Title of the state - in both Cyrillic and Latin letters along the rim, great coat of arms in the center, below - abbreviations 'The National Bank of Serbia'.

Inscription 'Dinara' (title of currency) on the upper arch. Bust of M. Milankovich in the center, on the left - figures '20', below - the year of minting.

Milutin Milanković (28 May 1879 – 12 Dec. 1958) was a Serbian geophysicist and civil engineer, best known for his theory of ice ages, suggesting a relationship between Earth's long-term climate changes and periodic changes in its orbit.