~~~ to the bottom of the WP:PNTCU section on Wikipedia:Pages needing translation into English. (November 2023)

Between 1992 and 1994, the Federal Republic of Yugoslavia (FRY) experienced the second-longest period of hyperinflation in world economic history, caused by an explosive growth in the money supply of the Yugoslav economy during the Yugoslav Wars.^[1] This period spanned 22 months, from March 1992 to January 1994. Inflation peaked at a monthly rate of 313 million percent in January 1994.^[2] Daily inflation was 62%, with an inflation rate of 2.03% in 1 hour being higher than the annual inflation rate of many developed countries. The inflation rate in January 1994, converted to annual levels, reached 116,545,906,563,330 percent (116.546 trillion percent, or 1.16 × 10¹⁴ percent). During this period of hyperinflation in FR Yugoslavia, store prices were stated in conditional units – point, which was equal to the German mark. The conversion was made either in German marks or in dinars at the current "black market" exchange rate that often changed several times per day.^[3]