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50 Konvertibilnih Maraka
| Issuer | Central Bank of Bosnia and Herzegovina |
|---|---|
| Year | 2007-2009 |
| Type | Standard circulation banknote |
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|---|---|
| Obverse lettering | CENTRALNA BANKA BOSNE I HERCEGOVINE ЦЕНТРАЛНА БАНКА БОСНЕ И ХЕРЦЕГОВИНЕ 50 KONVERTIBILNIH MARAKA КОНВЕРТИБИЛНИХ МАРАКА PEDESET KONVERTIBILNIH MARAKA ПЕДЕСЕТ КОНВЕРТИБИЛНИХ МАРАКА MUSA ĆAZIM ĆATIĆ 1878 – 1915 |
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| Variants | P#76a - 2007 P#76b - 2008 P#76c - 2009 |
| Comments |
The Konvertibilna Marka was introduced in 1998 under the Dayton Agreement's economic provisions, pegged first to the Deutschmark and then, automatically, to the Euro at the fixed rate of 1.95583 KM — a parity it has held without adjustment ever since. The currency is unusual in that it is jointly guaranteed by the IMF and administered by a currency board, meaning the Central Bank of Bosnia and Herzegovina legally cannot conduct monetary policy in the conventional sense; it can only issue notes backed by foreign exchange reserves.
Oberthur Fiduciaire has printed the entire KM series. The 2007–2009 dating reflects a reprint run rather than a redesign.