Catalog
5 Konvertibilnih Maraka
| Issuer | Central Bank of Bosnia and Herzegovina |
|---|---|
| Year | 1998 |
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| Currency | Convertible Mark (1998-date) |
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|---|---|
| Obverse lettering | ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ CENTRALNA BANKA BOSNE I HERCEGOVINE 5 ПЕТ КОНВЕРТИБИЛНИХ МАРАКА PET KONVERTIBILNIH MARAKA ГУВЕРНЕР GUVERNER МЕША СЕЛИМОВИЋ 1910 - 1982 |
| Reverse description | The reverse presents a central vignette of stylized trees rendered within a decorative frame, set against a fine guilloche underprint. The denomination numeral appears to the left, with bilingual denomination text and the issuing authority's name in both Cyrillic and Latin scripts arranged across the note. The overall composition employs restrained coloration consistent with the series. |
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| Comments |
The Convertible Mark was introduced in 1998 as part of the monetary framework established under the Dayton Agreement, replacing the Bosnian Dinar at par with the German Mark — a deliberate peg designed to impose monetary stability on a country still rebuilding its banking infrastructure from the ground up. The currency's name itself was a political compromise: "marka" satisfied Bosniak and Croat preferences while remaining acceptable to Bosnian Serbs.
Oberthur's production of this first series was secured before Bosnia had the institutional capacity to manage domestic printing, and the notes carried a currency board arrangement enforced by law — every Mark in circulation had to be fully backed by foreign exchange reserves.