Bosnia and Herzegovina dinar
Encyclopedia
The Bosnia and Herzegovina dinar was the independent currency of Bosnia and Herzegovina
between 1992 and 1998, used in those areas under Bosniak
control. No subdivisions were issued.
declared independence from Yugoslavia
in March 1992. The first Bosnian dinar was issued in July, 1992, replacing the 1990 version of Yugoslav dinar
at the rate of 1 Bosnia dinar = 10 Yugoslav "1990 dinara". Consequently, the Bosnian dinar was at par with the 1992 version of the Yugoslav dinar
when it was introduced.
The first issues were overstamps on Yugoslav banknotes. After suffering from high inflation, a second dinar was introduced in 1994, replacing the first at a rate of 1 "new" dinar = 10,000 "old" dinara. Both these dinara were restricted in their circulation to the areas under Bosniak control. The Croat areas used the Croatian dinar
and kuna
, whilst the Serb areas used the Republika Srpska dinar
.
The convertible mark
replaced the dinar in 1998. As the name indicated, the mark was convertible into the Deutsche Mark
until the latter was replaced by the euro
.
Bosnia and Herzegovina
Bosnia and Herzegovina , sometimes called Bosnia-Herzegovina or simply Bosnia, is a country in Southern Europe, on the Balkan Peninsula. Bordered by Croatia to the north, west and south, Serbia to the east, and Montenegro to the southeast, Bosnia and Herzegovina is almost landlocked, except for the...
between 1992 and 1998, used in those areas under Bosniak
Bosniaks
The Bosniaks or Bosniacs are a South Slavic ethnic group, living mainly in Bosnia and Herzegovina, with a smaller minority also present in other lands of the Balkan Peninsula especially in Serbia, Montenegro and Croatia...
control. No subdivisions were issued.
History
Bosnia and HerzegovinaBosnia and Herzegovina
Bosnia and Herzegovina , sometimes called Bosnia-Herzegovina or simply Bosnia, is a country in Southern Europe, on the Balkan Peninsula. Bordered by Croatia to the north, west and south, Serbia to the east, and Montenegro to the southeast, Bosnia and Herzegovina is almost landlocked, except for the...
declared independence from Yugoslavia
Yugoslavia
Yugoslavia refers to three political entities that existed successively on the western part of the Balkans during most of the 20th century....
in March 1992. The first Bosnian dinar was issued in July, 1992, replacing the 1990 version of Yugoslav dinar
Yugoslav dinar
The dinar was the currency of the three Yugoslav states: the Kingdom of Yugoslavia , the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para...
at the rate of 1 Bosnia dinar = 10 Yugoslav "1990 dinara". Consequently, the Bosnian dinar was at par with the 1992 version of the Yugoslav dinar
Yugoslav dinar
The dinar was the currency of the three Yugoslav states: the Kingdom of Yugoslavia , the Socialist Federal Republic of Yugoslavia and the Federal Republic of Yugoslavia between 1918 and 2003. The dinar was subdivided into 100 para...
when it was introduced.
The first issues were overstamps on Yugoslav banknotes. After suffering from high inflation, a second dinar was introduced in 1994, replacing the first at a rate of 1 "new" dinar = 10,000 "old" dinara. Both these dinara were restricted in their circulation to the areas under Bosniak control. The Croat areas used the Croatian dinar
Croatian dinar
The dinar was the currency of Croatia between December 23, 1991, and May 30, 1994. The ISO 4217 code was HRD.-History:The Croatian dinar replaced the 1990 version of Yugoslav dinar at par. It was a transitional currency introduced following Croatia's declaration of independence. During its...
and kuna
Croatian kuna
The kuna is the currency of Croatia since 1994 . It is subdivided into 100 lipa. The kuna is issued by the Croatian National Bank and the coins are minted by the Croatian Monetary Institute....
, whilst the Serb areas used the Republika Srpska dinar
Republika Srpska dinar
The dinar was the currency of the Republika Srpska between 1992 and 1998, during and following the Bosnian War. There were two distinct currencies issued by the National Bank of the Republika Srpska. The first was introduced in 1992 in conjunction with the Yugoslav dinar of that year, to which it...
.
The convertible mark
Bosnia and Herzegovina convertible mark
The Bosnia and Herzegovina convertible mark is the currency of Bosnia and Herzegovina. It is divided into 100 fenings...
replaced the dinar in 1998. As the name indicated, the mark was convertible into the Deutsche Mark
German mark
The Deutsche Mark |mark]], abbreviated "DM") was the official currency of West Germany and Germany until the adoption of the euro in 2002. It is commonly called the "Deutschmark" in English but not in German. Germans often say "Mark" or "D-Mark"...
until the latter was replaced by the euro
Euro
The euro is the official currency of the eurozone: 17 of the 27 member states of the European Union. It is also the currency used by the Institutions of the European Union. The eurozone consists of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg,...
.