Bosnia and Herzegovina convertible mark
From Wikipedia, the free encyclopedia
| Bosnia and Herzegovina convertible mark konvertibilna marka (Bosnian) (Croatian) (Latin Serbian) Конвертибилна марка (Cyrillic Serbian) |
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| ISO 4217 Code | BAM | ||||
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| User(s) | Bosnia and Herzegovina | ||||
| Inflation | 8.2% | ||||
| Source | The World Factbook, 2006 est. | ||||
| Pegged with | euro = KM1.95583 | ||||
| Subunit | |||||
| 1/100 | fening | ||||
| Symbol | KM (Latin) or КМ (Cyrillic) | ||||
| Plural | The language(s) of this currency is of the Slavic languages. There is more than one way to construct plural forms. See article. | ||||
| Coins | 5, 10, 20, 50 feninga, 1, 2, 5 maraka | ||||
| Banknotes | 50 pfeniga, 1, 5, 10, 20, 50, 100, 200 maraka | ||||
| Central bank | Central Bank of Bosnia Herzegovina | ||||
| Website | www.cbbh.gov.ba | ||||
The convertible mark (Bosnian, Croatian, Serbian Latin: konvertibilna marka, Serbian Cyrillic: конвертибилна марка), (ISO 4217:BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 feninga (Bosnian and Croatian, фенинга in Serbian), from the German Pfennig.
It was established by the 1995 Dayton Agreement and replaced the Bosnia and Herzegovina dinar, Croatian kuna and Republika Srpska dinar as the currency of Bosnia and Herzegovina in 1998. The "marka" in the name refers to the Deutsche Mark, the currency to which it was pegged at par. Since the replacement of the Deutsche Mark by the euro in 2002, the marka effectively uses the same fixed exchange rate to euro that the Deutsche Mark has (that is, €1 = 1.95583 convertible marka).
All banknotes are interchangeable within the whole country, but the designs of the banknotes issued by the two entities (the Federation and the Republika Srpska) differ in the symbols and the person depicted on the back. An exception is the 200 KM banknote, which has the same design throughout the country.
[edit] Coins
- 5 feninga/фенинга
- 10 feninga/фенинга
- 20 feninga/фенинга
- 50 feninga/фенинга
- 1 marka/марка
- 2 marke/марке
- 5 maraka/марака
[edit] Banknotes
- 50 feninga/фенинга (spelled as "pfeniga/пфенига" on the note, withdrawn from circulation March 31, 2003) (Skender Kulenović and Branko Ćopić)
- 1 marka/марка (Fra Ivan Franjo Jukić and Ivo Andrić)
- 5 maraka/марака (Meša Selimović)
- 10 maraka/марака (Mehmedalija Mak Dizdar and Aleksa Šantić)
- 20 maraka/марака (Antun Branko Šimić and Filip Višnjić)
- 50 maraka/марака (Musa Ćazim Ćatić and Jovan Dučić)
- 100 maraka/марака (Nikola Šop and Petar Kočić)
- 200 maraka/марака (Ivo Andrić)
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[edit] See also
| Preceded by: Bosnia and Herzegovina dinar Location: B&H except Republika Srpska Reason: inflation Ratio: 1 convertible mark = 1 Deutsche Mark |
Currency of Bosnia and Herzegovina 1998 – |
Succeeded by: Current |
| Preceded by: Yugoslav new dinar Location: Republika Srpska Reason: Dayton Agreement Ratio: 1 convertible mark = 1 Deutsche Mark |
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| Eurozone | Euro |
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| Mediterranean | Cypriot pound · Euro · Gibraltar pound · Maltese lira · Turkish new lira |
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| Unrecognized Countries | Armenian dram (in Nagorno-Karabakh) · New Turkish lira (in Northern Cyprus) · Russian ruble (in Abkhazia and South Osetia) · Transnistrian ruble |
