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Bosnia and Herzegovina convertible mark

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Bosnia and Herzegovina convertible mark
konvertibilna marka (Bosnian) (Croatian) (Latin Serbian)</small>
Конвертибилна марка (Cyrillic Serbian)</small>
Bosnia and Herzegovina convertible mark:50 konvertibilnih maraka (Federation of BiH) Bosnia and Herzegovina convertible mark:A selection of mark coins from KM0,10 to KM2
50 konvertibilnih maraka (Federation of BiH) A selection of mark coins from KM0,10 to KM2
ISO 4217 Code BAM
User(s) Bosnia and Herzegovina
Inflation 1.4%
Source The World Factbook, 2005 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.


Contents

Coins

Banknotes

Current BAM exchange rates
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See also

Preceded by:
Bosnia and Herzegovina dinar
Croatian kuna
Republika Srpska dinar

Reason: inflation
Ratio: 1 convertible mark = 1 Deutsche Mark
Currency of Bosnia and Herzegovina
1998
Succeeded by:
Current


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Categories


Currencies of Europe | Circulating currencies | Economy of Bosnia and Herzegovina | Fixed exchange rate

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