10 Dinara

Printed at Dom Štampe in Zenica during the Bosnian War, this note was produced under active siege conditions — the Zenica printworks operated throughout the conflict as one of the few functional industrial facilities in government-held central Bosnia. The National Bank of Bosnia and Herzegovina was itself a wartime institution, established in 1992 following the republic's declaration of independence, and the convertible dinar it issued competed in a fractured monetary environment against Serbian and Croatian parallel currencies circulating in different controlled zones.

The watermark is the sole security feature — a frank admission of what wartime domestic printing could realistically achieve.