Bosnia and Herzegovina dinar

Bosnia and Herzegovina dinar
Bosanskohercegovački dinar (Bosnian)
ISO 4217 code BAD
User(s) Bosnia and Herzegovina
Pegged with Deutschmark = 100 dinars
Subunit
1/100 para
Symbol BAD
Plural The language(s) of this currency belong(s) to the Slavic languages. There is more than one way to construct plural forms. See article.
Coins none
Banknotes 10, 25, 50, 100, 500, 1000 dinar
Central bank Central Bank of Bosnia Herzegovina
Website www.cbbh.ba

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.

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 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.

See also

External links

Old dinar
Preceded by:
Yugoslav 1990 dinar
Reason: independence (in March, 1992)
Ratio: 1 Bosnia and Herzegovina dinar = 10 Yugoslav "1990 dinara" = 1 Yugoslav "1992 dinar"
Currency of Bosnia and Herzegovina except for Republika Srpska and Herceg Bosna
July, 1992 – August, 1994
Succeeded by:
Bosnia and Herzegovina new dinar
Reason: inflation
Ratio: 1 new dinar = 10,000 old dinara
New dinar
Preceded by:
Bosnia and Herzegovina old dinar
Reason: inflation
Ratio: 1 new dinar = 10,000 old dinara
Currency of Bosnia and Herzegovina except for Republika Srpska and Herceg Bosna
August, 1994 – 1998
Succeeded by:
Bosnia and Herzegovina convertible mark
Reason: new currency for the whole country
Ratio: 100 new dinar = 1 convertible mark = 1 German Mark