Printed at Dom Štampe in Zenica while the city itself was under siege conditions during the Bosnian War, this note is one of the few examples in modern European monetary history of a central bank issuing currency from a press operating inside an active war zone. The National Bank of Bosnia and Herzegovina was functioning under extraordinary constraints — international recognition had come in 1992, but physical control of territory, supply chains, and even the ability to distribute printed notes were all severely compromised.
The watermark security on a note of this denomination, in this situation, speaks more to bureaucratic continuity than to any practical anti-counterfeiting need.
Printed at Dom Štampe in Zenica while the city itself was under siege conditions during the Bosnian War, this note is one of the few examples in modern European monetary history of a central bank issuing currency from a press operating inside an active war zone. The National Bank of Bosnia and Herzegovina was functioning under extraordinary constraints — international recognition had come in 1992, but physical control of territory, supply chains, and even the ability to distribute printed notes were all severely compromised.
The watermark security on a note of this denomination, in this situation, speaks more to bureaucratic continuity than to any practical anti-counterfeiting need.