| Bosanskohercegovački dinar / Босанскохерцеговачки динар (Bosnian) | |
|---|---|
 | |
| ISO 4217 | |
| Code | BAD |
| Unit | |
| Plural | The language(s) of this currency belong(s) to the Slavic languages. There is more than one way to construct plural forms. |
| Symbol | BAD |
| Denominations | |
| Subunit | |
| 1⁄100 | para |
| Banknotes | 10, 25, 50, 100, 500, 1000 dinara |
| Coins | none |
| Demographics | |
| Replaced | Yugoslav dinar |
| Replaced by | Bosnia and Herzegovina convertible mark |
| User(s) | Bosnia and Herzegovina |
| Issuance | |
| Central bank | Central Bank of Bosnia Herzegovina |
| Website | www |
| Valuation | |
| Pegged with | Deutsche Mark = 100 dinars |
| This infobox shows the latest status before this currency was rendered obsolete. | |
The Bosnia and Herzegovina dinar was the independent currency of Republic of Bosnia and Herzegovina between 1992 and 1998.
History
Bosnia and Herzegovina declared independence from Yugoslavia in March 1992. The first Bosnian dinar was issued in July 1992, replacing the 1990 version of the 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 dinars 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.
Along with the Croatian dinar and Yugoslav dinar, the Bosnia and Herzegovina dinar was unstable.[1]
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.[2]
See also
References
- ↑ Hanke, Steve H. (2002). "Currency Boards". The Annals of the American Academy of Political and Social Science. 579: 93. doi:10.1177/000271620257900107. ISSN 0002-7162. JSTOR 1049785. S2CID 220878597.
- ↑ Cuvalo, Ante (2010). The A to Z of Bosnia and Herzegovina. Rowman & Littlefield. ISBN 978-0-8108-7647-7.