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100 Konvertibilnih Maraka
| Issuer | Centralna Banka Bosne i Hercegovine |
|---|---|
| Year | 1998-2002 |
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| Composition | Log in to see details |
| Size | 154 × 74 mm |
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|---|---|
| Obverse lettering | CENTRALNA BANKA BOSNE I HERCEGOVINE ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ 100 KONVERTIBILNIH MARAKA КОНВЕРТИБИЛНИХ МАРАКА STOTINU KONVERTIBILNIH MARAKA СТОТИНУ КОНВЕРТИБИЛНИХ МАРАКА NIKOLA ŠOP 1904 - 1982 |
| Reverse description | Central vignette in intaglio of a fragment of the Zgošća stećak — a medieval Bosnian tombstone carved with figural and ornamental relief — set within an elaborate guilloche frame. The denomination '100' appears in large numerals at lower right, with vertical bilingual inscriptions running along the left margin in both Latin and Cyrillic scripts. The issuer's name in both scripts is printed along the top border. |
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| Comments |
The Konvertibilna Marka was introduced in 1998 under the Dayton Agreement's financial architecture, pegged first to the Deutsche Mark and later, automatically, to the Euro at the fixed rate of 1.95583 KM. The currency was deliberately designed to function without a central monetary policy — the Central Bank operates as a pure currency board, legally prohibited from extending credit to the government or commercial banks. That constraint was written in specifically to prevent the kind of wartime monetary collapse Bosnia had experienced just years earlier.
Oberthur's Rennes facility handled production for the entire inaugural series. P#69 is the highest denomination of that first issue.