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50 Konvertibilnih Pfeniga

Issuer Centralna Banka Bosne i Hercegovine (Central Bank of Bosnia and Herzegovina)
Year 1998
Type Standard circulation banknote
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Obverse description At centre-right, an intaglio portrait vignette of Bosnian writer Branko Ćopić (1915–1984) set against an intricate guilloche underprint in shades of blue and violet. To the left, a large stylised numeral "50" in bold letterpress, above the denomination legend in Cyrillic and Latin scripts. The bank title runs along the top in both scripts, with a vertical side panel at right repeating the denomination; a diamond-shaped ornamental motif appears at centre-left.
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Protection description Branko Ćopić's portrait, visible when held to light
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The Konvertibilna Marka, introduced in June 1998 under the Dayton Agreement's financial provisions, was pegged to the Deutsche Mark at parity — a deliberate design choice meant to import monetary credibility into a country that had just endured hyperinflation under the wartime Bosnian dinar. Oberthur Fiduciaire, a reliable choice for newly reconstituted states needing fast, secure production, handled the entire initial series.

The peg transferred automatically to the Euro at 1.95583 KM when Germany adopted the single currency, and that rate remains legally fixed to this day.