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20 Konvertibilnih Maraka

发行方 Central Bank of Bosnia and Herzegovina
年份 1998
类型 Standard circulation banknote
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正面描述 Portrait vignette of Filip Višnjić (1765–1835), the blind Bosnian Serb epic poet and guslar, positioned to the right of centre against a fine guilloche underprint in violet and grey tones. The denomination numeral '20' appears in the lower left, with bilingual bank title in Cyrillic and Latin script across the top. A Governor's signature with title 'ГУВЕРНЕР / GUVERNER' is present in the lower left margin.
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背面铭文 ДВАДЕСЕТ КОНВЕРТИБИЛНИХ МАРАКА DVADESET KONVERTIBILNIH MARAKA 20 ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ CENTRALNA BANKA BOSNE I HERCEGOVINE
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The Konvertibilna Marka was introduced in June 1998, replacing the Bosnian Dinar at par and pegged to the Deutschmark at exactly 1:1 — a rate fixed by the Dayton Agreement's monetary architecture to prevent either entity from manipulating exchange conditions against the other. The currency itself was a political instrument as much as an economic one, designed to function across the Federation of Bosnia and Herzegovina and Republika Srpska without privileging either.

Oberthur's Rennes facility produced the early KM series to a competent but unremarkable security specification. When Germany adopted the Euro in 2002, the peg transferred automatically to the Euro at the inherited conversion rate of 1.95583 KM — a figure still in force today.