Convertible_Mark Convertible_Mark

Convertible Mark - Definition and Overview

Related Words: Commutative, Coordinate, Correspondent, Equal, Equipollent, Equivalent, Even, Liquid, Mutual, Reciprocal
A 50 konvertibilnih maraka banknote
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A 50 konvertibilnih maraka banknote

The convertible mark or konvertibilna marka in Bosnian is the currency of Bosnia and Herzegovina. It is divided into 100 feninga.

It was established as such by the 1995 Dayton Agreement. The marka in the name refers to the Deutsche Mark, the currency to which it was pegged until 2002 at a par exchange rate of 1:1.

In 2002, following a currency board principle, the currency was put on a fixed exchange rate to the euro.

Coins

  • 10 Fenninga
  • 20 Fenninga
  • 50 Fenninga
  • 1 Marka
  • 2 Marka

Banknotes

  • 50 Fenninga (withdrawn from circulation March 31, 2003)
  • 1 Marka
  • 5 Marks
  • 10 Marka
  • 20 Marka
  • 50 Marka
  • 100 Marka
  • 200 Marka

External links


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