Depicts a coat of arms of the Federal Republic of Yugoslavia surrounded by the state name.

The coat of arms of Serbia and Montenegro consisted of a shield with the Serbian eagle (a white double-headed eagle adopted from the Nemanjić dynasty) and the shield with a quartering the Serbian cross (or cross with firesteels) and the Montenegrin lion passant. This emblem had served as the national symbol of the State Union of Serbia and Montenegro (known as the Federal Republic of Yugoslavia until 2003).

Nominal value of the coin in large figure and in letters, relief of the building of the National Bank of Yugoslavia (old headquarters of the NBS, Kralja Petra 12, Belgrade), year of minting.

The bank was originally established on 2 July 1884 as the Privileged National Bank of the Kingdom of Serbia. It was modeled after the National Bank of Belgium, considered at the time to be at the forefront of modern banking institutions. Following the First World War, the bank underwent several changes as the country expanded and eventually became Yugoslavia, whilst the bank was renamed the National Bank of Yugoslavia. It wasn't until 2006 that the last remnant of Yugoslavia disappeared and the bank returned to minting Serbian currency, and its original name, the National Bank of Serbia.