Numismatics Channel | 5 Bosnian Convertible Mark Banknote (Five Convertible Mark Bosnia and Herzegovina: 1998) @helsinkiphoto | Uploaded 7 years ago | Updated 3 days ago
5 Bosnian Convertible Mark Banknote (Five Convertible Mark Bosnia and Herzegovina: 1998) Obverse & Reverse.
5 - Pet Konvertibilnih Maraka: Centralna Banka Bosne i Hercegovine / 1998 (Central Bank of Bosnia and Herzegovina)
Bosnia and Herzegovina Banknotes: Pick 61
Obverse: Portrait of the Yugoslav writer Mea Selimovi.
Reverse: Trunks of trees in a forest.
Watermark: Central Bank monogram CBBH in Latin and Cyrillic letters repeated vertically.
Date of Issue: 22 June 1998.
Printer: Francois-Charles Oberthur Fiduciaire.
Legal tender: 1998 till 31 December 2009 - Withdrawn: 31 March 2010.
Color: Purple-Orange-Blue
Value: 5 KM
Signature: Peter Nicholl (Governor).
Subunit: 1 KM = 100 fening
Denominations: 10KM 20KM 50KM 100KM 200KM
Dimensions: 122 x 62 mm
Symbol: KM; BAM
-------------------------------------------------------------
The convertible mark 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. Mark refers to the German mark, the currency to which it was pegged at par. Since the replacement of the German mark by the euro in 2002, the Bosnian convertible mark uses the same fixed exchange rate to euro that the German mark has (that is, 1 EUR = 1.95583 BAM)
The main characteristic of the new KM banknotes is improved paper quality and the security features providing the quality and durability, and protection against counterfeiting at the same level of quality as the European banknotes have.
Production of new issue of the Convertible Mark have no inflationary effect, because none KM banknote shall be put in circulation if not adhering to the Currency Board principles, meaning that each issued Convertible Mark shall be covered in foreign currency at the fixed rate.
At the new issue of banknotes with the front side featuring the printing year of "2012", below the signature and the word "GUVERNER" we made certain changes compared to the previous issues, mostly due to more efficient protection against counterfeiting.
The new issue has a multi tone watermark with the theme of sculptures located at the main entrance of the Central Bank of Bosnia and Herzegovina building. Below the sculptures' theme, each denomination has a highlight watermark - showing the value of a banknote.
With the new issue, the security thread with the text is fully embedded in the paper and it displays the text different for each denomination: KM10, KM20, KM50 and KM100.
All newly issued KM banknotes have a micro optic security thread, 4 mm wide, with windows. Thread windows display quills which move depending on the viewing angle.
At the denominations of KM 10 and KM 20, vertically through the entire reverse side of the banknote there is 10 mm wide iridescent stripe. The stripe shows the KM letters and the denomination. When the banknote is viewed at different angles, the stripe has an iridescent effect and changes the colour.
At the KM 50 and KM 100 denominations, the denomination mark in the lower right corner of the reverse is printed in a special optically variable ink. The colour changing effect is seen when the banknote is viewed at different angles. At KM 50 the colour changes from purple red to greenish brown. At 100 KM the colour changes from golden brown to olive green.
5 Bosnian Convertible Mark Banknote (Five Convertible Mark Bosnia and Herzegovina: 1998) Obverse & Reverse.
5 - Pet Konvertibilnih Maraka: Centralna Banka Bosne i Hercegovine / 1998 (Central Bank of Bosnia and Herzegovina)
Bosnia and Herzegovina Banknotes: Pick 61
Obverse: Portrait of the Yugoslav writer Mea Selimovi.
Reverse: Trunks of trees in a forest.
Watermark: Central Bank monogram CBBH in Latin and Cyrillic letters repeated vertically.
Date of Issue: 22 June 1998.
Printer: Francois-Charles Oberthur Fiduciaire.
Legal tender: 1998 till 31 December 2009 - Withdrawn: 31 March 2010.
Color: Purple-Orange-Blue
Value: 5 KM
Signature: Peter Nicholl (Governor).
Subunit: 1 KM = 100 fening
Denominations: 10KM 20KM 50KM 100KM 200KM
Dimensions: 122 x 62 mm
Symbol: KM; BAM
-------------------------------------------------------------
The convertible mark 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. Mark refers to the German mark, the currency to which it was pegged at par. Since the replacement of the German mark by the euro in 2002, the Bosnian convertible mark uses the same fixed exchange rate to euro that the German mark has (that is, 1 EUR = 1.95583 BAM)
The main characteristic of the new KM banknotes is improved paper quality and the security features providing the quality and durability, and protection against counterfeiting at the same level of quality as the European banknotes have.
Production of new issue of the Convertible Mark have no inflationary effect, because none KM banknote shall be put in circulation if not adhering to the Currency Board principles, meaning that each issued Convertible Mark shall be covered in foreign currency at the fixed rate.
At the new issue of banknotes with the front side featuring the printing year of "2012", below the signature and the word "GUVERNER" we made certain changes compared to the previous issues, mostly due to more efficient protection against counterfeiting.
The new issue has a multi tone watermark with the theme of sculptures located at the main entrance of the Central Bank of Bosnia and Herzegovina building. Below the sculptures' theme, each denomination has a highlight watermark - showing the value of a banknote.
With the new issue, the security thread with the text is fully embedded in the paper and it displays the text different for each denomination: KM10, KM20, KM50 and KM100.
All newly issued KM banknotes have a micro optic security thread, 4 mm wide, with windows. Thread windows display quills which move depending on the viewing angle.
At the denominations of KM 10 and KM 20, vertically through the entire reverse side of the banknote there is 10 mm wide iridescent stripe. The stripe shows the KM letters and the denomination. When the banknote is viewed at different angles, the stripe has an iridescent effect and changes the colour.
At the KM 50 and KM 100 denominations, the denomination mark in the lower right corner of the reverse is printed in a special optically variable ink. The colour changing effect is seen when the banknote is viewed at different angles. At KM 50 the colour changes from purple red to greenish brown. At 100 KM the colour changes from golden brown to olive green.
