Bosnia and Herzegovina's 1992 note issues were produced under severe wartime constraints, and the physical evidence is right there in the paper. The notably thin, greasy stock used for this series was not a design choice — it reflects the near-total collapse of normal procurement and printing supply chains during the early months of the siege. Some researchers attribute the deteriorated paper quality to emergency improvisation by the Zenica-based printer, ZAP, which was operating under active conflict conditions.
High-denomination notes like this one depreciated almost as fast as they were printed, as inflation during 1992–1993 rendered successive issues obsolete within weeks of release.
Bosnia and Herzegovina's 1992 note issues were produced under severe wartime constraints, and the physical evidence is right there in the paper. The notably thin, greasy stock used for this series was not a design choice — it reflects the near-total collapse of normal procurement and printing supply chains during the early months of the siege. Some researchers attribute the deteriorated paper quality to emergency improvisation by the Zenica-based printer, ZAP, which was operating under active conflict conditions.
High-denomination notes like this one depreciated almost as fast as they were printed, as inflation during 1992–1993 rendered successive issues obsolete within weeks of release.