10 Konvertibilnih Maraka

The convertible marka was introduced in June 1998 as the unified currency of Bosnia and Herzegovina under the Dayton Agreement framework, replacing the three parallel currencies — the Croatian kuna, Yugoslav dinar, and Bosnian dinar — that had circulated simultaneously during and after the 1992–1995 war. Its value was pegged at parity to the Deutsche Mark, a deliberate political choice designed to inspire confidence in a population that had watched successive currencies collapse. When Germany adopted the euro in 2002, the peg transferred automatically to the euro at the inherited DM rate of 1.95583, where it remains fixed.

Oberthur's Rennes facility produced the early series under tight IMF and international oversight — the Central Bank itself was initially run by a foreign governor, a condition of the peace settlement.