Bosnia and Herzegovina convertible mark

1 EUR = 1.95583 BAM (fix)

1 EUR = 1.95583 BAM 1 BAM = 0.51129 EUR

1 CHF = 1.59855 BAM 1 BAM = 0.62557 CHF

The Convertible Mark ( in the local languages ​​konvertibilna marka / конвертибилна марка ) is since 22 June 1998, the currency of Bosnia and Herzegovina. She was linked to 2001 in a 1:1 ratio to the German mark, since 2002 to the euro (1 EUR = 1.95583 KM). A convertible mark is divided into 100 Fening.

Is abbreviated with the convertible mark KM (also: km), the Fening with Kf, the currency according to ISO 4217 with BAM (Bosnia and Herzegovina in accordance with ISO 3166-1 and Mark )

General

By 1998, three different currencies were used in the three ethnic areas controlled part of Bosnia and Herzegovina, the Bosnian dinar, the Croatian kuna and the ( new ) Yugoslav dinar. In the informal sector, as well as an investment currency, the German mark was widespread. This facilitated the decision to link the new joint national currency to the DM; Mark also was a name without undesirable political connotations and was accepted by the representatives of all three ethnic groups.

The KM is divided as follows:

• Coins: 5 Kf, Kf 10, 20 Kf, Kf 50, 1 KM 2 KM 5 KM and
• Notes: 10 KM, 20 KM, 50 KM, 100 KM and 200 KM

Coins of 5 Kf and 5 KM have been in circulation since 5 January 2006. The certificates to 50 Fening ( there with the spelling Pfeniga ) were withdrawn from circulation on 31 March 2003, the bills to 1 KM followed by 31 December 2008. 5 banknote KM were March 31, 2010 withdrawn from circulation.

The 200 KM banknote was designed by Robert Kalina and printed by Oesterreichische banknote and security printing GmbH. All other notes were printed by François -Charles Oberthur Fiduciaire in Paris.

And 100 -KM banknotes and in 2008 a new version of 10 - - 2007 a ​​new version of 50 and was 20 -KM banknotes issued.

Initially also German coins and notes were in circulation and were used as domestic KM.

Special

A special feature of the Bosnian- Herzegovinian banknotes is that with the exception of the 200 -KM- note each note was produced in two variants, namely one for the Republika Srpska and in another for the Federation, but all are fully applicable throughout the country.

Another special feature are some spelling mistakes: The 1 -KM- grade of the Republic contains a typographical error in the name of Ivo Andric: " Андриђ " ( Andriđ ) instead of " Андрић " ( Andrić ); it has not been circulated. On the back of the 5- KM bills is in the Cyrillic declared value РЕТ ( ret ) instead of ПЕТ (pet) "five". The errors have all issued in 1998 notes, both the Republic and the Federation. The banknote of the Republic also contains an incorrect character in the name of Meša Selimović. All banknotes to 100 KM also the Cyrillic letter " ЏББХ " ( DžBBH ) are the security strip instead of " ЦББХ " ( CBBH for " Centralna Banka of Bosnia and Herzegovina ").