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The Convertible Mark (Serbian, Bosnian, Croatian: konvertibilna marka, Serbian: конвертибилна марка), (ISO 4217:BAM) is the currency of Bosnia and Herzegovina. It is divided into 100 fenings (Bosnian, Croatian: fening, Serbian: фенинг), from the German pfennig.

It was established as such by the 1995 Dayton Agreement and replaced the former currency of Bosnia and Herzegovina named dinar in 1998. The marka in the name refers to the German mark, the currency to which it is pegged at a par exchange rate of 1:1. After the German mark was absorbed by the euro in 2002, the currency effectively used the same fixed exchange rate of the German mark to euro (that is 1 = 1.95583 convertible mark/German mark).

The two entities (the Federation and the Republika Srpska) have different banknotes of the same style but with different designs (the person and the symbol on the back is different), however they are interchangeable within the whole country. There is an exception of this is the 200 KM banknote, which has the same design throughout the country.

Coins


  • 5 feninga/фенинга
  • 10 feninga/фенинга
  • 20 feninga/фенинга
  • 50 feninga/фенинга
  • 1 marka/марка
  • 2 marke/марке
  • 5 maraka/марака

Banknotes


  • 50 feninga/фенинга (spelled as "pfeniga/пфенига" on the note, withdrawn from circulation March 31, 2003)
  • 1 marka/марка
  • 5 maraka/марака
  • 10 maraka/марака
  • 20 maraka/марака
  • 50 maraka/марака
  • 100 maraka/марака
  • 200 maraka/марака

See also


Economy of Bosnia and Herzegovina

Konvertibilna marka | Marc convertible | Konvertibilní marka | Konvertibilna mark | Konvertible Mark | Μετατρέψιμο μάρκο | Marco convertible | Konvertibilna marka | Marco convertibile | Konvertibilis márka | Bosnische convertibele mark | 兌換マルク | Marka transferowa | Marco conversível | Боснийская марка | Конвертибилна марка | Konvertibilna marka | Konvertibilna marka

 

This article is licensed under the GNU Free Documentation License. It uses material from the "Bosnia and Herzegovina convertible mark".

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