Catalog
10 Konvertibilnih Maraka
| Issuer | Central Bank of Bosnia and Herzegovina |
|---|---|
| Year | 2008 |
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| Value | 10 Konvertibilnih Maraka |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ CENTRALNA BANKA BOSNE I HERCEGOVINE 10 КОНВЕРТИБИЛНИХ МАРАКА KONVERTIBILNIH MARAKA ДЕСЕТ КОНВЕРТИБИЛНИХ МАРАКА DESET KONVERTIBILNIH MARAKA АЛЕКСА ШАНТИЋ 1868 - 1924 |
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| Reverse lettering | ДЕСЕТ КОНВЕРТИБИЛНИХ МАРАКА DESET KONVERTIBILNIH MARAKA 10 ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ CENTRALNA BANKA BOSNE I HERCEGOVINE |
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| Comments |
The konvertibilna marka was introduced in 1998 under the Dayton Agreement's financial architecture, pegged to the Deutsche Mark at par and subsequently locked to the euro at 1.95583 — a rate it still holds. That fixed peg, enforced by a currency board arrangement with no capacity for discretionary monetary policy, was the entire point: post-war Bosnia needed an anchor no domestic institution could undermine.
Oberthur's Chantepie facility handled the bulk of KM production across multiple series. The P#73 is a revised issue within an otherwise conservative series — security upgrades rather than a redesign.