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Bosnia and Herzegovina convertible mark

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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

Banknotes

See also


Currencies of Europe
Eurozone

Euro
Northern

Danish krone > Faroese króna | Icelandic króna | Norwegian krone | Swedish krona
Baltic

Estonian kroon > Latvian lats | Lithuanian litas
Western

British pound | Guernsey pound | Jersey pound | Manx pound
Central

Czech koruna > Hungarian forint | Polish złoty | Slovak koruna | Slovenian tolar | Swiss franc
Eastern

Belarusian ruble > Kazakhstani tenge | Russian ruble | Ukrainian hryvnia
Southeastern

Albanian lek > Bulgarian lev | Bosnia and Herzegovina convertible mark | Croatian kuna | Macedonian denar | Moldovan leu | Romanian leu | Serbian dinar
Mediterranean

Cypriot pound > Gibraltar pound | Maltese lira | Turkish new lira
Transcaucasia

Armenian dram > Azerbaijani manat | Georgian lari
Unrecognized Countries

Transnistrian ruble
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