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20 Konvertibilnih Maraka
| Issuer | Central Bank of Bosnia and Herzegovina |
|---|---|
| Year | 2012-2024 |
| Type | Log in to see details |
| Value | 20 Konvertibilnih Maraka |
| Currency | Log in to see details |
| Composition | Log in to see details |
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|---|---|
| Obverse lettering | ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ CENTRALNA BANKA BOSNE I HERCEGOVINE 20 КОНВЕРТИБИЛНИХ МАРАКА KONVERTIBILNIH MARAKA ДВАДЕСЕТ КОНВЕРТИБИЛНИХ МАРАКА DVADESET KONVERTIBILNIH MARAKA ФИЛИП ВИШЊИЋ 1765 -1835 |
| Reverse description | A central vignette within an elaborate guilloche rosette presents a gusle, the traditional single-stringed Balkan bowed instrument, rendered in fine intaglio engraving against a layered geometric underprint. The bilingual bank title in Cyrillic and Latin script is printed across the top, while the denomination numeral '20' appears in bold at the lower right. Vertical bilingual denomination lettering in Cyrillic and Latin runs along the left border. |
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| Comments |
The convertible mark was introduced in 1998 under the Dayton Agreement's monetary provisions, pegged at parity to the Deutsche Mark and — after 2002 — fixed to the euro at 1.95583 KM, a rate the Central Bank is legally prohibited from altering. Bosnia's currency board arrangement means the central bank cannot conduct monetary policy in any conventional sense; every mark in circulation must be backed by euro reserves. That constraint is baked into the institution's founding statute, not merely adopted by convention.
Oberthur Fiduciaire's Chantepie facility has handled the series since its inception. P#83 represents the most recent redesign cycle, incorporating updated security elements while retaining the established visual grammar of the series.